Dash exceeded $800 mark

Dash cryptocurrency set new historic price record
30 November 2017   1458

The DASH cryptocurrency continues to conquer new heights, during the trading session on Wednesday. The price of DASH reached the next historical maximum, breaking the $800 mark.

Dash coinmarketcap 800Coinmarketcap

Marketcap is $6 110 250 221. Nearest competitor is Ripple with $9 391 B marketcap. Over the past 24 hours, the Dash has grown in price by more than 20%, and over the last week it has exceeded 35%.

Dash Charts 800Dash Charts

Recently, Dash has entered into a partnership with KuvaCash to launch a program that is created to solve Zimbabwe’s economic crisis. Although, DASH is available on Wirex platform and other card services.

Biggest amount of Dash is being sold at the Bithumb exchange.

Dash markets 800Dash Markets

It is worth reminding that Bitcoin was steadily rising throughout November 2017, reaching price of $10.000  and then exceeding mark of $11.000 despite its price fall on November 30.

Dash Core Group to Lay Off 8% Staff Including Execs

Remaining employees of the Dash Core Group voluntarily refused wages and bonuses to support the existence of the organization
06 March 2019   337

The software developer of the privacy-oriented cryptocurrency network Dash, the Dash Core Group, was forced to make some difficult financial decisions. So, on March 7, the company fire 8% of the stuff, including the strategic director and director of business development. This is reported by The Block.

Note that the remaining employees of the Dash Core Group voluntarily refused wages and bonuses to support the existence of the organization.

According to CEO Ryan Taylor, cuts will affect only certain parts of the company in order to avoid complete collapse.

The organization’s leadership claims that more than six months ago, a moratorium was imposed on hiring new people, and the spending policy remains conservative.

It is worth adding that Dash is a fork of Litecoin, which appeared in 2014. The company did not conduct an ICO, and the only source of income is 10% of the mining, divided between the miners and masternodes. Thus, the bear market has quite significantly affected the stability of the organization.

Recall that in November 2018, the Dash Text service was launched in Venezuela, which allows you to send transactions via mobile phones using text messages. Then the event had a positive effect on the asset quotes.