Since 2014, the Dash share price has experienced numerous and sometimes strong fluctuations. One of the reasons for this volatility in the Dash price is the fact that crypto currencies are a comparatively new phenomenon.
This is also supported by the fact that the share price has settled at a relatively stable level since its highs last year. The Dash course will be determined by two factors in particular. On the one hand, there is the use of the dash crypto currency as a means of payment.
How the Dash course has evolved over the past 4 years
Since its inception, the Dash course has experienced enormous fluctuations. The crypto currency started with the former name XCoin. However, the share price hardly moved until it was renamed Dash Coin. It wasn’t until the crypto currency hype spread to Dash and the crypto currency became one of the most important digital assets of its kind that the share price rose sharply.
In the meantime, the share price reached record highs above 1,000 US dollars. Today, the share price is well over 300 US dollars. Since the end of 2017, price fluctuations in particular have decreased sharply and the Dash price has returned to normal.
How was Dash’s share price performance over the past year?
In 2017, the Dash share price followed the hype about crypto currencies and reached record highs in a very short time. These extreme rises began in the summer of 2017, when the Dash crypto currency was just over $100, but quickly tripled in value to around $300. Even as bitcoin came under pressure in late November 2017, the Dash share price continued to show stable growth.
However, Dash was unable to take the peaks it reached in December into 2018. The price fell significantly at the end of the year. It can be assumed that the price development at this time was due to a bubble. Due to the subsequent correction, the values achieved realistic values again.
What is the Dash price forecast for 2018?
Dash Coin is a promising alternative to the more popular bitcoin. Its advantages are transactions that are faster, cheaper and more anonymous. Thus, this crypto currency has a solid basis for a positive development. Experienced investors have now recognized this, which is reflected in the stable development of the Dash share price.
However, anyone investing in crypto currencies should always keep the risk in mind. The market situation can change significantly at any time, resulting in both enormous price jumps and losses. Only those who deal in detail with the courses and the crypto news can keep a good overview in this environment.
Dash is a worthwhile alternative to other crypto currencies. Following the hype of 2017, the Dash share price has now settled at a stable level for the time being. However, due to the high functionality of the currency, analysts expect the price to continue to rise, so if you also want an overview of other crypto currencies, then use our popular Dash calculator.
Do you want to learn more about crypto currencies and the latest ICOs, Airdrops & the most profitable top coins? Then CLICK HERE and visit our CryptoWealthCenter.