Among the variety of different crypto assets available in the market, those having technological content and benefits, facilitating processes in the crypto and real sector, are especially highly evaluated. In this article, we would like to talk about one such project bridging real life and blockchain – Dash cryptocurrency.
Initially, this project got the name Xcoin in 2015 and was renamed Dash. The project’s whitepaper claims its focus is on users’ privacy and decentralisation.
Here are some facts about the Dash project:
- It is an open-source product that provides a decentralised way of payment transfers globally.
- The platform is governed by a group of users called masternodes.
- dash cryptocurrency acts as a middle layer for currency conversion and transfer.
- It enables fast and cheap payment transfers worldwide.
- Dash is compitable with cash, PayPal, and bank cards.
The Dash project already has many use cases and partners.
Dash Cryptocurrency Price
As of October 2022, the DASH USDT pair is traded at $39.7. The Dash cryptocurrency has lived a significant drop during the last 12 months, together with the entire market that collapses in spring 2022. However, the project has a wide application scope and good prospects for the future.
Experts have made a Dash crypto price prediction, concluding that the Dash crypto price would reach $65 by the end of the year and even $93 in 2023. Everything is possible, considering that the market trend may change for a bullish and drive asset rates up.
We should keep track of the Dash crypto price fluctuations and do a tech analysis of this asset in order to understand the next price movement and have a clear picture of the point of investing in it. For more information on the Dash project, go to the WhiteBIT Blog, where you will find many interesting articles, reviews and guides on investment.
Also Read: Tips For Investing In Cryptocurrency