Dash price and volume have surged to all-time highs, bringing what is likely to be the largest development budget in the cryptocurrency field.
This year has seen a meteoric rise in Dash’s market cap. So far, it has increased from about $80 mln in January to over $560 mln at the time of writing amounting to a sevenfold increase. This month alone it has more than doubled in value.
According to community member Tao of Satoshi, who runs the Dash Nation Slack channel and hosts the YouTube show Cash Alternative TV, Dash’s recent growth spurt is hardly surprising:
“This price rise is not shocking at all to anyone who has followed the project from the start. Evan Duffield and his team have been systematically solving all of the problems facing Bitcoin, privacy, transaction speed and governance. Now, thanks to an energized community (or Dash Nation, as I like to call it), the word is spreading. People who may have been interested in Dash from afar are now considering it seriously as Bitcoin's situation continues to degrade. You are seeing Dash become a legitimate competitor to Bitcoin and fiat money, so in my opinion, this is only the beginning of sustained Dash growth.”
Full story at http://bit.ly/2mZfXrv
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