{"id":29410,"date":"2023-06-29T23:08:41","date_gmt":"2023-06-30T03:08:41","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/is-it-too-late-to-buy-bitcoin-cash-bch-becomes-best-performer-of-the-week-while-web3-trading-alpha-platform-lpx-raises-1000000\/"},"modified":"2023-06-29T23:08:43","modified_gmt":"2023-06-30T03:08:43","slug":"is-it-too-late-to-buy-bitcoin-cash-bch-becomes-best-performer-of-the-week-while-web3-trading-alpha-platform-lpx-raises-1000000","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=29410","title":{"rendered":"Is It Too Late to Buy Bitcoin Cash? BCH Becomes Best Performer of the Week While Web3 Trading Alpha Platform LPX Raises $1,000,000"},"content":{"rendered":"
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An intense price melt-up in Bitcoin Cash (BCH) that started just over a week ago has continued on Thursday.<\/p>\n

BCHUSD was last changing hands to the north of $240 per token, up 120% versus its opening levels from last Wednesday around $110, having gained another 7% on the day.<\/p>\n

The trigger for Bitcoin Cash\u2019s rally last week was its listing on a much-hyped new cryptocurrency exchange called EDX Markets, which has the backing of major financial institutions like Citadel, Fidelity and Sequoia Capital.<\/p>\n

Bitcoin Cash was created back in August 2017 as a result of a hard fork from the original Bitcoin blockchain.<\/p>\n

Its creators launched the new blockchain to address the limitations of bitcoin such as problems relating to its scalability and transaction speed.<\/p>\n

Bitcoin Cash\u2019s strong recent performance means that it is the best-performing cryptocurrency in the top 100 by market capitalization over the past seven days, as per CoinGecko.<\/p>\n

Is it Too Late to Buy Bitcoin Cash (BCH)?<\/strong><\/h2>\n

The strong rally over the past week has some crypto investors concerned that they might have missed their chance to buy BCH on the cheap.<\/p>\n

Is it too late to buy Bitcoin Cash, they might now be asking.<\/p>\n

Well, while the cryptocurrency\u2019s strong breakout from the $90-$160ish range it was stuck within for around one year certainly seems to signal a longer-term bullish impulse, BCH is still a long way down from previous all-time highs.<\/p>\n

Back in May 2021, Bitcoin Cash rose as high as the $1,600s, more than 6x up versus current levels.<\/p>\n

Meanwhile, back in 2017, BCH at one point went as high as $4,300.<\/p>\n

The cryptocurrency\u2019s struggles to keep pace with Bitcoin\u2019s adoption rate means that a return to these 2017 highs may never happen.<\/p>\n

But if we are in the early stages of a new crypto bull market, BCH could still do very well.<\/p>\n

With the cryptocurrency still looking cheap by historical comparison, it certainly isn\u2019t too late to buy BCH.<\/p>\n

Bitcoin Cash (BCH) Alternative to Consider \u2013 Launchpad XYZ (LPX)<\/strong><\/h2>\n

Investors seeking diversification in their crypto holdings should consider holding some of the viral new all-in-one web3 platform Launchpad XYZ’s native $LPX token.<\/p>\n

Experts think that $LPX could potentially be one of the best penny cryptos available in the current space, which is why analysts at Cryptonews.com rank the presale as one of 2023\u2019s best.<\/p>\n

Launchpad XYZ is building a groundbreaking, all-encompassing web3 platform that, as stated in the project’s Whitepaper, seeks to simplify the highly “fractured and intimidating” web3 realm, making it more readily accessible.<\/p>\n

Firstly, Launchpad XYZ features all the tools a trader could need to trade and navigate the DeFi world.<\/p>\n

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The platform will include a cutting-edge trading terminal, with all transactions taking place through Launchpad XYZ’s proprietary decentralized cryptocurrency exchange (DEX).<\/p>\n

Additionally, the platform will provide a peer-to-peer (P2P) non-fungible token (NFT) exchange, as well as a presale analysis dashboard.<\/p>\n

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But the scope of its platform goes well beyond purely catering to crypto investors and traders.<\/p>\n

The all-in-one platform seeks to establish a user-friendly, curated gateway that offers convenient entry to the best projects in the blockchain space, all while enabling self-custody of your digital assets.<\/p>\n

Covering everything from NFTs to play-to-earn games, Launchpad XYZ will serve as an impartial gateway to the most cutting-edge and exciting Web3 experiences.<\/p>\n

Launchpad XYZ is currently conducting an already hugely popular presale of its native $LPX token.<\/p>\n

The web3 start-up\u2019s presale of its native $LPX crypto token is in its second stage and recently surpassed the $1 million milestone, despite only launching a few months ago.<\/p>\n

The current $LPX price is $0.0445, but investors should move quickly to secure their tokens ahead of the next 3.3% price rise to $0.046 when the presale hits $1.55 million and enters its third stage.<\/p>\n

Over a subsequent nine presale stages, the $LPX price will be gradually lifted to $0.0565, which is the price the token will list at on the Launchpad XYZ decentralized exchange in the third quarter of 2023.<\/p>\n

That means that investors who get in now can be sat on paper gains of around 27% by the time the token ICOs later this year.<\/p>\n

Buy Launchpad XYZ Here<\/strong><\/p>\n

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sub><\/strong><\/p>\n<\/p><\/div>\n