Dash coin price prediction

What is Dash (DASH)?

Dash is a cryptocurrency and blockchain that offers users a high level of privacy and security. Initially, the Dash coin was not created to serve as an independent cryptocurrency. Instead, the Dash coin was created to serve as a substitute for BItcoin. Similarly, Dash coin was designed with security features that surpassed the security features of Bitcoin.

Dash is a digital currency created and developed by Evan Duffield. Evan began work on the Dash project in 2014. However, Duffield officially launched this project in 2015 on the Dash Core DAO.

At its launch, Dash was called XCoin. Shortly after, the coin was renamed and became DarkCoin. However, after some time, Duffield decided to change the name of the coin to Dash. The name Dash was coined from the phrase Digital Cash which happens to be the full name of this digital asset.

True to the principles of decentralization, the Dash coin has no central regulator. Also, the Dash coin was designed to create equality among users. As a result, the coin does not have an elaborate mining capacity. However, the process of mining Dash is much faster than mining Bitcoin.

The story of the Dash blockchain and cryptocurrency can not be told without referring to its history with Bitcoin. The coin's developer Evan Duffield initially wanted to make modifications to solve some of Bitcoin's problems. However, his plans were met with strong disapproval from the Bitcoin community.

The disapproval made him change his objective, and he set out to create a new digital asset that would compete with Bitcoin. Similarly, he wanted to create and develop a coin without the limitations or problems that Bitcoin had.

The Dash Coin is a hard fork of LiteCoin and LiteCoin is a hard fork of Bitcoin. There are many differences between the Dash ecosystem and the Bitcoin ecosystem. A significant difference between them is the mining time. The average mining time on the Bitcoin blockchain is ten minutes per block, while Dash's average mining time is 2.5 minutes per block.

The Dash blockchain makes use of the X11 algorithm. Similarly, this blockchain uses the Conjoin to scramble transactions on its network. As a result, there is a significant increase in the privacy of users. A subgroup of users called master nodes runs the transactions on this blockchain. The master nodes on the blockchain reduce the wait time by simplifying and validating transactions.

To become a master node, users of the Dash platform must have more than 1,000 coins in their Dash account. Masternodes are given rewards from the Dash mining process. However, the value of these rewards is dependent on the number of masternodes and the number of miners.

The Governance model adopted by the Dash coin is unique and innovative. The first of its kind, the Dash ecosystem, uses a self-funding model by dividing block rewards between three key parties. The three parties are masternodes, miners, and treasury.

The masternodes and miners are given a 45% share of the block rewards. While 10% block rewards are kept in a treasury. The funds in the treasury are used for financing new development projects for the Dash coin ecosystem. The masternodes on the Dash blockchain are included in the decision making process for future development projects. As a result, their votes can affect the direction of projects operated by th Dash network.

The Dash project has a cryptocurrency and payment platform accessible to all who use the Dash network. The Dash network allows users to make suggestions and take part in different initiatives on this platform. The Dash network fully implements a decentralized autonomous organization (DAO) on its platform.

The Dash coin was introduced to Venezuela in 2018 and was accepted due to the rapid drop in Venezuelan currency. According to Ryan Taylor, CEO of Dash, the general acceptance of cryptocurrencies in Venezuela is down to the cheap and fast transactions it offers.

The Dash project has provided research funding for the blockchain research lab at Arizona State University (ASU). According to Investopedia.com, the research's objective is "designed to accelerate research, development, and education in ways that advance blockchain transaction speed, efficiency, security, and expand its uses." The research funding for the Arizona State University (ASU) also provides scholarships for university students.

DASH Price Chart

Source: CoinMarketCap

Market Prediction for DASH Price 2021

Since the end of 2020, there has been an increase in the value of many cryptocurrencies. The Dash coin has also seen a significant price rise.

At the end of 2020, the market capitalization of $985,902,608, while the fully diluted market capitalization is $1,921,941,000. The coin's Relative strength index was above 50 at the end of 2020. Similarly, at the end of the year, the Dash coin price was $101.69. The coin is currently ranked 46 on the Coinmarketcap official website and presently on On 133,320 watchlists.

From March to December 2020, the Dash coin price found support at $46 and resistance at $86. However, with the turn of the year 2021, the Dash coin price reached an all-time high of $271.35.

When writing this article, the Dash current price is $278. Also, the market capitalization of $2,799,788,777, while the fully diluted market capitalization is $5,260,557,426.

As earlier stated, there are 10,069,355 Dash coins currently in circulation. However, the total maximum supply for the Dash coin is capped at 18,900,000 Dash coins. Currently, the Dash coin is traded on over 250 crypto exchanges.

Dash Predictions for 2021

There has been a lot of Dash price predictions by experts and investors in the crypto space. Some experts and investors expect the Dash value to increase significantly during the year. Others expect a drop in Dash value at the end of the year. Let us review some of Dash's price predictions for 2021.

Wallet Investor Dash Price Prediction 2021

Wallet Investor, a company that provides technical forecasts for cryptocurrencies, made Dash predictions in 2020. The forecast stated that Dash price would hit the $200 resistance point around January-February. However, in terms of growth in the long term, the forecast expected a drop in Dash value from its current price. At that time, the Dash current price will likely drop from $269 to $39.704.

This forecasting platform has provided an updated forecast on the Dash coin price. The new Dash prediction expects the Dash price to reach $462.

Similarly, the platform predicted that the Dash value would drop during the middle of the year. It is expected that the yearly dip will affect the Dash value, with Dash current price dropping from $269 to $179.

Long Forecast Dash Price Prediction 2021

In its projection about the Dash coin's price, Long Forecast, a crypto forecast platform, gave an optimistic forecast. However, this forecast is a short-term forecast and focuses only on the coin's expected performance for the year 2020.

The platform projected that the Dash coin price will experience steady growth throughout 2020. The projection expects that the Dash coin will reach a peak price of $308 by November 2020.

Previsioni Bitcoin Dash Price Prediction 2021

This Italian crypto platform gave some positive Dash news to investors looking into the Dash project. Using a special algorithm, Previsioni Bitcoin predicts the Dash coin Price will reach $700.

Previsioni Bitcoin still expects more growth in the Dash coin price. Its updated forecast about the Dash coin's development, the platform expects that the dash coin price will reach $638. These projections will see a staggering growth in the value of Dash coin price during 2020.

Trading Beasts Dash Price Prediction 2021

In its forecast on Dash price, Trading Beasts expect the Dash coin price to drop to $182.995 by April 2021. The forecast predicts the maximum coin price of $230.176 and a minimum coin price of $156.520. Similarly, the expected Dash price at the end of April 2021 is $184.141.

The forecast then projects an increase in price by the third quarter of 2021. The value of a Dash coin should rise to $190.194. During the third quarter, the minimum coin price is $163.315. Likewise, the maximum coin price is $240.169. Furthermore, the Dash price prediction at the end of the third quarter the Dash coin price should reach $192.135.

Coinswitch Dash Price Prediction 2021

Crypto experts at Coinswitch expect an increase in the value of the Dash coin by 2021. The prediction is based on the security features and privacy offered by the Dash coin. Also, these predictions are based on some positive dash news. The positive news included the launch of the Dash Evolution mobile app in 2017.

Dash evolution was created to be user friendly and offers users the chance to register directly on the Dash blockchain. Similarly, the app provided options for users to add contacts and transfer funds to them by name. in expectatation of other positive Dash news, Coinswitch gave a positive forecast.

By their estimation, the Dash coin price should reach $950 by the end of 2021. Coinswitch expects sustained growth in the long term and projects an all-time high of $2822 by 2025.

Dash Price Predictions for 2021

We expect steady growth for Dash price USD. This expectation is based on the security, privacy, and decentralization of the Dash coin. These features provided by the Dash project make it a perfect coin for handling anonymous and private transactions. Currently ranked 46 on the Coinmarketcap website, the Dash coin offers excellent investment opportunities for likely investors.

Similarly, the team behind the Dash project is working towards creating partnerships with small and large businesses. These partnerships will see an increase in the adoption of the Dash coin as a means of payment. Such alliances will lead to growth for Dash price USD.

Similarly, there are many new projects been developed by developers for the Dash project. An example is the Dash pay wallet. Positive Dash news like this and a host of other projects with practical applications should increase the value of the Dash coin price.

DASH Price Prediction 2025

The volatile nature of cryptocurrencies means that positive Dash news will increase the Dash coin price value. However, negative Dash news will affect the Dash coin price.

A positive sign for Dash and cryptocurrencies is that many payment platforms are now incorporating digital assets into their payment platform. Similarly, many new investors are looking to increase their investments in cryptocurrencies. Since the Dash coin is a solid project with a practical use case, we expect a surge in the Dash price USD by the end of 2025.

Similar to Bitcoin, there is a limited supply of Dash coins available for users. As a result, the demand and supply principles should also increase the Dash price USD's value by the end of 2025.

A piece of negative news that may affect the Dash price USD could be government laws against private coins like Dash. Due to the Dash coin's security and privacy features, it can carry out illegal activities. Therefore, we may see increased sanctions by governments and privacy coins. Such actions could lead to a dip in the value of Dash price USD.

Verdict on Dash Price Prediction

Barring any significant negative Dash news, we expect that the Dash coin price continues to see steady growth. There has been a gradual increase in price since 2020, and we expect a continuous rise.

There are many applications for the Dash coin, and increased partnerships and more users will increase this digital asset's value.

How to Buy Dash

There are many crypto exchanges where users can buy cryptocurrencies. however, Atomic Wallet offers one of the most secure and decentralized cryptocurrency wallets to its users.

Apart from offering a secure wallet, Atomic Wallet allows users to store and buy a wide variety of cryptocurrencies. Also, users are allowed to stake, earn, and exchange crypto assets on the Atomic Wallet Platform. The wallet can store over 500 crypto assets. Similarly, users are allowed to purchase cryptocurrencies using their debit cards.

To buy the Dash coin on the Atomic Wallet platform, visit the Atomic Wallet official website and click on the Buy Crypto tab on the Homepage. A drop-down menu will be displayed. Click on the Buy Bitcoin icon in the drop-down menu to access the Buy Crypto page.

On the buy crypto page, search for the Dash coin by clicking on the second column's drop-down icon. Please search for the Dash coin ticker and click on it. Input the value of Dash coin you want to buy in the first column on the buy crypto page. There is a drop-down button that allows users to select their preferred fiat currency. To complete our purchase, click on the white BUY NOW button.

You can also buy the Dash coin on the Atomic Wallet mobile application. To do this, open the Atomic Wallet mobile app. At the button of the mobile app, you will find a Buy icon. Click on the Buy icon to move into the Buy page,

Select the Dash coin by clicking on the drop-down button in the second column. Please search for the Dash coin and click on it. Input the amount of Dash coin you want to buy in the first column on the buy crypto page. There is a drop-down button that allows users to select their preferred fiat currency. Click on the blue continue button to complete your purchase.

How to Exchange Dash

One of the services available for users on the Atomic Wallet is exchanging cryptocurrencies. The exchange process is secure, easy, and fast. Similarly, users will find that they can exchange a wide range of crypto assets on this platform.

All crypto exchanges on this platform are done at the best rates. However, there are swapping fees attached to the exchange process. When compared to many other crypto exchanges, the swapping fees on the atomic wallet platform is cheap and fair. Atomic Wallet users are expected to safely store their mnemonic phrases to prevent the theft of their digital assets.

You can exchange Dash for a large variety of cryptocurrencies on the Atomic Wallet app. To carry out an exchange on the app, users must have a mobile app. Open your Atomic wallet app and click on the Exchange icon at the button of the reels to move into the Exchange page.

The exchange page allows users to send the Dash coin to receive other cryptocurrencies. likewise, the page allows users to send other cryptocurrencies and receive the Dash coin. Kindly select our preferred option and click on the Exchange button.

Disclaimer

This article on Dash price prediction is meant to serve as an investment or a trading recommendation. Cryptocurrencies are volatile currencies, that experience huge fluctuations in price and value. We expect all readers to carry out thorough research before investing in any digital assets.