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Currently trading at $ 32.53 , which has fallen by -8.18% over the last 24 hours . Market capitalization is $410.9M (market down -8.18% in 24h) . 24h volume: $75.4M. Circulating supply: 12,630,270 DASH. Hourly change: +0.45%. Weekly change: +0.46%.
| Date | Price | % Change |
|---|---|---|
| Now | $ 32.53 | - |
| 1 Hour | $ 32.68 | +0.45% |
| 1 day | $ 29.87 | -8.18% |
| 7 days | $ 32.68 | +0.46% |
| 30 days | $ 27.48 | -15.52% |
| 60 days | $ 14.50 | -55.44% |
| 90 days | $ 29.96 | -7.9% |
| Rank | #69 |
| Price | $32.53 |
| Market Cap | $410.9M |
| Trading Volume (24h) | $75.4M |
Dash is ranked #69 based on its market cap of $410,872,763.00. DASH is trading at $32.53 where the total trading volume in the last 24h was $75,386,633.00.
Dash is a cryptocurrency that was launched in 2014 with the goal of providing faster and more private transactions than other cryptocurrencies. Originally called Darkcoin, the cryptocurrency was rebranded as Dash in 2015 to better reflect its focus on providing a fast and efficient payment system.
One of the key features of Dash is its two-tier network architecture. The first tier consists of regular nodes that handle standard transactions, while the second tier consists of master nodes that provide additional services, such as instant transactions and decentralized governance.
Master nodes require a minimum stake of 1,000 Dash, which helps to ensure that the network is secure and that the master nodes have a vested interest in the success of the network. Master nodes also have the power to vote on important decisions related to the network, such as changes to the block size or the allocation of funds for development.
Another important feature of Dash is its PrivateSend feature, which allows users to send transactions that are more private than those of other cryptocurrencies. PrivateSend works by mixing the user's transaction with other transactions, making it more difficult to trace the origin and destination of the transaction.
Dash has also been designed to be fast and efficient, with transactions typically taking only a few seconds to complete. This is achieved through the use of a two-tier network architecture and the implementation of features such as InstantSend, which allows transactions to be confirmed in just a few seconds.
Dash has gained significant adoption in the cryptocurrency space and has been listed on several major cryptocurrency exchanges. The cryptocurrency has also been used to fund a variety of projects and has been integrated into several payment systems and services.
One of the challenges facing Dash is its use of masternodes, which can create centralization concerns. While the requirement for a minimum stake of 1,000 Dash helps to ensure that the network is secure, it also limits the number of users who can participate in the governance process.
In conclusion, Dash is a cryptocurrency that is focused on providing fast and private transactions through the use of a two-tier network architecture and features such as PrivateSend and InstantSend. The cryptocurrency has gained significant adoption in the cryptocurrency space and has been used to fund a variety of projects. While the use of masternodes creates centralization concerns, Dash has been successful in providing a fast and efficient payment system that is valued by its users.
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