The cryptocurrency market is full of options. Some projects, of course, have more potentialthan others. But every day, a memecoin emerges that could unseat even the most establishedaltcoin on the market. The debate between Bitcoin Cash and Shiba Inu is not new, as bothprojects have made a name for themselves and shown their value. But new ideas like WW3 Shiba are taking the lead as the best cryptocurrency today. Experts believe that this union ofSocialFi, GameFi, and Memecoins could increase by up to 580% during the presale.
Bitcoin Cash price drop worries investors.
The price of the Bitcoin Cash native token fell below $350, which temporarily affectedinvestor confidence. Although it has recovered in the last week, it is still hovering below$400. The first few months of 2024 were very positive for the crypto asset, especially in April, when it had its second halving and reached almost $700 per token.
Around 230,000 new users purchased BCH two weeks before the event, seeing the potentialfor returns, as many Proof of Work (PoW)-based projects tend to suffer major correctionsafter halving events. The CashTokens update implemented last year also influenced the priceof the virtual currency BCH, and showed the market that the ecosystem has a lot to offer.