Amaury Sechet’s Bitcoin ABC coin is up 70% today as the developer announced a new upgrade for the client software that includes stability-related fixes for both forks of the Bitcoin Cash client.
The new release breathes much-needed life into the Bitcoin ABC (BCHA) faction of Bitcoin Cash which was crushed by rival Bitcoin Cash Node (BCHN) in a briefly-lived hash war following the fork on November 15. This led to rumors about its impending demise.
According to CoinMarketCap, BCHA opened trading at $11.78. The coin is now trading with substantial volume on exchanges and has been as low as $10.50 and as high as $21 before settling back down in the $19-$20 range.
This represents a 70% increase over the last 24 hours and a boost in confidence that the coin will not be abandoned. However the BCHN version currently trades at $254.61, and is now listed as Bitcoin Cash or BCH on most exchanges.
Sechet also signaled positivity for the future