0
⭐ Features
2082 views

Dash Price Analysis - How Much Might Dash Cost?

Put your
crypto to
work
  • 0.00

    Interest per week

  • 0.00

    Interest per year

  • 0.0

    Interest rate

Join Now!
Sponsored by Celsius.Network
ByBit
  • Vera Yurina
    ⭐ Features

    Is Dash worth investing in and what will the cryptocurrency be worth in 2018 and following years?

Dash Price Analysis - How Much Might Dash Cost?
Cover image via www.123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Is Dash coin worth investing? How much will Dash coin cost in 2018 and the following years? Read essential information about this cryptocurrency and short and long-term price predictions.

The number of crypto coins popping up on the market is enormous, but only a few of them manage to get to the top. One of the most promising cryptocurrencies is Dash - an innovative coin for offline transactions. “Should I invest in it?” – you might ask. Let’s find out what makes Dash so special, and what is the Dash price prediction 2018 and for a longer term.

What is Dash?

Today, the main deficiency of the crypto market is the gap between offline and online world – some cryptocurrencies cannot be cashed out or used to make transactions in brick-and-mortar stores. Dash has been designed to solve this problem: it allows for instant transactions while being completely private. Besides, it ensures absolute security thanks to distributing data over 4,500 servers located all over the globe. The transaction verification time is also optimal, so you don’t have to wait for eternity until your transaction gets processed.

Since the moment of Dash introduction, Dash coin price prediction 2017 was justified. Mostly, due to its technological superiority over Bitcoin and other altcoins. Just look at this comparison table:

Bitcoin

Dash

Block time– 10 min.

Block time– 2.5 min.

Max. supply– 21 mln

Max. supply– 21 mln

No privacy ensured

A high level of privacy

No instant sending

instant sending is included

No Masternodes

Masternodes are included

Dash price prediction 2017 and its performance

Dash coin was introduced in 2014, but until 2017, its cost didn’t exceed $15. In Spring 2017, the world has witnessed a quick ascension of this coin: it reached the threshold of $250, and by the end of the year cost $1,500. Just like other cryptocurrencies, Dash lost in price within the first half of 2018, and in July 2018, it’s average price is around $220.

👉MUST READ

Cryptocurrency Transaction Speed as of 2019

Cryptocurrency Transaction Speed as of 2019

Dash coin price prediction 2018

In fact, the Dash prediction 2018 made in January, when all cryptocurrencies used to be on their peak, hasn’t been justified – the coin started falling. Therefore, forecasts like $1,500-2,000 by the end of 2018 do not seem realistic anymore. However, a realistic Dash 2018 prediction based on technological analysis seems to becoming reality: WalletInvestor predicts it’ll be $627 within one year (which can be true considering technological advantages), while longforecast.com shows such digits as $136 only in December 2018 (the cost can fall down because of general market situation).

Anyway, those who plan to invest should mind that Dash 2018 price prediction isn’t as bright long-term, so you shouldn't expect a quick and easy return of your funds.

Dash price prediction 2020

As for long-term Dash price prediction, opinions differ, but only concerning the exact cost of the coin. According to the humblest prognoses, it can be $451 in 2020, while Google’s forecast is $1,280. To reach such heights, the Dash team should work hard on improvements and promote this cryptocurrency by finding partners and investors. According to longforecast, Dash price won’t change much within five years – it will experience a serious surge in 2019 and get back to the price of $250-400 without exceeding it.

👉MUST READ

Top 10 Most Profitable Cryptocurrencies of All Times

Top 10 Most Profitable Cryptocurrencies of All Times

What can influence Dash coin prediction?

When it comes to crypto coin price prediction, Dash has one of the most positive prognosis due to its unique features:

  • Its structure is a Decentralized Anonymous Organization (DAO), which means it is being developed and supported by both volunteer members and official developers using decentralized governance. 10 percent from even mined block goes as a reward to the treasury.

  • Dash is created in C++ language, which also means it’s being elaborated by skilled programmers.

  • Dash ecosystem is created so that mining and governance are performed separately: miners handle the blocks, while Masternodes are responsible for the governance and provision of services.

  • Instantsend– the technology for faster execution of transactions with a lower fee than other currencies. As far as Dash is a hard fork of Litecoin, it has a quicker confirmation time and a better scalability.

  • Privatesend - the feature allowing users to make anonymous transactions that cannot be traced, in comparison with public transactions made on Blockchain Network. As we remember, anonymity was the feature that made Monero and ZCash prices soar, as well as Ethereum’s. Therefore, Dash coin price prediction is also positive thanks to Privatesend.

Bottom line

Although Dash is a promising platform and a valuable coin if you decide to invest in it, keep your hands at your pulse – Dash price can change dramatically due to various factors influencing the market. Dash needs to add more differentiating features to withstand the competition with altcoins representing Blockchain of third and fourth generations.

Only the most important posts per day. Infographics, analytics, reviews & summaries. Follow us on Facebook!

About the author

Crypto writer, blockchain geek & Bitcoin holder with a strong belief in the power of cryptocurrency. Veronika combines in-depth analytical approach with creative writing to deliver the texts that both inform and entertain. With hundreds of reviews, SEO articles and marketing texts under the belt, she has experience of working for blockchain Medium channels, Cryptodiffer site and ICOs. Part of U.Today team since 2018, she focuses on crypto price predictions and monitors the market to provide the most relevant info & opinions.

TOP TRADING BOTSPromoted
Recommended articles
CLOUD MININGPromoted
0
📰 News
636 views

XRP Price Likely to Hit $0.56 in Early December, Crypto Trader Says

Put your
crypto to
work
  • 0.00

    Interest per week

  • 0.00

    Interest per year

  • 0.0

    Interest rate

Join Now!
Sponsored by Celsius.Network
ByBit
  • Yuri Molchan
    📰 News

    A crypto trader analyses a crucial fractal on the chart, saying that a possible outcome could be $0.56 for 1 XRP by early December

XRP Price Likely to Hit $0.56 in Early December, Crypto Trader Says
Cover image via 123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Despite the active expansion of the Ripple ecosystem and signing up over 300 new customers on RippleNet this year, the XRP price remains below $0.3.

At press-time, XRP is declining by 2.85 percent and is exchanging hands at $0.24.

XRP price CMC
Image via CoinMarketCap

A win-or-bust XRP forecast

The community has been eager for the price to surge throughout 2019. On Wednesday, U.Today published a story with bullish forecasts regarding the price.

Today, a crypto trader @TheCryptHawk has shared a chart on his Twitter page. It shows a possibility of XRP surging to $0.56 in early December if the fractal depicted on the chart in in play.

If not, the trader says, the price may collapse to $0.17-$0.18 and then – down to $0.12.

👉MUST READ

Justin Sun Announces 2 Mln USDT-Tron Giveaway on OKEx Exchange

Justin Sun Announces 2 Mln USDT-Tron Giveaway on OKEx Exchange

XRP below the $0.25 support

A short while ago, XRP dropped below the $0.25 support level, where the coin had not been in several months. This is happening despite the recent Swell conference, which was expected to push the coin’s price way upward.

The community was expecting a bull run, since last year in November, as many believe, Swell triggered it. As a result, in January 2018 XRP hit its all-time high of over nearly $4.

This year, the loyal XRP community expects a bull run every now and then but all those expectations are in vain so far. This seems strange to many, since Ripple has indeed expanded its network significantly and provided a lot of actual utility cases for XRP.

Optimists are buying on the dip while the price is low (same as many doing when the Bitcoin price drops), hoping to reap their profits later on when XRP skyrockets.

 

The fastest way to get crypto news is to follow our Twitter. You won’t miss a thing! Subscribe.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

TOP TRADING BOTSPromoted
Recommended articles
CLOUD MININGPromoted