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.
Looking at its cap and rating I don't consider it to be undervalued if you compare it to rest of the crypto coins. Yes, you will see new coins that came out recently pulling money from these top coins. In the long run it'll come back to these coins once investors start getting burned from their hype investment. If you had compared current alt market to 2017 you would see most of them are quite undervalued compare to their past performance with btc being at the same price.