Dash is an open-source cryptocurrency that has diverged from the Bitcoin blockchain. It was created specifically to be a fast, cost-effective, and decentralized payment network.
Dash is a 2-tier network faster than even Bitcoin. The first tier of the coin involves various miners that keep track of all the transactions that take place within the network and secure it. The second tier consists of various master nodes that help in both private transactions as well as instant send transactions.
What is $DASH?
The $DASH is an open-source cryptocurrency that was launched in 2014 under the name Xcoin. Later, it was rebranded as Darkcoin in 2015 and now it is known as Dash. It is considered to be a next-generation digital currency and is adopted by new businesses with each passing day.
Dash is a cryptocurrency that was launched as a payment method that focuses mainly on the privacy of the users. It provides even more anonymity to the users than various other crypto coins in the market, including Bitcoin.
Why choose $DASH?
$DASH is the native cryptocurrency of the Dash Blockchain Network. It is widely considered to be a privacy coin, with many praising it for its secure high-speed transactions. The $DASH token is a coin of many uses. Some of them are mentioned below.
- Global Transfers: DASH enables its holders to send money anywhere in the world without any transaction fees.
- Online and in-store purchases: The DASH can also be used to make purchases in stores that usually accept VISA.
- Enhanced Privacy: DASH is a privacy currency, which means that the identity of the sender and receiver will not be known outside the transaction at any cost.
- Remittance: The migrants can use DASH to send money to their families and friends in their home country. It won’t cost them any additional money.
- Micropayments: DASH can be used to make transactions as low as 0.001 cents, which is quite helpful for companies hiring freelance workers for article writing and so on.
How to buy $DASH tokens?
If you’re currently looking to buy the $DASH tokens, we got you covered. You only need to follow the steps given below.
- At first, you have to choose an exchange from which you want to buy the tokens. Conduct thorough research before doing so.
- After choosing an exchange, you have to fix the budget. That is, how much you are willing to invest in this particular token.
- Now that you have decided on your budget, choose a trading pair. You can also use various debit or credit cards to buy the coin as well. It’s your choice.
- After deciding all the above-mentioned things, it’s time to place your order. On the payment page, choose the payment option you decided on.
- After double-checking your order details, click on proceed.
The coins will be deposited to your wallet after the exchange verifies your payment.
DASH Coin’s current market analysis
The DASH coin was first launched in January 2014, with an initial price of $0.21. From this point, the DASH coin has come a long way. It reached the $10 mark by the end of 2016, and in 2027, the price of the DASH coin skyrocketed and reached $1493.59. But, by 2021 and 2022, it went through a rough bearish trend with the price falling below $100 by April 2022.
The current market price for the DASH coin is $23.05 with a total market capitalization of $276 million. The DASH coin is still showing signs of a bearish trend with a decrease rate of 4.31% in the last month. However, with the bull run in tow, it is expected that the coin may pick up its pace in the coming months.
DASH Coin price prediction
With the crypto market gaining popularity each day and the adoption of the coins increasing, it is expected that many crypto coins will rise in the market soon. DASH is also considered one of these coins due to its high-speed secure transactions.
According to the price prediction made by experts in the market, it is expected that the DASH coin may increase in value in the coming years. Refer to the below price prediction table for more information.
| Year | Price |
| 2024 | $ 23.15 |
| 2025 | $ 24.31 |
| 2026 | $ 25.52 |
| 2027 | $ 26.8 |
| 2030 | $ 31.02 |
Conclusion
DASH is an open cryptocurrency that was developed to overcome many of Bitcoin’s shortcomings, such as transaction speed and privacy issues. With its solid technical foundation and real-world applications, the DASH coin has a set future in front of it. But the thing is, it might take time for it to gain the prominence it once had and to have an increase in its value. If you’re still looking to invest in the coin, conduct thorough research before doing so, and keep in mind the market volatility.
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