Having such a wide selection of digital assets on crypto platforms and rankings, it is easy to get lost and totally fail to pick a good one for investment. The decision to buy this or that cryptocurrency is not an easy one, though, possible. We want to help you with this choice in this article.
Picking crypto should be followed with analyses of the following factors:
- Technology and benefits this or that digital asset brings to users and the industry as a whole;
- The development team and its past achievements and projects;
- Supporters and investors of the project;
- Crypto ranking and price, market cap and trade volume.
We have analysed one digital coin by these criteria and want to tell you more about it. So, Dash coin, prospects and essence.
What is Dash?
Dash is a crypto project that brings many benefits to the industry, expanding the use of crypto in the real sector. The platform enables speedy and cheap money transfers globally with no middlemen.
The Dash coin serves as a middle layer to convert fiat and crypto assets and transfer them to the needed address within a few minutes. The Dash service is compatible with the PayPal system and bank cards. It has many real use cases and is one of the most traded cryptos on exchanges.
The Dash crypto price is $40.29 as of mid-October 2022. The rate fluctuates between $38 and $42 this month. Analysing the Dash chart and previous price changes, experts came up with a Dash crypto price prediction, claiming the coin could reach $65,89 by the end of the year.
However, it is important to analyse the asset on your own to have a clear picture of the risks and prospects of this coin. To learn complete information on this asset, visit the WhiteBIT blog.