DASH is a well-known asset in the crypto world, and one of the top 10 coins in terms of market cap. They are working to allow instant payments that will go through the blockchain. One of the best things about them is that they have extremely higher security, even for crypto standards. Anyone holding 1000 DASH coins will be able to operate as a Masternode as well, which many holders will love.
The coin has long been a strong performer, with a bright future due to it being positioned well to become an actual replacement (or more likely, a complimentary currency) to cash. It is very fast and easy to use, which gives it the same advantages as buying with a local fiat currency, and is designed to be fairly simple to begin accepting by businesses. The name itself, DASH, is for ‘digital cash’ which it really can function as.
While the real world uses for DASH make it a promising coin both in the short and the long term, there is something more immediate that make this a likely strong buy right now. We’ve seen Bitcoin rocket up over the past several weeks, even hitting $20,000 on certain exchanges. Litecoin then had its turn, making incredible gains of 200% or more. Ethereum even overcame their ‘cryptokitty’ issues to give very strong returns.
It isn’t like cryptocurrencies ‘take turns’ going up, but for lack of a better phrase, it is soon going to be DASH’s turn. It is currently trading around $1000, which is quite a bit lower than it was in comparison to Bitcoin. Many investors will likely see this as a great opportunity to ride this coin up as it stabilizes against Bitcoin. The fact that it is a strong concept even without factoring Bitcoin in makes it a real obvious choice.
I don’t have any specific price predictions, but over the next few days or weeks, we could see some real strong movement in a positive direction.