Dash is one of those old privacy coins with unique features not found elsewhere. For instance, the project has adopted a mechanism dubbed "ChainLocks" to protect the Blockchain against 51% attacks. It also has instant transactions (InstantSend) and privacy features (CoinJoin) baked into its protocol. Yet, Dash has been under the radar of many investors and traders alike sitting around $70 per coin. With a proven track record of development and innovation, Dash should've been in the top 5 cryptocurrencies in market cap by now.
Do you think Dash is undervalued? If not, why? Your input will be greatly appreciated. Thanks.
Do you think Dash is undervalued? If not, why? Your input will be greatly appreciated. Thanks.
I stand to be corrected, but I think most privacy coins are under this category. Just like you pointed out, DASH is one of the outstanding privacy coins in this space but seems Monero is always at the forefront. Nevertheless, I think maintaining a particular price range doesn't really spell bad for Dash, this is because there are many old cryptocurrencies that are no where to be found currently, in fact no one is even thinking about them. But since privacy coins are just few, I believe with constant development, a time will come when the attention will be moved to privacy coins again and the required growth of Dash will be witnessed.