Estimated reading time: 3 minutes, 8 seconds
Dash is an open source peer-to-peer crypto with a feature set similar to that of the world’s most popular digital currency, bitcoin. However, it also offers additional features like private transactions (PrivateSend) and instant transactions (InstantSend).
On January 18, 2014, Dash was originally released under the name Xcoin and was rebranded as Darkcoin several days later. Finally, in March of 2015 the altcoin’s name was officially changed to Dash; a combination of the words Digital Cash. (Learn more about Dash with our resource guide!)
At present time, a single Dash coin is trading for around $680, and there are some who believe that this price point may only be the tip of the iceberg.
Note: “This article is not intended to be investment advice. Readers are strongly encouraged to do their own research before investing in any cryptocurrency.”
Gaurav S. Iyer
Profit Confidential author, Gaurav S. Iyer is a research analyst and editor for Lombardi Financial.
He believes that Dash could surpass bitcoin as the world’s most valuable cryptocurrency for several reasons. The author points to Dash owning itself (where bitcoin is steered by competing forces), offering lower fees, and having an active and functional community, as the reasons it could one day overtake the crypto leader.
Based on some of the previously mentioned reasons, combined with the potential for increased interest from Wall Street, Gaurav S. Iyer believes a single Dash coin could be worth as much as $2,500 in 2018.
Forex News Now
Forex News Now is a website run by Financial Analysts and has been around since 2008. The site covers cryptocurrency and recently published an article predicting Dash’s price movement in 2018.
The author claimed that the anonymous nature of Dash helped its value rise in 2017. Moreover, they believe that the coin’s scarcity and the fact that it’s (at least in their estimate) the preferred crypto of the marijuana industry, will help it’s price to continue to trend upward.
Furthermore, the writer predicted last November that Dash coins would be trading at $1000 in 2018. Interestingly enough, the coin exceeded the mark roughly a month later when it peaked at around $1500 in late December of 2017. However, it ended up dropping well below the $1,000 mark shortly after.
The forecast is already technically correct since were trading at over a grand in January of 2018. That being said, it should still be interesting to see if it’s able to return to the predicted price point by year’s end.
The cryptocurrency site Jiomobilephone1500 recently deiced to share their Dash price predictions for the next 3 years.
In truth, the logic behind the predictions in the article is difficult to follow at times, and they base some of their forecasts on prices continuing to move at the rate they did during Dash’s peak in November and December of last year.
Still, there may be a few Dash bulls out there who will appreciate their optimism.
In a piece published in mid-December, a Jiomobilephone1500 author wrote that a Dash coin could be worth as much as $8,502 by December of this year and even go as high as $67,536 by the time 2020 comes to a close.
For more awesome articles by Jacques Martin, check ’em out here! To learn more about Dash, visit our guide page. And the same goes for our Bitcoin guide page! For other price prediction articles we’ve published, check out our Ether Price Predictions, Bitcoin Price Predictions, Ripple Price Prediction articles, and Litecoin Price Predictions!