{"id":16827,"date":"2017-02-12T00:00:00","date_gmt":"2017-02-11T16:00:00","guid":{"rendered":"https:\/\/www2019.dash.org\/2017\/02\/12\/why-dash-dislodged-ethereum-classic-from-number-6-place-on-coinmarketcap\/"},"modified":"2021-09-18T11:40:07","modified_gmt":"2021-09-18T11:40:07","slug":"whydashdislodgedethereum","status":"publish","type":"post","link":"https:\/\/www.dash.org\/news\/whydashdislodgedethereum\/","title":{"rendered":"Why Dash Dislodged Ethereum Classic From Number 6 Place On CoinMarketCap"},"content":{"rendered":"

In the midst of the current altcoins price fall, Dash proved resilient by dislodging Ethereum Classic from the number six spot on the top 10 CoinMarketCap list.<\/p>\n

In fact, this already happened last week but it lasted briefly with Ethereum Classic fighting back and gaining its composure. This time around, it looks like Dash has come to stay at number six and even move up.<\/p>\n

What propels Dash
\nRyan Taylor aka Baby Giraffe, Director of Finance at Dash, explains:<\/p>\n

\u201cI wouldn\u2019t take anything away from Ethereum Classic, which has had a fantastic week as well. I think the market is developing a much deeper appreciation for the power of our economics, which ensures our budget expands as our price grows. This is allowing us to hire more business development staff and more programmers to continue our rapid growth. We are also more effectively getting our message out about why we feel the overall user experience is our strategy and why that will deliver superior results.\u201d<\/p>\n

Evolution is coming
\nBaby Giraffe told Cointelegraph there is similarly significant excitement surrounding the release of version 12.1, Dash\u2019s first major software release in 18 months.<\/p>\n

It represents a major step toward their landmark creation, Evolution, which is due late this year or early next year. To the Dash team, there are many reasons to be excited about Dash right now.<\/p>\n

\u201cI publicly predicted at the beginning of the year that Dash would vastly outperform the cryptocurrency space as a whole this year and end the year within the top four in terms of market cap,\u201d Baby Giraffe recalled. \u201cWe are obviously off to a great start toward achieving that but market cap is an outcome of executing a sound strategy and it is that strategy that the entire team is focused on delivering. We don\u2019t hype our coin or attempt to trash our competitors. The culture here is rather one of being heads-down in solving problems and delivering a great product. We believe the market cap will follow.\u201d<\/p>\n

Team excited
\nAccording to Baby Giraffe, Dash is adding a tremendous number of talented individuals to the team right now and the environment is electric.<\/p>\n

\u201cIt feels exactly like a well-funded fast-growing startup in which everyone knows we\u2019re working on the world-altering technology. And we\u2019re implementing it in a way that will have maximum impact on the world by making that technology relevant to everyday people. I\u2019m simply honored to be here and my sense is that most everyone feels much the same way.\u201d<\/p>\n

He assured the crypto community and holders of Dash that the team is working incredibly hard to deliver a product that will redefine the cryptocurrency space. \u201cWe have all the resources we need to achieve our goals and a highly professional and driven team working toward a shared vision. With that combination, I don\u2019t think our investors and users will be disappointed,\u201d the Director of Finance concluded.<\/p>\n

https:\/\/cointelegraph.com\/news\/why-dash-dislodged-ethereum-classic-from-number-6-place-on-coinmarketcap<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In the midst of the current altcoins price fall, Dash proved resilient by dislodging Ethereum Classic from the number six spot on the top 10 CoinMarketCap list.<\/p>\r\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[216],"tags":[],"acf":[],"yoast_head":"\nWhy Dash Dislodged Ethereum Classic From Number 6 Place On CoinMarketCap - Dash<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dash.org\/news\/whydashdislodgedethereum\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Dash Dislodged Ethereum Classic From Number 6 Place On CoinMarketCap - 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