(More on mining shortly.) If you have been following this coin for longer than two years, you may still remember it for its old name. Dash users can buy and sell Dash on a cryptocurrency exchange, use it to send and receive payments for products and services, or mine it for a reward. What Is Dash? Dash is a peer-to-peer cryptocurrency that allows users to conduct financial transactions directly without the interference of a central authority. Stay tuned for my Dash price prediction 2020, which follows right afterwards. Just in case you don’t have the slightest idea what I’ve been talking about so far, here’s an express crash course on Dash cryptocurrency-without all the crypto-jargon, I promise. So although the average cryptocurrency investor doesn’t see much difference in Dash and other altcoins, he/she feels tempted to put his/her money on Dash. The team behind Dash has actively promoted this cryptocurrency as a faster, cheaper, and more efficient alternative to Bitcoin. But how exactly did Dash make this possible? Well, you have to give it up to the team of developers behind it. You would have turned it into $50,000 by now! Chart courtesy of The quadruple-digit gains in Dash coin prices are certainly tempting for new cryptocurrency investors. Say, you had invested a meager $1,000 in Dash at the beginning of this year. Take a peek at the Dash price chart below. Believe it or not, but Dash’s year-to-date performance beats Bitcoin’s by a significant margin. The Dash to USD price, which ended the prior year at roughly $11.00, recently touched its all-time high of around $650.00. In fact, this whole year has been remarkable for Dash. Dash prices have skyrocketed after the news, giving it a lead over other popular altcoins like NEO and Monero. In a partnership with KuvaCash, the program is being touted as an initiative undertaken to “fight inflation in Zimbabwe with cryptocurrency.” (Source: “ Dash Forms Partnership With KuvaCash to Fight Inflation in Zimbabwe with Cryptocurrency ,” CrowdFund Insider, November 21, 2017.) This brings us full circle to where we started. Dash has just launched a pilot program in Zimbabwe to promote itself as an alternative store of value and medium of exchange (in other words, money). The current economic conditions in Zimbabwe are becoming perfectly conducive to an alternative currency taking over as the country's basic monetary unit. All of these developments hint on one thing. On Zimbabwe’s most popular cryptocurrency exchange, Golix, one bitcoin is now selling for nearly double its U.S. The world’s most famous cryptocurrency, Bitcoin, is leading the way as Zimbabweans pay high premiums to secure these crypto coins. Believe it or not, cryptocurrencies are turning out to be the prime options. Meanwhile, political tensions in the country are now forcing Zimbabweans to look for safe-haven investments. dollar as its official currency, but even that is now in short supply. Zimbabwe ditched its own currency back in 2009 after hyperinflation in the country turned it worthless. In case you’ve been living under a rock, Zimbabwe is one of the few countries in the world that doesn’t have a currency of its own. Wait, why am I discussing global politics here? I’ll tell you why. The biggest economic challenge the new government faces is finding a monetary unit. The country, which is marred by high poverty and unemployment rates, is facing a serious economic crisis. In the southern African country of Zimbabwe, political tensions recently peaked after a military coup ended President Robert Mugabe’s 37-year-long rule. To find an answer to that, read on for what makes Dash to special, followed by my Dash price prediction 2020. That leaves us wondering if Dash is set to dethrone another cryptocurrency and move higher on the leaderboard. Dash Price Prediction 2020: Where Is Dash Heading Next? Dash has beaten Litecoin to become the sixth most valuable cryptocurrency in the world, after Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), and IOTA (MIOTA) in that order. 08:54:58 dash price forecast 2020 dash price prediction 2020 dash prices dash coin prices dash price chart dash to usd dash cryptocurrency dash coin wallet dash vs bitcoin vs ethereum what is dash dash mining Dash is now the seventh-largest cryptocurrency market cap and the Dash price prediction 2020 suggests that Dash is aiming for the top five spots. Dash Price Prediction 2020: Can Dash Surpass Bitcoin, Ethereum Valuation?
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