Do you see a pump and dump happening in BCH right now? or is it really taking over Bitcoin? How do you think will it affect other coins when BCH successfully replaced BTC as the top cryptocurrency
In terms of volume in the last 24 hours, bitcoin cash is leading the way with around 1 billion dollars in volume. Most of this comes from the South Korean exchange Bithumb. However, it is still a long way from claiming to be the #1 bitcoin there is.
At the end of the day, this is hyped up pumping. Mostly greed of investors that is pushing price up.
Similar scenario with ETH back in June when it peaked, it was like 60-70% of bitcoin's totla market cap and people said that it would overtake BTC. BTC will always remain as #1 in my opinion.