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 2017   1781

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. 

Coinbase to Consider New Assets Listing

Algorand, Cosmos, Dash, Decred, Matic, Harmony, Ontology and Waves are being considered as possible candidates for including on the trading platform
06 August 2019   122

Coinbase, the largest US cryptocurrency company, is considering listing new digital assets on its platform.

Among the applicants for listing, tokens of the following projects are: Algorand, Cosmos, Dash, Decred, Matic, Harmony, Ontology and Waves.

So, Coinbase expects over time to provide users with access to 90% of the total cryptocurrency market capitalization.

However, company representatives emphasized that legal compliance issues in a number of jurisdictions could seriously affect plans to add these assets.

Tezos (XTZ) was the last in the listing of the site, after which its price immediately increased by almost 30%.

Recently Coinbase CEO Brian Armstrong said his company is committed to creating an open financial system and forcing “100 million people to start using cryptocurrencies.”