EOS, Stellar (XLM) Fight for Top 4 Coin Market Spot, Looking to Oust Splintered Bitcoin Cash (BCH)
The Bitcoin Cash hard fork has cost the coin billions in market capitalization and is currently trading at $!84 which is almost 90% off its all-time high. Consequently, Stellar (XLM) and EOS are rapidly gaining on the coin and will soon surpass it in terms of market capitalization
Stellar has remained relatively stable after the Bitcoin crash that some believe was caused by the controversial BCH fork. At the moment, XLM is trading at $0.149 with a market cap of $2.79 billion which is $5500 million less that of BCH.
EOS slightly surpassed BCH for the number four slot but went back to number 5 with a market cap of $3 billion. In case the hash wars between Bitcoin ABC and Bitcoin SV persist, Bitcoin Cash will drop to the sixth position in coin rankings
Those in the crypto community have called for the two parties to end the hash war that’s detrimental to BCH and the crypto market as well. At the moment, Bitcoin ABC seems to have won but Craig Wright, a major crusader for Bitcoin SV, believes that the coin will recover from the conflict.