Dash (DASH) Market Cap Hits $276.53 Million

Dash (DASH) traded up 3.7% against the U.S. dollar during the 24 hour period ending at 12:00 PM Eastern on October 29th. One Dash coin can currently be purchased for about $23.03 or 0.00031802 BTC on exchanges. In the last seven days, Dash has traded 1.1% lower against the U.S. dollar. Dash has a market cap of $276.53 million and approximately $31.46 million worth of Dash was traded on exchanges in the last 24 hours.

Dash Profile

Dash is a PoW/PoSe coin that uses the X11 hashing algorithm. It was first traded on January 18th, 2014. Dash’s total supply is 12,005,205 coins. The official website for Dash is www.dash.org. The Reddit community for Dash is https://reddit.com/r/dashpay and the currency’s Github account can be viewed here. Dash’s official Twitter account is @dashpay and its Facebook page is accessible here. The official message board for Dash is www.dash.org/forum.

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.”

Dash Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Dash directly using US dollars. Investors seeking to trade Dash should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Dash using one of the exchanges listed above.

DASH/USD price chart by TradingView