Dash Reaches Market Capitalization of $346.48 Million (DASH)

Dash (DASH) traded down 0.5% against the dollar during the 1-day period ending at 15:00 PM E.T. on May 5th. One Dash coin can now be purchased for about $29.41 or 0.00045963 BTC on cryptocurrency exchanges. Dash has a total market cap of $346.48 million and $33.72 million worth of Dash was traded on exchanges in the last day. Over the last seven days, Dash has traded 1.8% lower against the dollar.

Dash Coin Profile

Dash is a PoW/PoSe coin that uses the X11 hashing algorithm. It launched on January 18th, 2014. Dash’s total supply is 11,782,213 coins. Dash’s official Twitter account is @dashpay and its Facebook page is accessible here. The official website for Dash is www.dash.org. Dash’s official message board is www.dash.org/forum. The Reddit community for Dash is https://reddit.com/r/dashpay and the currency’s Github account can be viewed here.

According to CryptoCompare, “Dash is a digital currency launched in 2014, aiming to provide a fast, secure, and private alternative to traditional payment methods. It’s based on Bitcoin software but with several improvements, including a self-funding and governance model, and additional services from masternodes. Dash is used for various purposes, including payments, remittances, and investing, with a focus on usability and user experience. Xcoin and Darkcoin are the former names of Dash, which initially offered anonymous transactions. Dash was created by Evan Duffield, prioritizing speed, security, and privacy as an alternative to traditional payment systems.”

Dash Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Dash directly using US dollars. Investors seeking to acquire Dash should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dash using one of the aforementioned exchanges.

DASH/USD price chart by TradingView