Dash Price Prediction
Best advise? Study these charts 📖
Today's ForecastsDash(DASH) opened trading today at $41.44. It achieved a Market high of $42.69 and a subsequent Market low of $40.93, Representing a change of $-0.16 and price percentage change of -0.39% . Its current Price is $41.28 representing a market share of 0.14% only.
A total volumn of $371,670 worth of Dash traded hands today, achieving a Maximum Market Cap of $381,687,040 for the day.
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The Bull Case 🐃 for Dash
Many people are looking to invest in digital assets (including Dash) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for Dash as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.
With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, Dash has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.
Dash is currently trading around $41.28.
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Price Predictions for Today, This Week and This Month 🚀
Critical Fundamental Analysis of Dash
DigitalCash (DASH) uses a new chained hashing algorithm approach, with many new scientific hashing algorithms for the proof-of-work. DASH aims to be the first privacy-centric cryptographic currency with fully encrypted transactions and anonymous block transactions, this feature is called PrivateSend and can be found on the official Dashcore wallet.
PrivateSend mixes your DASH coins with other users who are also using this feature at the time, making your transactions untraceable.
Users can also earn DigitalCash rewards by hosting a master node to help maintain the Blockchain. One must have a balance of at least 1000 DASH in order to host a Dash master node, this collateral is required to avoid 51% attacks on the network.
- Untraceable payments
- Unlinkable transactions
- Double-spending proof
- Blockchain analysis resistance
- Egalitarian proof of work
- Adaptive limits
- Difficulty retargets each block
- Block reward decreases each block according to the formula:
BaseReward = (MSupply - A)/218, where MSupply = (264 - 1) atomic units and 'A' is amount of already generated coins
- POW mechanism is a voting system for users
DASH Trading Stats for Today - 2020-01-02 04:45:03 +00:00 GMT
|Current Supply||9,246,294 DASH|
|Total Supply||22,000,000 DASH|
|24h Volume (coin)||8,861 DASH|
|24h Volume (currency)||$371,670|
|Last updated||2020-01-02 04:45:03 +00:00 GMT|
Other Price Forecasts similar to Dash(DASH) :
Common DASH Price Prediction Questions
What is Dash’s potential future value?
DASH's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what Dash is and what it does. This is because Dash's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can DASH make you one?
What is going on with Dash's price?
In order not to be too rattled, read our Fundamental analysis above on Dash to know if it’s a good hodl.
How high will Dash go?
No one really knows for sure. We however predict DASH might be 4x by end of 2019. This will depend however, on the larger crypto market 4xing as most coins whether good or not, mirror Bitcoins loses or gains. If in doubt about any coin, either BUY BTC, ETH or stay out of the market. For now!
Why is Dash(DASH) rising today?
On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of Dash to see its expected value. You can also visit Dash's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The Dash website page will quickly provide you with that value.
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Why is Dash's price going down?
It’s difficult to tell right now as the daily DASH candle hasn’t closed. However a quick way to know the reason for any sudden disruption in Dash's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for Dash, Simple click the Social Button on this page, located immediately below the Price Charts.
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