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Dash Price Analysis - How Much Might Dash Cost?

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    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?
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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.

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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.

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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.

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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.

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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.

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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.

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The Bitcoin price is on the verge of forming a diamond bottom, which represents two juxtaposed symmetrical triangles. This a major bullish pattern that could be the bellwether of substantial price gains. 

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According to cryptocurrency trader "The Moon," Bitcoin has a 70 percent chance of a bullish breakout if the aforementioned pattern gets confirmed.   

That said, Bitcoin would need a huge buying volume for this scenario to translate into fruition. 

Trading vet Peter Brandt noticed that the XRP/BTC pair was about to complete a diamond bottom. However, Ripple's native token failed to rally even before the much-awaited SWELL event that took place on Nov. 7-Nov. 8.     

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As reported by U.Today, BTC dropped to the low-$8,000 level due to lack of enthusiasm on the buyer's side who failed to step in to reclaim $9,000. At press time, the coin that started it all is changing hands at $8,165 after being rejected at $8,200. 

Given that Bitcoin has trimmed all of its recent gains, market sentiment is now predominantly bearish. It remains to be seen how long it will be able to hold the crucial $8,000 support.      

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Earlier, market analyst Willy Woo claimed that BTC's bearish price action ahead of the halvening event could mean that it might not witness another bull market. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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