![]() ![]() ![]() Dash rallied again in April, reaching a high of $381.95 before going into decline. Prices then surged from $88 in January 2021 to $327.33 in February - representing growth of some 270% in the opening 5 weeks of the year. Whilst Dash has failed to recover anything close to its highest price, the altcoin performed well in 2019 and much of 2020, with prices increasing steadily before the market upswing hit in December. Before the year was out the price of DASH had tanked to around $62, representing significant losses on the period a year earlier. ![]() Unfortunately, when the Bitcoin bubble burst in early 2018, so did Dash’s impressive price run. Prices continued to creep up and the token had broken $10 by the end of December.ĭash was then on a protracted upswing for much of 2017, reaching $393.46 by May before recording its all-time high of $1,493.59 in December. Having started the year at just $3.28, DASH reached $8.10 by May - representing growth of almost 150%. Then, in 2016, Dash started to climb fairly steadily. However, despite this initial success, the price of Dash quickly dipped back under $3.00 and remained fairly subdued for the next year or so, rarely creeping above that barrier. Read More: A Beginner’s Guide To Dash and Tips Before Investing In It Looking at Dash’s Price Historyĭash reached parity with the US dollar within a few months of having launched in 2014, then by May of that year it had surged to over $15 per token as investors saw promise in Dash’s suitability as a genuinely anonymous payment method. Effectively, the three users are merged into a single unit of senders, with no way of knowing who sent what to whom. It does this by making use of PrivateSend - a mixing technique that uses at least three parties in each transaction. In addition to being much quicker than many of its predecessors, Dash is also known for protecting the anonymity of users on the network. Proof-of-stake not only allows Dash to process transactions at a much faster rate than its predecessor but it is also less resource-intensive, which in turn make it a much more suitable medium for everyday transactions than the costly and power-hungry Bitcoin blockchain. Instead, Dash uses the X11 algorithm - which relies on a proof-of-stake (PoS) mechanism. Most notably, it moved away from the proof-of-work consensus mechanism that had caused BTC to become so bogged down with network delays and soaring transaction costs. However, Dash made several advancements on the original Bitcoin source code. Naturally, this means it owes much of its architecture to the original cryptocurrency and co-founders Evan Duffield and Daniel Diaz unashamedly intended to build upon Satoshi Nakamoto’s original whitepaper with what they described as “the first privacy-centric cryptographic currency”. Looking Further Ahead: Dash Price Predictions for 2030Īs we’ve mentioned above, Dash was actually formed as an offshoot of Bitcoin back in 2014.What's Next: Dash Price Predictions for 2025.In doing so, we can build a much better idea of whether Dash is a worthy addition to a balanced investment portfolio. So is Dash going to be a cryptocurrency to watch over the next few years? In the following article, we’ll look into Dash price predictions for 20, as well as considering Dash’s mission statement and its underlying technology. It therefore stands to reason that a cryptocurrency that promises to completely anonymise transactions could well surge in popularity in the near future. It’s fair to say that Dash has some pedigree too, being formed as a result of a Bitcoin fork back in 2014 with developers seeking to fix problems with the existing Bitcoin network - namely scalability - as well as increase security and privacy for users.ĭash is aimed at everyday consumers - consumers who are increasingly concerned about privacy in the age of identity theft and digital fraud. However, the altcoin saw significant signs of recovery in the first few months of 2021. Dash once traded at over $1,200 per token but has suffered from diminished fortunes in recent years. ![]()
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