DASH price has grown up to $ 752

The price of DASH for the first time exceeded $ 700
29 November 2017   1641

At the peak, the average weighted coin rate, according to Coinmarketcap, was $ 752.18. During the last 24 hours, the Crypto currency has grown by more than 20%, and over the last week this figure has exceeded 35%.

This is not the first price achievement of DASH this month. So, on November 12, the price of DASH's crypto currency rose above $ 450, and on November 22, a threshold of $ 570 was taken.

The market capitalization of crypto currency at the time of publication was estimated at $ 5.8 billion, which allowed it to rise to the fifth place in the Coinmarketcap rating, leaving Bitcoin Gold and Litecoin behind.

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   237

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 fireĀ 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 organizationā€™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.