Dash Profile

DASH
 Crypto
  

USD 46.50  0.14  0.30%   

Market Performance
2 of 100
Odds Of Distress
Less than 46
Dash is trading at 46.50 as of the 9th of December 2022, a -0.3 percent decrease since the beginning of the trading day. Dash has 46 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Cryptocurrency ratings for Dash are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of November 2022 and ending today, the 9th of December 2022. Click here to learn more.
Dash is peer-to-peer digital currency powered by the Blockchain technology. More on Dash
Dash is an online market maker for p-2-p internet money denominated as Cryptocurrency. Dash has been active in the last 3 months, and it is presently trading with a bearish sentiment. Cryptocurrencies such as Dash are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as Dash are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

Dash Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. Dash's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Dash or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Dash has very high historical volatility over the last 90 days
Dash is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 34 exchanges in multiple currencies. Dash is an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network that is decentralized in nature. According to the project's white paper, Dash seeks to improve upon Bitcoin (BTC) by providing stronger privacy and faster transactions. Dash, whose name comes from "digital cash," was launched in January 2014 as a fork of Litecoin (LTC). Since going live, Dash has grown to include features such as a two-tier network with incentivized nodes, including "masternodes," and decentralized project governance; InstantSend, which allows for instantly settled payments; ChainLocks, which makes the Dash blockchain instantly immutable; and PrivateSend, which offers additional optional privacy for transactions.the goal of Dash is "to be the most user-friendly and scalable payments-focused cryptocurrency in the world." To accomplish this, the project relies on a network of masternodes, which are servers backed by collateral held in Dash that are designed to provide advanced services securely and governance over Dash's proposal system. In exchange for part of the block rewards, masternodes provide a second layer of services to the network. They facilitate functions such as InstantSend, PrivateSend and ChainLocks. Dash is marketed to both individual users and institutions, including merchants, financial services, traders and those who need to send international remittances. In October 2020, Dash Core Group reported that its strategic objectives moving forward include building its ecosystem and brand, ensuring that users are satisfied and further advancing the technology behind the network. Dash's governance system, or treasury, distributes 10% of the block rewards for the development of the project in a competitive and decentralized way. This has allowed the creation of many funded organizations, including Dash Core Group. In addition, the Dash Foundation, which advocates for the adoption of the cryptocurrency, receives donations and offers paid individual and institutional memberships.Dash uses a two-tier network to secure its transactions. The first tier consists of nodes that carry out mining operations under a proof-of-work consensus protocol, meaning that they compete to solve complex cryptographic problems and at least 51% of nodes must approve a transaction for it to be added to the blockchain. The PoW algorithm used by Dash is called "X11" — a custom hashing algorithm developed by Dash founder Duffield that uses a sequence of 11 hashing algorithms. According to Dash's documentation, X11 is "one of the safest and more sophisticated cryptographic hashes in use by modern cryptocurrencies." The second tier consists of masternodes operating under a proof-of-service consensus algorithm in which masternodes are rated based on their history of providing good services to the network. Masternodes oversee the network and have the power to reject new blocks added by nodes if they were approved improperly. They also enable Dash's ChainLocks feature, which increases security because every 12 hours, a rotating group of masternodes observe and confirm all new blocks added to the blockchain. Dash's developers have stated that this protects the network against 51% attacks.
AlgorithmX11
Coin TypeDash
Proof TypePoW/PoSe
IndustryFinancial and Insurance Activities
FINMAPayment
FCAExchange
AccessPermissionless
Collateralized AssetNo
SymbolDASH
Difficulty98.06 Million
RatingC+
Technology Adoption RatingB-
Market Performance RatingD-
NameDASH
Sponsoredfalse
Block Reward2.48734167
Block Time155
Is Tradingtrue
Algorithm Typex11
Net Hashes Per Second2,665.73 Trillion
Asset Launch Date2014-01-18
Full NameDash (DASH)
Asset Website Urlhttp://dash.org
Block Number1.79 Million
Platform Typeblockchain
Coin NameDash
Total Coins Mined11.05 Million

Dash Target Price Odds Analysis

What are Dash's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Dash jumping above the current price in 90 days from now is about 7.19%. The Dash probability density function shows the probability of Dash crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Dash has a beta of -0.4961 suggesting as returns on benchmark increase, returns on holding Dash are expected to decrease at a much lower rate. During the bear market, however, Dash is likely to outperform the market. Additionally, the company has an alpha of 0.0019, implying that it can generate a 0.001915 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 46.5HorizonTargetOdds Above 46.5
92.75%90 days
 46.50 
7.19%
Based on a normal probability distribution, the odds of Dash to move above the current price in 90 days from now is about 7.19 (This Dash probability density function shows the probability of Dash Crypto Coin to fall within a particular range of prices over 90 days) .

Dash Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Dash market risk premium is the additional return an investor will receive from holding Dash long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Dash. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Dash's alpha and beta are two of the key measurements used to evaluate Dash's performance over the market, the standard measures of volatility play an important role as well.

Dash Technical Analysis

When it comes to investing in cryptocurrency, such as Dash, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Dash, which is currently traded at 46.5, shows everything you need to know about Dash market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Dash, to determine its price movements. However, the Dash's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Dash's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Dash's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Dash Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Dash price patterns.
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Dash Against Markets

Picking the right benchmark for Dash crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Dash crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Dash is critical whether you are bullish or bearish towards Dash at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Dash without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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How to invest in Dash

You need to understand the risk of getting into digital currencies such as DASH before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in Dash in four ways:

Buy DASH through an exchange

Get yourself a crypto wallet before embarking on your Dash journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase Dash. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of Dash through an exchange

You don't have to buy a full token when starting out since DASH is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade Dash through a broker

If you don't want to store your Dash Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in DASH through an exchange-traded fund (ETF)

You can also invest in DASH through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having Dash in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
Continue to Investing Opportunities. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for Dash Crypto Coin

When running Dash price analysis, check to measure Dash's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Dash is operating at the current time. Most of Dash's value examination focuses on studying past and present price actions to predict the probability of Dash's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Dash's coin price. Additionally, you may evaluate how adding Dash to your portfolios can decrease your overall portfolio volatility.
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