Dash (DASH) Hits Market Capitalization of $338.19 Million

Dash (DASH) traded down 1.9% against the dollar during the one day period ending at 21:00 PM Eastern on May 7th. One Dash coin can now be purchased for $28.70 or 0.00045819 BTC on popular cryptocurrency exchanges. Over the last seven days, Dash has traded 3.4% higher against the dollar. Dash has a market cap of $338.19 million and approximately $38.12 million worth of Dash was traded on exchanges in the last day.

Dash Profile

Dash (CRYPTO: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 11,784,757 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. Dash’s official message board 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 currently possible to purchase alternative cryptocurrencies such as Dash directly using US dollars. Investors seeking to trade Dash should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Dash using one of the exchanges listed above.

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