Will $DASH reach 1000 usd benchmark?
This coin isnt newcomer. Launched in 2014, the cryptocurrency Dash was originally known as Xcoin. After being rebranded as Darkcoin, it landed on its current name, Dash, in March 2015.
This crypto token started at less than a dollar and climbed to a whopping $1,550 in 2017, thanks to its unique features. It may have hit a bit of a slump as it rebranded from a privacy coin to a direct payment method, but many experts expect it to kick off again soon.
Since 2020, Dash developers have been working to become a medium for daily transactions as a digital currency that can be used as cash, credit card, or via PayPal.
How Dash works
Dash uses a different system for handling transactions. Dash is run by a subset of its users, which are called "masternodes." Masternodes simplify the verification and validation of transactions. All masternodes have a starting stake, which is equal to 1,000 DASH in their systems.
Dash Price
Currently Dash stands at 95% below its peak value in 2017, indicating a substantial decrease but potentially signaling an undervalued asset that could offer investment opportunities.
DASH is Volcano and if it erupts fully may value higher than ETH.