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Dash News - Dash to Be Accepted at Vegetarian Restaurant in Thailand

  • Alex Morris
    📰 News

    After a failed partnership with KFC, Dash continues expanding its merchant adoption around the globe

Dash to Be Accepted at Vegetarian Restaurant in Thailand
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Dash acceptance is growing worldwide with Thailand being the latest destination. In a recent Facebook post, Dash Embassy Thailand revealed that DASH, the 15th biggest currency, is going to be accepted at a vegan restaurant in Bangkok.

Vegan Dashers, rejoice!

As the New Year ball is about to drop, some people may wish to eat healthier. Dash Embassy Thailand is translating this wish into a reality by offering a double-whammy of a healthy diet and growing cryptocurrency acceptance. BarefoodBangkok is set to become the first vegan restaurant in Thailand to add the currency. The members of the Dash community will soon be able to enjoy vegan nut-based cheeses and beef-mimicking burgers.

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Fake news?

Getting another merchant on board is important for the global adoption of the DASH cryptocurrency. However, the burgeoning crypto startup was recently subjected to some negative coverage in the media after fast-food behemoth KFC Venezuela denied the numerous reports about accepting Dash payments.

On Dec. 9, U.Today reported about Dash celebrating the embracement of the top altcoin by KFC Venezuela. Later, however, Dash Merchant – Venezuela had to issue an apology after Antonio Sampayo, the CEO of KFC Venezuela, stated that they were not going to accept Dash payments.

The acceptance is growing

Hopefully, vegan Dashers will be able to get their nut-cheeses instead of reading an apology! As of now, more than 4,000 merchants around the globe accept Dash payments. In November, the crypto startup scored a major partnership with payment processing provider ePaymints, which is expected to further expand its adoption (it processes payments in 180 countries).

Speaking of more recent news, crypto-oriented payment processor AtomicPay rolled out a WooCommerce plugin for online stores that supports Dash along with other major coins.  

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Dash News - Zcash (ZEC), Litecoin (LTC), and Dash (DASH) Had Biggest One-Year Increase in Circulating Supply

  • Alex Morris
    📊‍ Infographics

    Circulating supply is one of the main factors one should consider before investing in a certain cryptocurrency

Zcash (ZEC), Litecoin (LTC), and Dash (DASH) Had Biggest One-Year Increase in Circulating Supply
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New DataLight study reveals what cryptocurrencies had the biggest one-year change in the total number of coins. Zcash (ZEC) leads the pack with a whopping 80.31 percent increase.

Zcash is in the lead

At press time, the total circulation supply of ZEC currently stands at 5.8 mln. For comparison, it had only  3.2 mln coins at the same point in 2018. Still, even with the above-mentioned increase, that’s a very low coin supply, and one of the leading privacy coins has plenty of room for growth.

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Just like Bitcoin (BTC), ZEC has a fixed circulating supply of 21 mln. BTC, the world’s flagship cryptocurrency, saw its number of coins grow by 4 percent. Bitcoin’s circulating supply exceeded 17 mln back in April 2018.

Meanwhile, Monero (XMR), the main competitor of Zcash in the privacy coin niche, is expected to have 18.4 mln coins in circulation by 2022. With a 6.85 percent yearly increase, there is currently 16.7 mln XMR.

Less is more in the world of crypto

Litecoin (LTC) and Dash (DASH) are in second and third places with their circulating supply growing by 9.52 percent and 9.49 percent respectively. Tron (TRX), for comparison, only witnessed a 1.4 percent gain, but it already has the biggest coin supply on the list with 66 bln TRX.

A small circulating supply creates more demand, which is why the likes of Bitcoin and Zcash can be considered scarce assets. Subsequently, many investors are shooed away by cryptocurrencies with mammoth-size supply, but the coin’s market cap is the only thing that matters in the end.  

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