Dash Achieves Market Capitalization of $342.27 Million (DASH)

Dash (DASH) traded down 2.2% against the US dollar during the twenty-four hour period ending at 21:00 PM E.T. on May 4th. Over the last seven days, Dash has traded down 1.9% against the US dollar. One Dash coin can currently be bought for about $29.05 or 0.00045900 BTC on exchanges. Dash has a market cap of $342.27 million and $31.91 million worth of Dash was traded on exchanges in the last day.

Dash Coin Profile

DASH is a PoW/PoSe coin that uses the X11 hashing algorithm. It was first traded on January 18th, 2014. Dash’s total supply is 11,781,369 coins. Dash’s official Twitter account is @dashpay and its Facebook page is accessible here. The Reddit community for Dash is https://reddit.com/r/dashpay and the currency’s Github account can be viewed here. Dash’s official message board is www.dash.org/forum. Dash’s official website is www.dash.org.

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.”

Buying and Selling Dash

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

DASH/USD price chart by TradingView