A new cryptocurrency project has jumped into the Bitcoin Cash blockchain as it prepares for a global launch.
The “BitCash” blockchain, a fork of Bitcoin Cash created in 2017, has raised $4.5 million, according to a listing on the Coinmarketcap.com exchange.
The coin was first announced in October, but has seen its value rise in the past 24 hours as it continues to raise capital.
BitCash is now trading at $0.1325.
BitCash is a new cryptocurrency launched by the digital currency firm Digital Asset Holdings (DASH), which has been the most active cryptocurrency in the world since the first Bitcoin Cash fork in August.
BitCoin was created as a replacement for Bitcoin, a popular digital currency that is currently the most popular in the cryptocurrency market.