DASH (Dash) increased by 35.46% in the last 24 hours

GateNewsBot
DASH1.6%

Gate News Bot Message, January 15th, according to CoinMarketCap data, as of press time, DASH (Dash) is trading at $79.50, up 35.46% in the past 24 hours, with a high of $87.88 and a low of $36.71. The 24-hour trading volume reached $1.431 billion. The current market capitalization is approximately $998 million, an increase of $261 million from yesterday.

Dash is a borderless digital currency that offers instant, private, convenient, economical, and secure payment experiences. Through the Dash wallet, users can transfer funds and earn yields anywhere in the world. The Dash Platform provides decentralized information services, similar to how cryptocurrencies bring innovation to the financial sector. The platform supports multi-chain wallet integration, online purchases, and passive income features. Users can easily stake DASH within the DashPay app via CrowdNode to earn rewards. Transaction speeds are typically under 1 second, with a single transaction cost below $0.01, providing businesses and individuals with a convenient payment solution.

Important recent news about DASH:

1️⃣ Payment public chain market continues to heat up, breaking multiple psychological thresholds

DASH has experienced a strong rise from $36.71 to $79.50 over the past three trading days, consecutively breaking through key price levels such as $41.80, $50, and $60. This upward trend indicates a continued reassessment of the payment public chain sector by the market. In the context of the crypto ecosystem, where new applications like market prediction face challenges such as limited user base and low trading activity, Dash’s verified instant transaction speed and ultra-low fees give it a clear competitive advantage in practical scenarios. This functional advantage provides tangible value support for investors, rather than relying solely on hype.

2️⃣ Privacy payment attributes and ecosystem innovation drive market attention

As a digital currency with both privacy protection and instant payment features, DASH has gained market recognition amid rising demand for payment tokens and increasing popularity of privacy coins. The完善 DashPay wallet ecosystem, the masternode mining mechanism, and staking rewards all provide multi-dimensional incentives for investors. These incentive structures attract long-term participants and enhance the value expectations of holding the coin.

3️⃣ Market liquidity fully released and trading activity increased

The 24-hour trading volume rapidly grew from $116 million on January 13 to $1.431 billion on January 15, an increase of over 12 times, reflecting a significant rise in investor attention and participation. The strong trading volume provides ample liquidity support for price increases and indicates a market re-pricing of the coin’s fundamentals.

This message is not investment advice. Investors should be aware of market volatility risks.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Cardano drops out of the top ten, with $0.22 becoming the dividing line between bulls and bears. Will ADA's price test a three-year low again?

February 13 News, Cardano (ADA) is currently in a critical price range, with support and resistance levels almost coinciding with the current price, making short-term trends uncertain. Despite recent ecosystem developments announced by founder Charles Hoskinson, market sentiment remains cautious, and the price response has been relatively muted. Hoskinson revealed that Cardano is about to complete integration with LayerZero and plans to launch USDCx this month, as well as to activate the Midnight privacy sidechain mainnet before the end of March. These updates are theoretically beneficial for increasing network activity and attracting developers, but in the context of overall weak momentum in the crypto market, ADA has not been able to form a sustained rebound.

GateNewsBot6m ago

Monero MACD bullish crossover approaching, XMR weekly rebound of 15%, aiming to retake the $788 high?

February 13 News, Monero (XMR) shows clear signs of rebound after a deep correction. Over the past week, XMR price has risen nearly 15%, reaching as high as $350, and is currently consolidating around $334. Technical indicators show that Monero is approaching a bullish MACD crossover, combined with a breakout signal, prompting the market to reassess its upward potential. From the daily chart, the MACD line is approaching the signal line from below. Once a golden cross is confirmed, it often indicates that bullish momentum is regaining dominance. At the same time, the price has broken above the previous descending wedge pattern, which has historically been seen as a precursor to trend reversal. The convergence of technical signals suggests a positive short-term outlook for Monero.

GateNewsBot12m ago

Will USDT stablecoin surpass BTC and ETH? Mike McGlone makes a disruptive prediction: digital dollar becoming the new core

On February 13, Bloomberg Industry Research Analyst Mike McGlone stated that USDT stablecoin may surpass Bitcoin and Ethereum in market capitalization and influence in the future, becoming the new dominant force in the crypto market. This view is not based on short-term price fluctuations but stems from long-term observations of global capital structures, liquidity needs, and digital financial trends. McGlone believes that as market participants place greater emphasis on security, stability, and cross-border efficiency, dollar-pegged stable assets are gaining unprecedented appeal. USDT does not rely on price appreciation to demonstrate its value; its core advantages lie in usage and liquidity: traders move funds into USDT during market volatility, institutions use it as a settlement and hedging tool, and cross-border users see it as a digital alternative to the US dollar.

GateNewsBot16m ago

Why Hedera (HBAR) Could Overtake XRP in the Race for Global Finance

Debate continues over which digital asset could shape the future of global finance. XRP often appears at the center of that conversation because of its long connection to cross border payment infrastructure through Ripple. Another view has started to surface in analytical circles, and it

CaptainAltcoin17m ago

Solana Price Faces Bearish Pressure with $57 Fibonacci Extension in Sight

Key Insights: Solana’s price faces a bearish shift after losing key support, with $170 now acting as resistance. Low-volume bounces signal weak demand, leaving Solana vulnerable to further downside pressure. The $57 Fibonacci extension could become a critical zone for Solana’s price

CryptoNewsLand21m ago

2020 Bull Market Signal Reappears? Altcoin Dominance Rises, BTC Market Share Declines, Market Rotation Signs Reemerge

February 13 News, renowned crypto analyst Matthew Hyland pointed out that a key structural signal that appeared before the 2020 bull market is forming again: Bitcoin market share is weakening, while altcoin dominance continues to rise. For long-term traders, this change is not unfamiliar; it often indicates that capital is beginning to shift from a single asset to a broader crypto market. Looking back at history, in 2018 and 2022, the market share of altcoins and Bitcoin declined simultaneously, coinciding with overall bear markets, capital withdrawal, and liquidity tightening. However, at the end of 2019, the situation reversed: Bitcoin prices weakened, but altcoin shares gradually rebounded. This did not immediately lead to a surge, but laid the groundwork for the significant rises in 2020–2021. Now, a similar structure is reemerging.

GateNewsBot23m ago
Comment
0/400
8275vip
· 01-15 05:15
SAFE tokens are showing strong momentum in the spot trading market. The price has risen to 0.1924, with the latest increase of 8.76%. Trading volume reached 27.75K, reflecting strong market interest. Worth noting, as the token continues to fluctuate.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)