Dash (DASH) Price – Current Live Value

Dash (DASH)

Dash (DASH) was originally named Xcoin in 2014 when it launched as a fork to Bitcoin (BTC), and was intended to be a fast and anonymous alternative to the then dominant cryptocurrency. In 2015 it changed its name to Darkcoin, but this garnered it a fair amount of negative press alongside the fact that it was an anonymous digital currency that could be used to fund illegal transactions. Later in 2015 the decentralized management team decided on the switch to Dash, which is a combination of the words 'digital' and 'cash'.

Dash underwent a number of 'pump and dump' schemes in its early years, and its price history tracks a large number of these spikes and drops. Even after the cryptocurrency boom and bust of 2018 the value of Dash remains at elevated levels. It is currently a top 20 coin by total market cap.

The decentralized management of Dash and its high transaction speeds have made it a popular cryptocurrency for smaller peer-to-peer transactions. People are allocated a vote in the management of the coin based on every 1,000 tokens that they hold. Management efforts are focused on improving the digital currency as a fast and private alternate payment system, which has made it particularly popular in nations with failed currencies and banking sectors.