https://themerkle.com/dash-price-reaches-250-ahead-of-global-conference-in-september/
Dash Price Reaches $250 Ahead of September Conference
JP Buntinx August 18, 2017 Crypto, News
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All things considered, this year has been pretty solid for Dash. With under 7.5 million coins in circulation, there is still a lot of room left for future price gains. Keep in mind that large numbers of coins are locked up in network masternodes, which provide the InstantSend feature and other services to users. Additionally, the Dash iOS wallet was finally approved a few weeks ago, which bodes well for the future of this currency. All it needs now is more trading volume, even though South Korea’s Bithumb exchange is generating its fair share so far. With just US$81 million in 24-hour volume, though, Dash is well behind most other top cryptocurrencies in that regard.
The good news for Dash is that its upcoming conference may attract a lot of positive momentum moving forward. According to the information we have received, the Dash Conference takes place in London on September 24. It is a precursor of the World Blockchain Forum, which will take place over the following two days. During the conference, we will see various panels and speeches regarding the Evolution initiative, the Dash Debit Card, and the new Dash Labs hardware tech brand. As the currency’s first global conference, the upcoming event will be quite significant, to say the least.
In the end, it is hard to predict what the future will hold for Dash. A lot of puzzle pieces are finally falling into place, which is a good sign. Bitmain recently announced a new ASIC miner to support the network as well, which will get more people interested in this currency. If Dash can somehow find a way to increase its global exposure and improve trading volume ahead of its conference, interesting things will keep happening. For now, the US$235 price is more than respectable, although no one should rule out a potential increase to US$300 or more.
About The Author
Jdebunt
JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.
Dash Price Reaches $250 Ahead of September Conference
JP Buntinx August 18, 2017 Crypto, News
Tweet
Share29
+13
Share1
All things considered, this year has been pretty solid for Dash. With under 7.5 million coins in circulation, there is still a lot of room left for future price gains. Keep in mind that large numbers of coins are locked up in network masternodes, which provide the InstantSend feature and other services to users. Additionally, the Dash iOS wallet was finally approved a few weeks ago, which bodes well for the future of this currency. All it needs now is more trading volume, even though South Korea’s Bithumb exchange is generating its fair share so far. With just US$81 million in 24-hour volume, though, Dash is well behind most other top cryptocurrencies in that regard.
The good news for Dash is that its upcoming conference may attract a lot of positive momentum moving forward. According to the information we have received, the Dash Conference takes place in London on September 24. It is a precursor of the World Blockchain Forum, which will take place over the following two days. During the conference, we will see various panels and speeches regarding the Evolution initiative, the Dash Debit Card, and the new Dash Labs hardware tech brand. As the currency’s first global conference, the upcoming event will be quite significant, to say the least.
In the end, it is hard to predict what the future will hold for Dash. A lot of puzzle pieces are finally falling into place, which is a good sign. Bitmain recently announced a new ASIC miner to support the network as well, which will get more people interested in this currency. If Dash can somehow find a way to increase its global exposure and improve trading volume ahead of its conference, interesting things will keep happening. For now, the US$235 price is more than respectable, although no one should rule out a potential increase to US$300 or more.
About The Author
Jdebunt
JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.