Our Dash price charts are an easy reference for current DASH prices. In addition to displaying the current live DASH price, our interactive charts allow you to examine historical DASH prices.
To the right are live Dash price charts. These charts can be viewed using multiple time frames, and can be a useful tool for both short-term traders as well as long-term investors. Charts can be used to spot tradable technical patterns within a market, or to identify price trends. You can scroll down to use a full, interactive price chart or to view popular bullion products. We also offer pricing charts for ethereum prices, litecoin prices, ripple prices, bitcoin prices, bitcoin cash prices, monero prices, iota prices, and nem prices.
Dash is a form of digital currency that can be used to make instant, private payments both online and in certain stores. Like other cryptocurrencies, Dash runs on a decentralized, peer-to-peer network that utilizes blockchain technology. Dash incentivizes both individuals and businesses to perform work that adds value to the network through a self-governing and self-funding model. Dash was originally released in January 2014 under the name Xcoin, although the name was changed just 10 days later to Darkcoin. In March of 2015, the name was rebranded as “dash.”
Dash and other cryptocurrencies can be used to send funds or remittance to network participants anywhere in the world and to merchants that accept Dash. Cryptocurrencies can be used to purchase a number of products and services, and could gain much broader acceptance in the years and decades ahead. Dash and other cryptocurrencies may also be used to send funds to anyone in the network, anywhere in the world. Other potential uses for Dash and cryptocurrencies may be discovered, in fact, a house was recently purchased using cryptocurrency.
Investors have become increasingly interested n Dash and other cryptocurrencies for numerous reasons. Many cryptos have a limited amount of coins, tokens or units that can be added to the network, and the idea of rising demand with limited supplies could be appealing to investors. The laws of supply and demand could potentially fuel significantly higher prices if demand does increase.
Investors may also be considering the possibility of Dash and other cryptocurrencies becoming more widely accepted and far more “mainstream” than they are today. Some analysts have suggested that cryptocurrencies could eventually become a preferred global payment method, and could therefore obtain a significant market share of the global payment system.
Dash and other cryptocurrencies offer a high level of convenience for users with a great deal of speed and security. Payments are settled almost instantly using the network, and can be sent anywhere on the globe. Dash and other cryptos may potentially offer a cost savings compared to other payment methods. Making an international purchase with a credit card, for example, can result in foreign transaction fees being charged by the card provider. Sending a bank wire overseas can result not only in a bank wire fee, but may also need to involve a currency conversion as well. Dash and other cryptos may be used at a lower cost, with no need for currency conversions.
Dash and other cryptocurrencies utilize blockchain technology to run and secure their networks. The mathematics behind this technology allow for a high level of security, and may potentially cut down on fraud or unauthorized use.
Dash and other cryptos can be traded on a short-term basis, however, they may not yet have adequate liquidity to move in and out of the market with efficiency. As cryptos become increasingly popular, however, it is possible that more derivatives products are launched to track the price of cryptos. The CME Group and Chicago Board Options Exchange have already launched products designed to facilitate trading in certain crypto markets.
Charts can be a useful guide and provide a simple graphic depiction of market price action. In markets that are trending higher in price, investors may look for any significant dips in price as an opportunity to buy or add to positions. If the market breaks out above previous or all-time highs, investors may view that as a sign of strength and a buy signal. In range-bound markets, investors may look to buy any declines to the bottom of the trading range.
Dash and other cryptocurrencies could potentially be the wave of the future, and there is no telling just how high price levels could get as they become more widely used. Given their cost efficiency, high level of security and overall convenience, Dash and other cryptos could potentially give other payment methods a run for their money.