Will DASH be the new currency? (Dash/USD price analysis)

in dash-usd •  7 years ago 

Dash is pretty "simple" project. It is meant to be a fast, private and low-fee currency. Its main feature is that you can send transactions instantly.

  •  We have to wait for more money to be pumped into the crypto market but because of the large cryptocurrency correction it could take few weeks or even months. I think Dash has quite a big chance to be used on daily basis as a currency anytime soon. Probably later on it will be replaced by newer generation currencies but in forseeable future it could have great success.

Price analysis:

  • Dash's price is still technical and its price is resisting where it kinda should. Almost each major cryptocurrency has the biggest price rising at the last quarter of the year what have happened this year as well as the previous one. Thanks to that I think we will see the price hovering at these levels for maybe the first 2-4 months of 2018 and then start rising slowly before the next big price boom at the end of 2018. The question is if Dash will be strong enough to actually become popular and wide-spreaded. This depends a lot on their marketing and ability to promote Dash as the new big thing.

I would definitely consider holding some dash in case it becomes wide-spreaded.


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