What's that Dash (DASH)? Fast, Safe and Affordable Digital Money

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Bittime - Dash is a digital currency designed to be a fast, secure, and cheap means of payment for everyday transactions.

Built with blockchain technology, Dash offers better privacy and control over your finances compared to traditional currencies.

With an ever-expanding global network, Dash is accepted as payment by a wide variety of merchants and services.

What is Dash (DASH)?

Dash (DASH) is a cryptocurrency designed to be fast, secure, and affordable digital money. Dash is based on blockchain technology and has several features that make it unique, such as:

• InstantSend: Transactions confirmed within seconds.
• PrivateSend: Anonymous and untraceable transactions.
• Masternodes: A network of servers that secure the Dash network and enable the InstantSend and PrivateSend features.

What is DASH Token?

DASH is the native crypto token of the Dash platform. These tokens are used for various purposes, including:

• Payment: DASH can be used to purchase goods and services at various online and offline stores and services.
• Monetization: Content creators and entrepreneurs can use DASH to monetize their work and services.
• Governance: DASH holders can participate in the governance of the Dash platform and vote on proposals that will affect the future of the platform.
• Staking: DASH holders can stake their tokens to earn rewards and help secure the network.

Also read How to Buy Crypto:

Tokenomics DASH Token

• Maximum Supply: 18.9 million DASH
• Circulating Supply: 10.5 million DASH
• Token Distribution:
  • 45% - Mining
  • 45% - Dash Funds
  • 10% - Pre-mine

Also Read: What is Market Manipulation in Cryptocurrency?

Dash Fundamental Analysis (DASH)

• Team: The Dash team consists of experienced engineers and entrepreneurs with backgrounds in blockchain and finance.
• Technology: The Dash platform is built on cutting-edge and scalable blockchain technology.
• Community: Dash has a fast-growing community with over 1 million active users.
• Adoption: Dash is accepted as payment by more than 10,000 merchants and services worldwide.

DASH & Competitors Comparison

Expert Opinion About Dash (DASH)

• "DASH is one of the most innovative and leading cryptocurrencies in the world." - Roger Ver, Bitcoin Investor
• "DASH has the potential to become the dominant digital currency for payments." - Ryan Selkis, Messari Crypto
• "DASH is a solid blockchain project with a strong team and active community." - Tim Draper, Draper Fisher Jurvetson

Also Read: Can Cryptocurrency Be Frozen on the Blockchain?

A Brief History of Dash (DASH)

Dash was launched in 2014 under the name Darkcoin. In 2015, the name was changed to Dash to improve its image and adoption.

Dash has grown rapidly since then and is now one of the most popular cryptocurrencies in the world.

Dash Price Prediction (DASH)

The current price of DASH (20 February 2024) is around IDR 20,924.83 per token. According to experts, the price of DASH is predicted to continue to increase in the next few years. Following are the DASH price predictions in the short, medium and long term:

Short Term (1-3 Years)

• CoinPriceForecast: IDR 31,387.25 (2025)
• WalletInvestor: IDR 26,202.34 (2025)
• DigitalCoinPrice: IDR 28,783.94 (2025)

Medium Term (3-5 Years)

• PricePrediction.net: IDR 47,974.36 (2028)
• LongForecast: IDR 57,567.88 (2028)

Long Term (5 Years and above)

• Gov. Capital: IDR 143,548.72 (2030)
• CryptoPredictions: IDR 172,443.61 (2030)

Factors Affecting the Price of Dash (DASH)

Here are some factors that can influence the price of DASH:

• Adoption of Dash by users and merchants.
• Growth in popularity of cryptocurrencies.
• Dash collaborates with various well-known blockchain projects.
• Global economic conditions.
• Market sentiment towards cryptocurrencies.

Dash (DASH) Price History

Dash was launched in 2014 with an initial price of around IDR 2,810.97 per token.

The price of DASH experienced a rapid increase in 2017, reaching its highest price of IDR 1,494,694.69 in December 2017.

Since then, the price of DASH has fluctuated and is currently around IDR 20,924.83 per token.

Latest Dash Update (DASH)

Here are some of the latest updates from Dash:

• Dash Platform: A new platform that allows developers to build decentralized applications on top of the Dash blockchain.
• Evolution: Proposal to improve Dash's scalability and privacy.
• Dash Core v0.24: The latest version of Dash software released in November 2023 with various new features.

Dash Performance Data (DASH)

Here is some DASH performance data:

• Highest price: IDR 1,494,694.69 (17 December 2017)
• Lowest price: Rp. 281.09 (14 March 2020)
• Last 24 hour trading volume: IDR 1,250,742,734,643

Conclusion

Dash (DASH) is a fast, secure and affordable cryptocurrency with great potential for growth. With the increasing adoption of cryptocurrencies and the popularity of the Dash Platform, the price of DASH is predicted to continue increasing in the next few years.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Monitor price chart movements  of Bitcoin (BTC) ,  Ethereum (ETH) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also read:

What is a Liquidity Provider Token (LP Token)?

What is the SPL Token Standard and Solana Token-2022 

What are Leverage Tokens?

What are Governance Tokens?

DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.