Dash (DASH) Market Cap Tops $288.42 Million

Dash (DASH) traded 1.7% higher against the US dollar during the 1-day period ending at 18:00 PM Eastern on October 19th. Dash has a market capitalization of $288.42 million and $26.42 million worth of Dash was traded on exchanges in the last day. Over the last week, Dash has traded up 0.1% against the US dollar. One Dash coin can currently be purchased for about $24.06 or 0.00035243 BTC on major exchanges.

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 11,986,037 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. The official message board for Dash 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 possible to purchase alternative cryptocurrencies such as Dash directly using U.S. dollars. Investors seeking to acquire Dash should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Dash using one of the exchanges listed above.

DASH/USD price chart by TradingView