After Bitcoin Cash and Bitcoin Gold, Bitcoin will experience a third hard fork, SegWit2x, in November. This fork is already controversial, given the fact that two different groups (Bitcoin Core and Segwit2X) will openly compete which one is the "real" Bitcoin. Nobody knows which one will prevail, but some exchanges have started listing Segwit2X futures. And their price is considered by some observers an indicator for the outcome of the upcoming battle.
CoinMarketCap, the de facto leader in cryptocurrency market capitalizations, has decided to list SegWit2x futures as a new cryptocurrency called B2X. This development is exciting, given the fact that CoinMarketCap has never listed futures of this kind before.
To be precise, CoinMarketCap lists some currencies which are not traded yet. But in most cases, it does this for ICO tokens.
We do not know what prompted CoinMarketCap to list SegWit2x futures, but the fact is SegWit2x is now listed as a separate crypto-coin index. And that index will undoubtedly be under the microscope of many people in the coming days until the hard fork executes.
The strange thing about the new Segwit2X index is that it only tracks HitBTC’s SegWit2x futures market. We do not know why CoinMarketCap made that choice given the fact there are S2X futures on multiple platforms.
Another thing that needs to be mentioned is that CoinMarketCap lists SegWit2X futures as an altcoin, not as the "new" Bitcoin. Admittedly, this development won't be satisfactory for die-hard SegWit2x supporters.
At the time of writing this news piece, the price of a B2X token is quite impressive: 1062 dollars. JustCryptoNews.com will monitor it and report in the coming days.