Dash reaches all-time high

Dash coin shows rapid growth, rising by 28,81% within past 24 hours and by 59,33% within past 7 days
13 November   447

Dash, a cryptocurrency which currently takes 5th place among 10 top coins and has a market capitalisation of $3,3 billion, reached all-time high price of $521,55 at 0:19 UTC on November 13. Why did the coin show such an unexpected rise?

Dash Coin Charts November 2017Dash Charts

It seems like investors and traders are getting tired of the Bitcoin and Bitcoin Cash instability, and tend to turn their attention to other altcoins which seem more suitable. Judging by charts, it appears that they turn to Dash. The coin was hovering around the $289 mark on November 8, but has leapt almost %55 to $521 in the wake of the Bitcoin war.

What might have also lead to such a growth of coin price is that on November 8, cryptocurrency Dash has announced launch of a new software upgrade Dash Core 12.2 that aims at reducing its transaction fees to near zero. Moreover, it will double its network capacity. Regular Dash transactions will now cost less than a cent, and their InstantSend transactions will be reduced to 2.8 cents each, which is 215 times cheaper than Bitcoin transactions, which have a cost of about $6. On November 11, Dash Core 12.2.1 update was released. 

DASH Partners With Mobile, Advertising and Payment Firms

DASH has announced three new partnerships: with online payment processor GoCoin, online social advertising firm Strike Social, and mobile topup company Piiko
19 January   142

On January 18 digital cryptocurrency Dash has made an announcement about three new important partnerships: with GoCoin, Strike Social and Piiko companies.

The integration of Dash and GoCoin is aimed at maintaining sales of mainstream products and services within Dash cryptocurrency as GoCoin is the online payments processor which manages cryptopayments for online businesses including integrations into online processors such as WooCommerce.

We are working with Dash because we have a high degree of confidence in the Dash team and are fans of the mining reward formula to support not just the miners, but also the healthy ecosystem of service providers. We look at Dash as one of the best and upcoming transactional coins.
 

Margot Ritcher

CEO, GoCoin

At the moment of press, these are main market parameters of Dash:

  • Average price: $862,11
  • Marketcap: $6 747 730 003
  • 24h volume: $162 270 000