Digital Cash (DASH) Has a Great Network? - Kakiforex.com - Financial Market Media No. 1 in the World Digital Cash (DASH) Has a Great Network? Digital Cash (DASH) Has a Great Network?
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June 14, 2021

Digital Cash (DASH) Has a Great Network?

 Dash is an open source blockchain that focuses on offering cheap and fast global payment networks in a decentralized nature.


Dash or “Digital cash”, was launched in January 2014 by Evan Duffield and Kyle Hagan.


Interestingly, the Dash coin system uses a network of Masternodes to carry out various activities in the Dash platform. These masternodes use the same concept as the nodes in the Bitcoin network where one problem faced by Bitcoin is the issue of scalability.


So, this is one of the issues that Dash coin is trying to manipulate through Masternodes to become the most user -friendly and scalable cryptocurrency in the world.


In the meantime, let’s take a look at the DASH/USDT price movement chart.


According to the current price movement, DASH has attracted the attention of investors by making an increase of over 400% at the market opening in early January till May 7, 2021 with the all -time high (ATH) level reaching $ 478.00.



According to the expectations of crypto analysts, the price movement is expected to make an increase to test the SBR zone (support become resistance) again around the price of $ 200.


If the DASH price movement manages to break the resistance level, the price movement will move to the next SBR (support become resistance) zone and will make a higher rise.


However, if the price sees a decline to a lower price level, the support zone around the $ 140 price will be tested and investors will assess the price reaction in that zone.


At the time of writing, DASH traded $ 169 up 6% with a market value of over $ 1.7 billion in the last 24 years.