Cryptocurrency Price Prediction

Dash Price Prediction 2022: Will The DASH Price Go Up This Year?

Written by: Elena R

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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Jul 15, 2022

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The fast-paced crypto industry has already reached a notable number of users from around the globe. While Bitcoin has been the leading cryptocurrency. There are other cryptocurrencies that offer the same features as that of Bitcoin. Whilst doing things in a much progressive manner.

One of those is Dash, which got its name as a short form of “digital cash”. Dash was initially named as XCoin, which was then rebranded to Darkcoin. And then finally settled with Dash in March of 2015. The network aims to build decentralized applications and boasts its native asset DASH. Which focuses on being one of the finest modes of payment. 

Ravencoin

$0.04

green-dropdown 4.388%

Monero

$149.20

green-dropdown 1.982%

Elrond

$55.31

green-dropdown 1.654%

XRP

$0.49

green-dropdown 0.962%

Ethereum Classic

$27.84

green-dropdown 0.76%

Uniswap

$6.87

green-dropdown 0.733%

Cosmos

$13.02

red-dropdown 0.077 %

IoTeX

$0.03

red-dropdown 0.14 %

Maker

$844.00

red-dropdown 0.357 %

Stellar

$0.12

red-dropdown 0.505 %

TRON

$0.06

red-dropdown 0.529 %

Uniswap

$6.87

red-dropdown 0.733 %

Ethereum Classic

$27.84

red-dropdown 0.76 %

XRP

$0.49

red-dropdown 0.962 %

Elrond

$55.31

red-dropdown 1.654 %

Monero

$149.20

red-dropdown 1.982 %

DASH price boasts a praiseworthy projection since its inception. The ROI of the altcoin is an astounding, 20594.16%. Are you considering investing in DASH for higher yields? Look no further, as we bring to you the plausible DASH price prediction for 2022 and beyond!

Overview

CryptocurrencyDash
TokenDASH
Price$ 42.0600
Market cap$ 0.0000
 Circulating supply 0.0000
Trading Volume$ 0.0000
All time high$ 0.0000 Jan 1, 1970
All time low$ 0.0000 Jan 1, 1970

Dash Price Prediction

YearPotential LowAverage PricePotential High
2022$49.2$58.3$68.5
2023$62.49$88.8$115.2
2024$100.5$139.4$185.7
2025$151.43$213.8$275.78

Dash (DASH) Price Prediction For 2022 

DASH’s price had commenced its trade for 2022, with its price at $134.6. Over the first week, the price took a jump down to $117.5. While the price escalated to $157.1, by the 9th of January. Turbulence in the crypto industry, dragged the price down to $84.8, by the 22nd of January. After ranging sideways until the 4th of February, the DASH price portrayed a short-term rebound to $119.1, by the 8th of February.

However, torments in the business resulting from the geopolitical tussle between Russia and Ukraine, and anxiety about FED’s rate hike. This paved the way for a downswing, which pushed the price to $86.4. Ranging sideways, a leg-up seen on the 20th  of March, led to the quarter’s closure at $136.8

The second quarter was commenced with a price tag of $131. Moving forward, aggravating situations in the market led to a downswing to $39.8 by the 30th of June. 

Price Forecast Of DASH For Q3

Successful implementation of upgrades such as Dash core v0.18 and the Dash platform v0.23 testnet could be imperative for DASH. Moreover, Dash core v0.19, with the implementation of BLS v1.0 and bitcoin backporting, amongst others make Q3 a vital quarter. On the other hand, Dash platform v1.0 would also see the first rollout to mainnet in Q3. 

Wherefore, the price could claim a potential high of $54.6, by the end of the quarter. That said, linear propulsion of price could land the trading value at $48.01. Conversely, failing to stick to its roadmap could result in liquidations, which could take the price to $41.9

Dash Price Prediction For Q4 

The growing userbase of the protocol coupled with an optimistic approach toward the fourth quarter could push the price to $68.5. On the other hand, bears outweighing the bulls could result in a slide down to $49.2. Collectively, factoring in the buying and selling pressures, the average price could settle at $58.3

DASH Price Forecast For 2023

DASH holds the potential to rise and shine in the long term as it holds good future perspectives. It might focus on strengthening the user base as well the investors. Wherefore, DASH might end the year 2023 at an elite price of $115.2. On the downside, bearish trends could bring the price down to $62.49. That said, constrained by a linear momentum, the regular price could find a base at $88.8

Dash Price Prediction For 2024

DASH remains to be an apple of the holder’s eyes, the count of these diamond hands is an astonishing 1.19 M addresses. Who collectively hold over 6.53 M DASH. This gives it the resistance against massive downswings. 

On a positive note, the altcoin’s price could surge to a maximum of $185.7 by the end of 2024. Conversely, the price of DASH could bog down to the lows of $100.5. That said, considering the bullish and bearish targets the regular price could land at $139.4

Price Prediction Of Dash For 2025 

The community 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 cryptocurrency. By the end of 2025, DASH might reach $275.78 as it could be one of the valuable cryptocurrencies. 

On the flip side, emerging rivals and stiffer competition could slash the price down to $151.43. Concluding, the lack of stimulating events could leave the price at $213.8

What Does The Market Say?

Wallet Investor:

As per the revised DASH price prediction by Wallet Investor. DASH price is forecasted to hit a maximum price of $319.12, by the end of 2022. Wallet Investor anticipates the token to trade at a maximum price of $390.068, by the end of 2023. The analysts from the firm, expect the altcoin to close trades for 2025 with a pricier tag of $720.015.

Digital Coin Price:

According to Digital Coin Price, DASH will soar to reach a price close to $60.81 by the end of 2022. The forecast expects the price to close the trade for 2023 and 2025 at maximum levels of $70 and $95.53

Gov.Capital:

Gov. capital has updated its Dash price prediction. It now expects the digital coin to hit a maximum of $50.0715 by the end of 2022. On the contrary, it believes, that trend reversals in the market would plummet the price to $37.485. And with average buy and sell pressures it would end up trading at $44.1 by the end of 2022. 

To read our price prediction of IoTeX (IOTX) click here!

What Is Dash? 

Dash is an open-source blockchain and cryptocurrency. Which thrives to enable a fast, cost-efficient, global payments ecosystem that is fully decentralized in nature. It was initially named as XCoin, then rebranded to Darkcoin and then to Dash in March 2015. 

As per its White paper, DASH encourages catalyzing Bitcoin by facilitating solid privacy, and swift transactions. Before going live on mainnet, the platform has evolved to add up features like a two-tier network with incentivized nodes. Which is in addition to master nodes and decentralized product governance. 

Company Details

dash

  • Cryptocurrencies

Dash is an open-source blockchain and cryptocurrency. which thrives to enable a fast, cost-efficient, global payments ecosystem that is fully decentralized in nature. Dash was created in 2014 and was developed by Evan Duffield. The primary focus for the utilization of Dash is in the transactional space, for use as a payment to merchants. Dash uses a Proof-of-Work mechanism.   The project was initially named as XCoin, then rebranded to Darkcoin, and then to Dash in March of 2015. The network encourages catalysing Bitcoin by facilitating solid privacy and swift transactions. Before going live on the mainnet, the platform has evolved to add features like a two-tier network with incentivized nodes. which is in addition to master nodes and decentralised product governance.   Dash was one of the first coins to successfully adopt self-governance and self-funding. It receives its development funds from the proceeds generated by the blockchain, and its governance is controlled by the owners of network master nodes. This also makes Dash one of the first successful decentralized autonomous organisations (DAOs).  

Fundamental Analysis 

Dash was created in 2014 and was developed by Evan Duffield. The primary focus for utilization of Dash is in the transactional space, for use as a payment to merchants. Dash uses a Proof-of-Work mechanism. And of course, it can also be purchased from a large number of exchanges.

Dash was one of the first coins to successfully adopt self-governance and self-funding. It receives its development funds from the proceeds generated by the blockchain, and its governance is controlled by the owners of network master nodes. This also makes Dash one of the first successful decentralized autonomous organizations (DAOs).

Our Dash Price Prediction

In the long run, we at Coinpedia expect the DASH to outperform, its current rally. We foresee the price of the Dash coin to hit its potential high of $68 by the end of 2022. In contrast, the digital token might stumble down to the lows of $50

Historic Market Sentiments 

2015-2016

  • Initially when the crypto was created one unit was worth roughly $0.21
  • By the time the coin was rebranded to Dash in March 2015 one unit was worth a bit over $3
  • The rebranding did set off a rally, and on March 21, 2015, it hit $7.11, but quickly dropped from that level.
  • Between mid-2015 and late 2016 DASH remained range-bound. It traded between $3 and $12.

2017

  • January 2017 saw Dash trading rally above $15, and by the end of February, the coin had reached $30
  • It remained on fire, climbing above $100 in March. 
  • After a pullback to levels around $70, by May the price was back above $100. 
  • In June price doubled again, hitting $200 briefly, and in August it surged 2X, to claim $400.
  • The bullish run in the fourth quarter helped DASH surge to its ATH of $1642.22.

2018-2019

  • The Price slid steadily lower in 2018, and by December 2018 the price of Dash had fallen back below $100
  • It found support around the $70 level and spent the next few months trading mostly between $70 and $85.
  • But, towards the end of 2019 and the start of 2020. The coin climbed back above the $100 mark reaching above $120 at a point. 

2020

  • DASH established its trade for the year 2020 at a value of $41.65.
  •  Later the price steadily started to recover and dramatically hit $123.85 by the end of January. 
  • As the crypto market got wrecked due to the Covid-19 outbreak, the currency declined to $43.66 by mid-March. 
  • Further, the price continued to recover and the coin resisted at $94.84 by mid-August. 
  • After a dip to $65 in September, DASH’s price rose to $103.22 to conclude the year.

2021

  • After ranging in a narrow bandwidth until the 13th of February, Dash posed a leg-up to $323.6, by the 20th of February. 
  • A bullish surge took the price to $448.5, by the 7th of May. However, a downswing took the price to $136.3, by the 23rd of May. 
  • After a sideways trend, until the 18th of July, an uptrend was kickstarted on the 19th of July. 
  • Bearish trends starting from the 7th of September led to the quarter’s closure at $166.9
  • The fourth quarter was fairly bullish as the price climbed to $239.4. A steep fall took the price to its annual closure at $141.4

Click here to read our in-depth price prediction of Quant (QNT)!

FAQs

Q: Is it possible to mine DASH?

A: Yes, DASH can be mined.

Q: Is Dash A Fork of Bitcoin?

A: Dash is technically a fork of Litecoin. But since Litecoin is a fork of Bitcoin, there are ties between Dash and the original Bitcoin blockchain.

Q: Which is the consensus mechanism of Dash?

A: DASH uses the Proof-of-Work, consensus mechanism.

Q: How high will DASH price reach by the end of 2022? 

A: The price of DASH will possibly surge to $68.5, by the end of 2022.

Q: What will be the maximum trading price of DASH by the end of 2025?

A: According to our DASH price prediction, the digital asset could hit as high as $275.78, by the end of 2025.

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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