As a small fork in the Bitcoin road, Bitcoin Gold could come back to win. But its chances are slim.
Approximate Market Cap: <$1 billion
Year Established: 2017
Cost Per Transaction: Nominal
2020 Return: 32%
Score: ★★
A 2017 hard fork in Bitcoin created Bitcoin Gold. But like Bitcoin SV and many other divisions, BTG never quite found its footing. Since 2018, the currency has lost almost 97% of its value. By size, it has dropped from the No. 5 coin to below No. 80.
But for those willing to take a flyer, Bitcoin Gold still holds some sway. As an earlier entrant to the cryptocurrency space, Bitcoin Gold has broad support on various exchanges. And its trust level remains relatively high, despite some high-profile thefts in 2017-18. Although there aren’t too many catalysts for BTG, its original link with Bitcoin still gives it the potential for a second act.
Punters should take note.