|Brief||Released in 2014, Dash is often referred to as the 'Anonymous cryptocurrency 1'. It is one of the three coins (together with Zcash and Monero) striving to become the leader in private zero-knowledge operations.|
|Last updated:||Monday, October 14, 2019 5:56:02AM UTC|
|Current price, USD:||71.690|
|Current price, BTC:||0.0085853|
|Market capitalization, USD:||651 964 325|
|Available supply:||9 094 207 DASH|
|Volume 24 hours, USD:||223 912 057|
General DASH facts, technical details and general information about Dash crypto currency
Released in 2014, Dash is often referred to as the 'Anonymous cryptocurrency â„–1'. It is one of the three coins (together with Zcash and Monero) striving to become the leader in private zero-knowledge operations.
The mechanism behind Dash’s secrecy feature is Darksend – the transactions are first split into even parts and then are mixed in several stages, each time by a different computer which is called a “masternode”.
Operating masternodes is incentivized so it’s one of the ways one can earn Dash coins. Another option would be mining – one must know, however, that masternodes do not mine, and mining computers cannot serve as masternodes.
We list daily Dash historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Oct 05||69.909||69.126||70.541||640 446 770|
|Oct 06||71.095||69.894||71.752||640 230 764|
|Oct 07||70.316||69.368||72.056||648 493 243|
|Oct 08||71.382||71.092||73.384||648 483 667|
|Oct 09||71.483||70.937||74.122||673 548 176|
|Oct 10||74.135||71.248||74.135||661 633 689|
|Oct 11||72.629||70.481||73.208||640 890 170|
|Oct 12||70.738||70.523||72.605||646 655 009|
|Oct 13||71.109||70.824||72.108||644 877 127|
|Oct 14||70.852||70.852||71.69||651 964 325|
|DASH price change 24 hours||0.29%|
|DASH price change 7 days||2.24%|
When it comes to fundamentals, Dash is definitely one of my favorite cryptocurrencies. It won't go in detail about the benefits of this privacy coin, but it surely offers some brilliant solutions. However, it would place too much confidence in Dash as a long-term investment. Judging from the current BTC dominance, the alts like Dash will have a hard time reaching their peak in terms of price.
I am convinced that Dash might be superior to Bitcoin in many ways, especially when it comes to the scalability and anonymity of transactions. But, though having some of the best fundamentals, Dash isn't doing all too great this year. To be more precise, it's value dropped by 13.26% since the beginning of the year while BTC is in the green by as much as 114,74%. I really like Dash because of its functional capabilities, and often use it to send crypto to friends or employees, but, unfortunately, it doesn't always correlate with its value on the market.
The only thing propping Dash up at the moment is it's one of the more recognized cryptos out there. It’s so far from its ATH that at this point it seems nearly unobtainable. Although certain coins reached such high prices, it’s important to remember if these projects hold any relevance anymore. DASH is a great example of a project that doesn’t seem to have any loyal followers and doesn’t seem like a project that is undergoing an accumulation phase. It’ll rise in price if the entire market turns bullish, but it won’t decouple from the rest of the market to surprise us with a sudden 10x.
I was telling all my friends to buy as much DASH as possible about 2 months ago. Lo and behold here we are a short time later and this coin has pumped! It was such a no brainer- a coin that was once over 1k and then sitting at $70. It was only a matter of time before it started to pump like crazy. It’s exciting times again in crypto, and DASH is going to have another amazing run on its way back to 1k and beyond.
Dash doesn't really have much going for it in terms of development from the developers. It looks great when looking at the charts, but it just doesn't have the necessary catalyst to push it in the right direction. It would be great to see a big update from the Dash team, but this seems far away. Will Dash ever recover to its previous highs? I remember when Dash was over $1000. It was an amazing time to witness, but it also goes to show how volatile crypto is in general. The fact that Dash needs more than a 10x to break even from its previous ATH is insane.
We publish the most accurate Dash Forecasts and News including crypto industry experts' opinion on a daily basis
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