• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Sensei Inu Logo Sensei Inu Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino
Breaking News: Breaking: Bitcoin Repayment Plan Gets New Deadline From Mt. Gox Trustee
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino
Bitcoinist.com
No Result
View All Result
Breaking News: Breaking: Bitcoin Repayment Plan Gets New Deadline From Mt. Gox Trustee

Dash Becomes Third Crypto-Currency in History To Break $100

Evander Smart by Evander Smart
7 years ago
in Altcoin News, Altcoins
0

It is an exciting time to be an investor and early adopter in the world of decentralized digital currencies. Nearly every crypto-currency is having a record-setting first quarter of 2017. Dash, however, has reached hallowed ground this morning, passing the $100 valuation mark.


BULLY FOR DASH

Dash has been on a bull run since the beginning of the year, when it was trading at only $11.20, according to CoinMarketCap.com. Its market capitalization value was a mere $78 million, and the buzz was limited. My, how times have changed.

Twenty-four hours ago, Dash was trading at just over $75 USD, and in one day, Dash has made the leap into triple digits for the first time in its three-year history. Dash was first released in 2014 as XCoin and was renamed Darkcoin a mere month later. Finally, in 2015, it was rebranded as Dash, both to avoid a negative “Dark Web” vibe and to appeal to a more mainstream audience.

This gain in value, which pushes Dash over the $700 Million in global market cap, represents an approximate 800% in appreciation since January 1st, 2017. During the same period, Bitcoin has risen in value approximately 27% and Ethereum has risen a still-uber-impressive 280%, passing $30 in value this morning. Three weeks ago, on February 21st, Dash was trading for just over $20 USD, realizing an almost 400% gain since then.

3

IS DASH FOR REAL?

The first question many reading this will ask themselves is “Is this a bubble or some kind of ‘Pump-and-dump?” In my humble opinion, I’d have to side with the former for a couple of reasons. First, Dash’s rise in value over the last month or so has been without any real peaks. There have been many plateaus and very few peaks in value, indicative of a solid foundation, not the manipulation by a few investors.

Second, this rise in value has coincided with the discontent and undercurrent of worry surrounding the Bitcoin Core vs Bitcoin Unlimited drama in the crypto community. As faith in SegWit adoption has waned, and as Bitcoin Unlimited has found a following, at least until yesterday, Dash has gained dramatically in favor.

Dash Price Surge

This indicates to me people are using Dash as a hedge against Bitcoin, and it’s not a false positive. I could be wrong, but as long as Bitcoin scalability issues fester, demand in Dash will swell until some sort of agreement is reached, and soon.

Others of you will ask “Other than Bitcoin and Dash, was the other crypto-currency to reach $100 in value?” That would be ZCash, which opened last October to extreme pre-launch hype and fanfare last October. ZCash futures were selling in the thousands of dollars and maintained a superior market value throughout its first month. However, after the hype was gone, ZCash sought its level in the $40 USD range, where it resides today.


Images courtesy of CoinMarketCap, Shutterstock

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Evander Smart

Evander Smart

Related Posts

Altcoins

Altcoins In Turmoil: Top Analyst Predicts Challenges Ahead

7 hours ago
Pro-XRP lawyer

Pro-XRP Lawyer Drops Bombshell Announcement About Ethereum

12 hours ago
XRP Ripple price

XRP Price Down 46% Since July 2023 But Liquidity Up 50%, What This Means For The Token

5 days ago
Altcoins

Crypto Analyst Reveals The Best Time To Buy Altcoins

1 week ago
metis

Metis Provides Support for Users Affected by PolyNetwork Exploit While Improving Cross-Chain Structure

1 week ago
Arbitrum ARB

Massive Whale Selling Pushes ARB Price To All-Time Low, Primed For Reversal?

2 weeks ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit

Press Releases

  • Analysts Predict Polkadot (DOT) to Stabilize, While QUBE is...

    2 hours ago
  • Seize the Opportunity:Domini.art Could Offer 50X Returns...

    3 hours ago
  • 3 Tokens Under $1 to Buy Now – September 2023 Rising...

    5 hours ago
  • Was Solana’s FTX Fear A ‘Buy The Fear’...

    5 hours ago
  • 3 Undervalued Gems in September 2023: $DOMI, $ARB, $LINK

    9 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino

© 2023 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.