The rapidly growing crypto industry has already reached a large number of users all across the world. Bitcoin has remained the leading cryptocurrency, but there are other cryptocurrencies which offer the same features that of Bitcoin.
One of those is Dash, which got its name as a short form of “digital cash”.
But is Dash still worth considering?
Here, we will provide you with the complete details on the future price prediction of Dash (DASH). Let us look into this Dash price prediction in detail now.
|Market cap||$ 2,424,437,539.0000|
|Circulating supply||$ 9,990,442.7367|
|Trading Volume||$ 1,486,367,299.0000|
|All time high||$ 1,493.5900 December 20, 2017|
|All time low||$ 0.2139 February 14, 2014|
What is Dash Coin?
Dash (DASH) is a next-generation cryptocurrency and decentralized autonomous organization (DAO). The cryptocurrency forked from the Bitcoin protocol. The system of master nodes regulates the administration on Dash blockchain. Also, it conserves the security of blockchain and votes on how the funds earned by the Dash treasury are spent.
DASH was launched in 2014 mainly to guarantee the privacy and safety of users. It has earned itself a spot among the top 15 cryptocurrencies in the crypto market and has a daily volume of around $600 million.
DASH Coin Technical Analysis (2014-2019)
During the historic 2017 bull markets, DASH, just like other cryptocurrencies spiked up by more than 8,000%. This gesture grabbed investors attention. Although the price of Dash at the time of launch was just $0.12, within a few months, its price ascended to trade at $12 during August 2016. Eventually, amid 2017 bull markets, Dash saw a huge rise in its price reaching $109 for 1 DASH. With 2017 coming to an end, 1 DASH was sold at $1494.
During 2018, the Dash price decreased from $1300 to $80, also, the market capitalization decreased from $12 BLN to $600 MLN. In April 2019, DASH again saw an uptrend at $133. The Dash community is again gradually developing and reaching large volumes.
In 2017, along with all other coins enjoying their green days, DASH was also experiencing a good uptrend. The coin started the year with just $23 which saw continuous growth the whole year reaching the highest value of $1,508 by the end of 2017.
The top cryptocurrency underwent a lack of volume on exchanges which saw prices crashed below critical points.
Although the Dash coin made a grand entry in 2018 with its price being consistent at $1,036, the Dash coin found it difficult to hold on to it. As days passed by, the price also decreased drastically to $80 by the end of 2018.
Furthermore, as 2019 started the cryptocurrency did not see much fluctuations. It was gradually trading at $100-$170 till date. Although Dash coin has seen so much of ups and downs, the currency has quite good potential to make its way in the top 10’s very soon.
The year 2020 began on a bearish note. As of January 12th, 2020, the cryptocurrency was trading about $35. As the market matured in the middle of the first quarter, Dash spiked by up to 300 % around February to record the All-Time-High (ATH) price of around $132.
A series of short bear markets followed this, collapsing the price down to about 280 percent in Mid-March. Since the price had revived and made a little profits by the end of the first section, in March. The cryptocurrency started to move hands at $75 per unit at the moment.
DASH was trading at $68.12 in early April and further started to surge steadily. The price reached $81.91 at the end of April and $83.34 at the start of May. DASH managed to be in the range between $72 and $80 until the end of July followed by the minor volatility in the market. Later on the price dramatically surged to $96.17 by the beginning of August. At the end of August DASH was trading at $86.27.
As bears held the market DASH’s price began to plunge with the price reaching $65.91 at the start of October. Later on, the price steadily started to surge with inconsiderable fluctuations.
DASH hit the price of $110.72 by the end of November as a part of an expansion of the crypto rally led by Bitcoin. Later on, the token failed to maintain the resistance level and its price dropped to $96.77 in the mid of December. By the end of 2020, DASH managed to trade at $103.22.
Dash Coin Price Prediction 2021
The year 2021 looks very positive for the price of Dash coin. The team is establishing partnerships with payment systems and with small and large businesses. No doubt an easy-to-use cryptocurrency is good, it is more awesome when it is easy to spend.
Dash has established a fast reliable network and works with user experience of the product. These features can help the dash coin gain much higher price of $2,000 per coin.
Dash Price Prediction 2022
DASH might initiate the year with the price of $275.45 in early January and could possibly fluctuate with the price between $241.72 and $263.38 by the mid of January. By the end of 2022 DASH might trade around $402.
Dash Coin 5 Years Prediction
The company is planning to tie up with more merchants as well as payment processors, which would increase the value of the tokens. This might also help the investors in the cryptocurrency.
It is certainly expected that DASH has and will be one of the best in its potential to succeed. By the end of 2025, DASH might reach $435 as it will be one of the most valuable cryptocurrencies in the world.
In the long run, we at Coinpedia expect the DASH will outperform. We foresee the price of the Dash coin might hit a high of $230 by the end of 2021. It might retain the same stability with certain fluctuations for specific periods of time. The price might hit $450 in the next five years, predicting a long-term future for the Dash coin.
Dash Coin Market Prediction
Depending on the fact that crypto market conditions are varying, and private investors have rethought their approach to buying cryptocurrencies, Dash will probably see great success.
- Smartereum: The Dash coin price prediction is quite positive on Dash. As per their prediction, the price of Dash coin will reach up to $5000 in the next 5 years.
- Wallet Investor: Wallet Investor is not expecting much success from Dash. According to them, the DASH coin price by more than 4x & reach $22 by end of 2020.
- CoinPredictor.io: CoinPredictor also predicts that DASH may decrease to $30 per coin.
- Trading Beasts: However, Trading Beasts believe that DASH coin will increase upto $300 in the upcoming year.
As Dash is such a well established and viable cryptocurrency, it is considered a coin that its price may go up significantly
Dash is technically a fork of Litecoin, but Litecoin is a fork of Bitcoin so there are ties between Dash and the original Bitcoin blockchain