A newly born coin forked from bitcoin cash network on November 15, bitcoin SV, has jumped from the bottom of the list to the 7th place by market capitalization, according to the data from coinmarketcap.
For now, bitcoin SV has total capitalization $1.9B and average daily trading volumes over $600M. At the same time, it is the only token from the top 10 that remains in a green zone, actively growing in price.
It is expected that such unpredicted grow of bitcoin SV followed the recent decision of the team to gave up claims on the original bitcoin cash chain and focused on its own applications and developments.
By sending a clear signal that the "Hash Wars" may be over, the team sends bitcoin SV soaring. The coin gained over 70% in 24 hours and shortly broke above $120. Currently, bitcoin SV is changing hands at $112.8, comparable with ETH and its closest rival bitcoin ABC.
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