Predicting DasCoin Price in March 2018: Key Milestones and Market Potential
DasCoin, known as Dash, has evolved significantly since its inception. Understanding the factors driving its price behavior and predicting its trajectory involves a comprehensive analysis of its technological advancements, market acceptance, and upcoming milestones.
The Evolution of Dash Coin
Dash, initially perceived as suspicious and primarily targeting criminal use, swiftly transformed into a respected and successful cryptocurrency. By May 2017, Dash reached a milestone market cap of $1 billion and received official recognition from the blockchain community. In 2017, Dash experienced an impressive growth rate of over 4900%, reaching a high of $1.279. This significant rise was largely attributed to its robust decentralized infrastructure and the active involvement of the Dash Ecosystem.
Key Technological Advancements
Several technical attributes make Dash highly resilient and user-friendly. With 5000 Masternodes operational, its decentralized network ensures robust security through Chainlocks, which prevent 51% attacks.
Unlike other cryptocurrencies, Dash has an advantage in terms of decentralization and security, traits that are highly valued in a competitive market. Its anonymity features and faster transaction times offer a competitive edge over other coins such as Bitcoin, making Dash a desirable option for everyday consumers.
Market Perception and Future Growth
Despite Dash's strong features, it faces the challenge of market perception. The coin is often overshadowed by more hyped cryptocurrencies like Ethereum or Bitcoin. However, the acceptance and usage of Dash have grown significantly, leading to increased market potential. The recent growth in price charts for Dash is indicative of a healthy market trend.
Upcoming Milestones and Market Expectations
The immediate future for Dash is marked by several key milestones.
March 24, 2018: The anticipated launch of the first external exchange. This move is likely to increase liquidity and accessibility for Dash, thereby positively impacting its price.
March 31, 2018: The imminent launch of DasPay, offering a direct Visa/MasterCard network integration. This feature will enable users to utilize Dash coins through a familiar payment method, enhancing daily usability and broadening the adoption rate.
These milestones are expected to drive the market's appreciation of Dash, leading to rising rates as more users embrace the coin for everyday transactions.
Conclusion
Given these key factors, it is reasonable to predict that Dash (DasCoin) will continue its upward price trajectory in March 2018. The technological advancements, the upcoming milestones, and the growing user base all contribute to a positive outlook for the coin. Investors and users who see the value in Dash’s decentralized and secure network are well-positioned to benefit from its future success.