Again, all altcoins dropped in price. Not just privacy coins.
Besides, Dash has ATH with mining hashrate and almost new ATH with number of active masternodes (longterm investors).
And Dash still offers optional privacy (although its not much used), Dash is just trying to get out under the privacy-centric label
as its far more focussed on other features (providing instant, secure and low cost transactions through InstantSend for example)
I am aware that all altcoins dropped in price that's why I said "may have contributed".
In your honest opinion, will Dash be able to get out of the privacy-centric label regardless of how many uses its coinjoin?
Yes, i think Dash will able to free itself from the privacy-centric label as it receives more and more support for its
InstantSend technology by exchanges on either the deposits side or the withdrawel side. Creating trading opportunities.
Another aspect of Dash that is receiving regnonition is its development of ChainLocks that not only provides protection
against 51% attacks, but also make sure transactions that are locked by ChainLocks are fully secure, can not be doublespend
and are provided with a certainty that they will be included in a block. This is the direct reason why Coinbase Pro only
requires 2 confirmations on its Dash deposits, instead of the more exspected 6 confirmations.
This all plus having InstantSend active by default on 90% of its transactions without additional costs, strengthen Dash primary
use case as digital cash.
Dash is also changing into a decentralized platform, where additional services can be run on. Services like a decentralized API
that allows direct connecting of services / Dapps to its network. Or services like data-type driven smart contracts, where metadata
of Dapps can be stored on masternodes through DashDrive.
As all these new use cases come available to Dash, it will loose its label as privacy-centric coin, and will be viewed more
like a decentralized fast payment provider network. Optional privacy will still be supported (it has been made far more
efficient and faster over the years), but in the end that will only form a small portion of its many services i believe.