Dash - Why is the market cap so low?
- Thread starter dashbloke
- Start date
Dash has lost the trust of many investors including myself.
The development teams are no longer transparent.
The moderators make up the rules as they go along.
The business development and marketing teams are outsourcing their failure to other more reputable PR Firms.
The Dash coming from the DAO has become a hot commodity amongst the very few developers still seeking funding.
Once the DAO provides little to no more funding to the DFO´s, Dash will seize to continue development and marketing.
Too many leechers in the Dash Eco System not seeding enough back to the community.
The development teams are no longer transparent.
The moderators make up the rules as they go along.
The business development and marketing teams are outsourcing their failure to other more reputable PR Firms.
The Dash coming from the DAO has become a hot commodity amongst the very few developers still seeking funding.
Once the DAO provides little to no more funding to the DFO´s, Dash will seize to continue development and marketing.
Too many leechers in the Dash Eco System not seeding enough back to the community.
IC .. when you say development teams are no longer transparent-isn't that something that was done when it was actually under development, its been working on it's own network for years.. I'm wondering how low in value can a crypto network go? will it get to the point where the people running the nodes quit the job? I never heard of a blockchain actually being unplugged.. Almost 6 months ago this thing called Pi Coin came out with alot of excitement, its easy to 'mine' a little bit of it, and it comes with it's own environment app in which there are various apps that accept Pi Coin like marketplaces etc. but now its doing the same thing, market cap keeps going down while millions of free coins are released to users every month.. but its new and still #40 in market cap but at one point it was #10.. seems like its going down with no end in sight and the big exchanges refuse to list it, at least Dash is on Binance.
None of our DFO´s are buying Dash.
Joel has never bought Dash, never held Dash.
I don´t see any potential for new buyers to come to Dash based on Joels presentations.
Nor do I see many people interested in what Dash is still developing.
Once they leave Dash, no one comes back. That should tell you something.
Beyond QE´s vague promises that by 2026, Evonodes will be generating an extra $2000/month,
there is nothing much to look forward to being invested in Dash.
Joel has never bought Dash, never held Dash.
I don´t see any potential for new buyers to come to Dash based on Joels presentations.
Nor do I see many people interested in what Dash is still developing.
Once they leave Dash, no one comes back. That should tell you something.
Beyond QE´s vague promises that by 2026, Evonodes will be generating an extra $2000/month,
there is nothing much to look forward to being invested in Dash.
qwizzie
Well-known member
Marketcap is price x circulating supply.
If you have a low price (bear market) and a relatively high circulating supply (high supply inflation rate), then that will cause low marketcap.
Marketcap itself gives no indication of price performance, for that it is better to compare % down from ATH between projects.
I use cryptorank.io for that, with a select number of cryptocurrencies (not tokens)
Unfortunetely Dash has a relatively high supply inflation rate compated to other projects, which forms a factor in calculating marketcap.
Circulating Supply Inflation rate (annual growth of circulating supply in percentage) for Dash and some of its competitors
Dash : 3.70%
Bitcoin : 0.84%
Bitcoin Cash : 0.89%
Monero : 0.80%
ETH : 0.40%
Dash usually starts to gain impressive marketcap gain during bull markets, when the price factor will outweigh the supply factor.
You can compensate for the relatively high Dash supply inflation rate by running a masternode (APY 7.4%) or participathing in a shared masternode/evonode (Crowdnode*) or by running an Evonode (APY 11%), as their APY are all higher then Dash supply inflation rate.
*crowdnode charges certain fees, 20% or 30% of the masternode / evonode rewards i think ? which affect APY, check this for yourself
** all provided APY's are my personal estimates. Estimates are coming from here : https://www.dash.org/forum/threads/google-sheets-masternode-and-evonode-apy.55273/. You can also find APY figures here : https://mnowatch.org/evonodes/
If you have a low price (bear market) and a relatively high circulating supply (high supply inflation rate), then that will cause low marketcap.
Marketcap itself gives no indication of price performance, for that it is better to compare % down from ATH between projects.
I use cryptorank.io for that, with a select number of cryptocurrencies (not tokens)
Unfortunetely Dash has a relatively high supply inflation rate compated to other projects, which forms a factor in calculating marketcap.
Circulating Supply Inflation rate (annual growth of circulating supply in percentage) for Dash and some of its competitors
Dash : 3.70%
Bitcoin : 0.84%
Bitcoin Cash : 0.89%
Monero : 0.80%
ETH : 0.40%
Dash usually starts to gain impressive marketcap gain during bull markets, when the price factor will outweigh the supply factor.
You can compensate for the relatively high Dash supply inflation rate by running a masternode (APY 7.4%) or participathing in a shared masternode/evonode (Crowdnode*) or by running an Evonode (APY 11%), as their APY are all higher then Dash supply inflation rate.
*crowdnode charges certain fees, 20% or 30% of the masternode / evonode rewards i think ? which affect APY, check this for yourself
** all provided APY's are my personal estimates. Estimates are coming from here : https://www.dash.org/forum/threads/google-sheets-masternode-and-evonode-apy.55273/. You can also find APY figures here : https://mnowatch.org/evonodes/
Last edited:
Dear DashBloke,
The person that replied to you is one person who is jaded and just venting the frustration of not handling his investment well. The developers give bi-weekly updates and are extremely transparent, you can see here.
I also strongly encourage you to watch this show from last Tuesday
I also strongly encourage everyone to become a member of the Dashpay subreddit where important updates are posted first before almost another place the link is here. https://www.reddit.com/r/dashpay/
Dans
Active member
Why is Dash's market capitalization so low?
In my opinion, for a cryptocurrency like Dash to gain traction in terms of market capitalization, it mainly needs two things:
Right now, the tools are being laid — at least theoretically — for Dash to start building a growing user base over the coming weeks, months, or even years. Usage of the platform should start attracting new users, even if very slowly. But for that to happen, we first need apps and solutions that draw people in. It’s great that we can create tokens, it’s great to have usernames... all that is good. But it’s not enough on its own.
Let’s remember Dash started out as a fast, cheap coin with optional anonymity. To this day, we’re still fulfilling that mission in a fairly practical way.
So what do I think drove users and investors away from Dash in recent years? From my experience — I’ve been involved in equities, forex, and other markets for over two decades — when I see a project losing market cap despite having solid fundamentals, the main reason is usually uncertainty.
And I think that’s what’s happened here. There’s no clear narrative, no solid horizon to show where Dash is heading. We’ve wandered for a decade: one moment we focus on privacy, then we move away from it; one time we push mining, then we lean towards proof-of-stake. All these shifts hurt the investment perspective.
Was it done poorly? I can’t say for sure. Running a project like this involves tough decisions. Some will be right, others wrong, and only time will tell. Personally, I believe Ryan’s era marked a negative turning point for Dash. However, in the past 3–4 years, I think things have improved — slightly — within the limits of available funding. Maybe if the current team had the same market cap Dash had when it was over $400–500 per coin, they could manage it much better. But now the budget is tight, and we’re, as they say, drowning in shallow water.
Will Dash survive this tough phase, with cuts and scarcity? Tight budget, falling price, low demand, and a constant, high supply — it’s a hard environment. If I were to invest large sums in Dash, I’d think twice. However, as a medium-term option — talking months, not years — I do think Dash could be a smart move. We’ll soon see if the platform’s usability can actually attract new users. Time will tell.
I believe we’ll gain traction and market cap again. Why? Because we are surrounded by useless cryptocurrencies — extremely useless — that are capitalized way above Dash. We all see this daily. Speculation often blinds us to real utility. And I believe Dash has that utility — not just for payments, not just for privacy, but something more.
Now, I’ve been very critical of Dash Core Group. And I believe that if they don’t manage to push these changes, they’ll end up consumed by their own greed. That said, I still think there’s some hope.
When we look at coins like Bitcoin Cash, Dogecoin, or even Monero — coins I’ve followed for a long time — their market usage is fairly limited if you compare their capitalization to Dash’s. Daily transaction volumes tell the story: Dash has between 9,000 and 12,000 daily transactions. Bitcoin Cash is in the same ballpark, yet its market cap is way higher. Monero may have double or even triple the daily transactions, but still, its cap is far above Dash’s.
Does Dash deserve to be down here? In some ways, yes — due to past mistakes and lack of direction. But in other ways, no. Market punishments are hard to undo. We’ll see if traction comes back. I believe that if the price rises — even due to speculation — many will stay because they’ll try the product and realize it’s worth it.
I don’t want to make this any longer. This is, in short, what I believe is happening with Dash. And yes — I do think it can climb significantly in market cap rankings. It doesn’t deserve to be sitting at position 262 on CoinGecko. I’m not saying it should be number 1, obviously, but I do see Dash as a coin that deserves to be in the top 50.
In my opinion, for a cryptocurrency like Dash to gain traction in terms of market capitalization, it mainly needs two things:
- To attract users and investors.
- Real and growing usability.
Right now, the tools are being laid — at least theoretically — for Dash to start building a growing user base over the coming weeks, months, or even years. Usage of the platform should start attracting new users, even if very slowly. But for that to happen, we first need apps and solutions that draw people in. It’s great that we can create tokens, it’s great to have usernames... all that is good. But it’s not enough on its own.
Let’s remember Dash started out as a fast, cheap coin with optional anonymity. To this day, we’re still fulfilling that mission in a fairly practical way.
So what do I think drove users and investors away from Dash in recent years? From my experience — I’ve been involved in equities, forex, and other markets for over two decades — when I see a project losing market cap despite having solid fundamentals, the main reason is usually uncertainty.
And I think that’s what’s happened here. There’s no clear narrative, no solid horizon to show where Dash is heading. We’ve wandered for a decade: one moment we focus on privacy, then we move away from it; one time we push mining, then we lean towards proof-of-stake. All these shifts hurt the investment perspective.
Was it done poorly? I can’t say for sure. Running a project like this involves tough decisions. Some will be right, others wrong, and only time will tell. Personally, I believe Ryan’s era marked a negative turning point for Dash. However, in the past 3–4 years, I think things have improved — slightly — within the limits of available funding. Maybe if the current team had the same market cap Dash had when it was over $400–500 per coin, they could manage it much better. But now the budget is tight, and we’re, as they say, drowning in shallow water.
Will Dash survive this tough phase, with cuts and scarcity? Tight budget, falling price, low demand, and a constant, high supply — it’s a hard environment. If I were to invest large sums in Dash, I’d think twice. However, as a medium-term option — talking months, not years — I do think Dash could be a smart move. We’ll soon see if the platform’s usability can actually attract new users. Time will tell.
I believe we’ll gain traction and market cap again. Why? Because we are surrounded by useless cryptocurrencies — extremely useless — that are capitalized way above Dash. We all see this daily. Speculation often blinds us to real utility. And I believe Dash has that utility — not just for payments, not just for privacy, but something more.
Now, I’ve been very critical of Dash Core Group. And I believe that if they don’t manage to push these changes, they’ll end up consumed by their own greed. That said, I still think there’s some hope.
When we look at coins like Bitcoin Cash, Dogecoin, or even Monero — coins I’ve followed for a long time — their market usage is fairly limited if you compare their capitalization to Dash’s. Daily transaction volumes tell the story: Dash has between 9,000 and 12,000 daily transactions. Bitcoin Cash is in the same ballpark, yet its market cap is way higher. Monero may have double or even triple the daily transactions, but still, its cap is far above Dash’s.
Does Dash deserve to be down here? In some ways, yes — due to past mistakes and lack of direction. But in other ways, no. Market punishments are hard to undo. We’ll see if traction comes back. I believe that if the price rises — even due to speculation — many will stay because they’ll try the product and realize it’s worth it.
I don’t want to make this any longer. This is, in short, what I believe is happening with Dash. And yes — I do think it can climb significantly in market cap rankings. It doesn’t deserve to be sitting at position 262 on CoinGecko. I’m not saying it should be number 1, obviously, but I do see Dash as a coin that deserves to be in the top 50.