Dash was launched in 2014 and managed to secure the 11th position by market capitalization. Dash is mainly known for its focus on private, secure and fast transactions, which pulled quite a large crypto enthusiasts all around the world. The most unique factor, which sets it aside from other cryptocurrencies is that it has formed a unique interface with the assistance of which, DASH can be used for off-line transactions. This is a very big step towards Dash’s advancements, which obviously led to adaptability and more use case.
Dash is the first cryptocurrency based on the work of Satoshi Nakamoto with built-in privacy functions. It is a decentralized Anonymous Organization structured in a way which allows them to count on both volunteer members and dedicated developers continuously working on the network through decentralized governance. It is the altcoin with a huge potential to succeed because of its specific features.
Dash Price for today is $180.230202037. Its current circulating supply is DASH 8,327,021 with a market cap of $1,500,780,589.
The Dash ecosystem is fully structured in a way which splits the governance from the mining. Miners handle the creation of new blocks. Master nodes are in charge of governance here and the execution of Dash payment services, Instasend and Privatesend. Through Instasend, transactions can be done at a much faster and lower cost than other cryptocurrencies especially relative to Bitcoin.
Through Privatesend, users can make their transactions anonymously and it will be non-traceable as opposed to public transactions carried out on the Blockchain Network. This feature attracts a lot of people, as they would prefer to have the transactions being anonymous. Dash is enlisted on an extensive range of crypto exchanges and can also be purchased directly with various fiat currencies. This makes it accessible to cryptocurrency newcomers and helps improve public perceptions of its credibility.
Cryptocurrency prices are regulated by various factors, and it is constantly changing. Due to the market volatility, it is certainly not easy to predict the cryptocurrency price. But, there are ample predictions from crypto enthusiasts/ traders or publications, which makes it noteworthy to analyze the past trends and then predict.
Let's check out some of the predictions:
Investing Haven predicts that DASH might reach $1500 by the end of 2018, which looks like a really optimistic prediction as it is almost 10x of what the current price is. They even say that it has the potential to reach as high as $2K, also.
Wallet Investor, on the other hand, gives way more bearish pessimistic forecast, saying that the value of DASH might go down, to as low as $0.000001 by the end of 2018. This is unbelievably low as currently, it is more than $150.
Profit Confidential believes that Dash could surpass bitcoin as the world’s most valuable cryptocurrency for several reasons like lower fees, and having an active and functional community. On the basis of these winning factors, Gaurav believes that Dash coin might be worth as much as $2,500 in 2018.
Forex News Now is a website that is run by Financial Analysts where the author believes that believe that the coin’s scarcity fact that it’s the preferred crypto of the marijuana industry, will help it’s price to continue to trend upward. He predicted that Dash coins would be trading at $1000 in 2018.
DASH provides the users with high security as it has over 4500 servers which are hosted all over the world, that enables you to conduct the transaction instantly, from anywhere around the world. This feature gave DASH an edge over other cryptocurrencies. The launch of DASH evolution has made a huge difference, which is a mobile app designed to be a user-friendly and has scalable digital currency platform perfectly suitable for mass adoption. This will allow any user to set up an account on the blockchain, then eventually add contacts and pay them by name, even make one-click purchases through websites or mobile apps. This is literally a big “evolution” and advancement for the DASH community because of which DASH won’t get affected like other cryptocurrencies. This development enables it to climb up the ladder, which is why we believe DASH might reach around $756 by the end of this year.
Dash community plans to enable a high volume of transactions on devices, and through online transfers simultaneously through a Proof of Service master node model and with the direct assistance of Dash specific hardware chips capable of processing orders of magnitude, which is way faster than general-purpose computing platforms. The hardware project will be spearheaded by Dash’s new scientific and research branch, Dash Labs, led by CTO Andy Freer and Founder & Senior Advisor Evan Duffield. This development will lead to a price valuation which might make it go as much as $756 by the end of 2018- Dash coin price prediction 2018.
Dash’s Masternodes will become more powerful over time, and the incentive model assures that as Dash grows and the need for the sophisticated hardware grows, accordingly providers are paid for their service. Master nodes will provide full access to the blockchain which will reference governance objects and blockchain transactions to perform quorum operations. 2019 might see fluctuations in the beginning, and as it nears the end, the price might surge exponentially and can reach $950 by the end of 2019.
Dash’s hardware ambitions are due for arrival in the year 2020, with plans to put master node hardware on individual chips, allowing each master node to scale to the point where they may occupy their own data center. This will be a great transition point for DASH as it might be ranked upward, and who knows, it might even reach closer to Bitcoin. Hardware requirements for master nodes will gradually increase to power a larger network that services more users with greater functionality. As per the roadmap, DASH is going to announce the creation of a new team to be centered in Hong Kong, called Dash Labs, which will help the digital currency space to remain open and transparent, while reducing the economic advantages of closed-source proprietary technology. By 2020, DASH is predicted to reach $1869, which will be around 10X to the current price.
When you look at the entire potential of this crypto, you might realize that since it's already been syndicated with various payment programs, it can be one of the best options to invest in an off-line, online transaction platform. Also, the company is planning to tie up with more merchants as well as payment processors, which would increase the value of the tokens. This might also help the investors in the cryptocurrency.
One thing is certain that DASH has and will be one of the best in its potential to succeed. By the end of 2023, DASH might reach $2822 as it will be one of the most valuable cryptocurrencies in the world. You can convert DASH to BTC from CoinSwitch at the best rates.
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2019-01-22 09:53:03.396201 | 2 min
2018-12-21 12:02:21.914563 | 2 min