Dash (DASH) Hits Market Capitalization of $272.38 Million

Dash (DASH) traded 2.9% lower against the US dollar during the one day period ending at 14:00 PM ET on October 23rd. One Dash coin can currently be purchased for about $22.72 or 0.00034751 BTC on popular cryptocurrency exchanges. In the last week, Dash has traded 6% lower against the US dollar. Dash has a total market capitalization of $272.38 million and approximately $25.92 million worth of Dash was traded on exchanges in the last day.

About Dash

DASH is a PoW/PoSe coin that uses the X11 hashing algorithm. It launched on January 18th, 2014. Dash’s total supply is 11,989,918 coins. The official website for Dash is www.dash.org. Dash’s official message board is www.dash.org/forum. 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.

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 possible to purchase alternative cryptocurrencies such as Dash directly using U.S. dollars. Investors seeking to acquire Dash should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Dash using one of the exchanges listed above.

Receive News & Updates for Dash Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Dash and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.