Dash (DASH) price prediction 2021

What might the future hold for the price of Dash?

Updated

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Launched in 2014, Dash (DASH) is an altcoin with a focus on privacy and fast transactions. As one of the top 20 biggest cryptocurrencies by market cap at the time of writing, Dash has attracted plenty of interest from crypto enthusiasts around the world.

However, in a highly competitive market known for its volatility, you’ll need to assess whether Dash is well placed to rise in value before deciding whether you should buy any coins. To do that, we need to take a closer look at how Dash works and the challenges and opportunities it will encounter in the months and years ahead.

Learn more Where to buy Dash (DASH)

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Quick facts

Dash

Coin nameDash
SymbolDASH
Algorithm typeX11
MineableYes
Launch date18 January 2014 (as XCoin)

Rebranded to Darkcoin on 18/01/2014 and then to Dash on 25/03/2015

Dash price prediction

Predicting the future price of any cryptocurrency is difficult. Not only are cryptocurrencies complicated and highly volatile, but their prices can be impacted both positively and negatively by a wide range of variables.

The table below outlines some of the key factors you’ll need to assess when calculating what the future holds for Dash:

What could drive Dash’s growth?

  • Supply. The maximum supply of Dash is capped at 18,900,000. According to CoinMarketCap, the circulating supply of the coin at the time of writing (07/03/2018) was 7,930,891 DASH. This limited supply could potentially result in increased demand in the future.
  • Demand. The popularity of privacy coins shows that there is a demand among the crypto community for currencies that offer security and anonymity. Fast and affordable transactions are also sought after, and these are all areas which Dash aims to tackle.
  • PrivateSend and InstantSend. Dash’s InstantSend feature allows payments to be confirmed in under a second, while PrivateSend mixes your transaction inputs with those of other users to obscure the origins of your funds and protect your privacy.
  • Advantages over bitcoin. Dash is able to offer faster and cheaper transactions than bitcoin, the world’s biggest and most visible cryptocurrency. This could increase its legitimacy in the eyes of the general public.
  • Accessibility. Dash is listed on an extensive range of cryptocurrency exchanges and can also be purchased directly with several fiat currencies. This makes it easily accessible to cryptocurrency newcomers and also helps improve public perceptions of its credibility.
  • Voting system. The Dash network features an autonomous governance system that allows anyone to submit a proposal to the community, and that proposal is then voted on by Dash’s network of more than 4,000 masternodes. 10% of the block reward is set aside to fund these development projects.
  • Merchant acceptance. Dash is already accepted as a form of payment by a number of merchants – you can check out the full list on the Dash website. If more companies start accepting Dash, this could potentially drive up demand.
  • Active community. Dash is also backed by an active community of users that engage with the project. To take a look at what's going on, check out the currency’s Reddit.

What could hold Dash back?

  • Lack of widespread adoption. A key barrier to the success of any cryptocurrency is its ability (or otherwise) to achieve widespread adoption. While many cryptocurrencies aim to offer a viable alternative to fiat currency, a world in which the wider community sees them as such is still some way off.
  • Competition. One key factor that could impact on demand for Dash is competition from other peer-to-peer cryptocurrencies designed to offer privacy and/or fast and affordable transactions. Expect Dash to face competition from bitcoin, Monero, Bitcoin Cash and Litecoin, among others.
  • Bitcoin improvements. While we’re on the topic of Dash’s competitors, the bitcoin community is looking at several proposals and developments (for example Lightning Network) designed to help overcome its scalability problems. If successful, these could impact the price of Dash.
  • Bitcoin price drops. Dash is most commonly listed in currency pairings with bitcoin (BTC) on cryptocurrency exchanges. As a result, like many other cryptocurrencies, its price is closely linked to the performance of bitcoin.
  • Association with criminal activities. Every coin that aims to offer private transactions unavoidably develops associations with illicit activities. For example, in February 2018 a Europol spokesperson listed Dash as one of the most popular cryptocurrencies among criminals.

Where to buy Dash (DASH)

Name Product Deposit methods Fiat Currencies Cryptocurrencies
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, POLi, PayID
AUD

234
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 150 cryptos.
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD

225
cryptocurrencies

Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Binance Cryptocurrency Exchange Australia
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

263
cryptocurrencies

Finder Exclusive: Get $5 cashback when you make your first PayID/Osko deposit on Binance.com/au.
Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
Digital Surge Cryptocurrency Exchange
Bank transfer, POLi, Osko, PayID
AUD

225
cryptocurrencies

A digital exchange based in Brisbane where users can pay in AUD to buy their BTC.
eToro Cryptocurrency Trading & CFDs
Bank transfer (ACH), PayPal
EUR, GBP, NZD, USD, AUD, CAD, HKD, SGD, CHF, NOK & 5+ more

16
cryptocurrencies

Disclaimer: Volatile investment product. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Copy the trades of leading cryptocurrency investors on this unique social investment platform. $1,000 minimum deposit.
Easy Crypto Cryptocurrency Exchange
Bank transfer (ACH)
AUD

53
cryptocurrencies

Easy Crypto is a simple way to buy and sell a range of cryptocurrencies, straight to and from your own crypto wallet.
Cointree Cryptocurrency Exchange
Bank transfer (ACH)
AUD

132
cryptocurrencies

Buy 100+ cryptocurrencies using POLi, cash or Electronic Funds Transfer.
Crypto.com App
Bank transfer, BPAY, Osko, PayID, NPP, Credit or Debit Card
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

66
cryptocurrencies

Buy 55+ cryptocurrencies at true cost, earn up to 8% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Poloniex Digital Asset Exchange
Bank transfer (ACH)
USD, EUR, AUD, CAD, CHF, CZK, DKK, GBP, HUF, ILS & 20+ more

115
cryptocurrencies

Trade various coins through a global crypto to crypto exchange based in the US.
Bittrex Global
Bank transfer (ACH)
USD

278
cryptocurrencies

Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
CEX.IO Cryptocurrency Exchange
Bank transfer (ACH)
USD, EUR, GBP, RUB

22
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
Use your USD, EUR or RUB to buy and sell cryptocurrency at competitive exchange rates and with high maximums for verified accounts.
Bitfinex Professional Trading Exchange
Bitfinex Professional Trading Exchange
Cryptocurrency
USD, EUR, GBP, JPY

164
cryptocurrencies

Cryptocurrencies are a highly volatile investment product. Your capital is at risk.
Spot trade all of the major cryptos on this full-featured exchange and margin trading platform.
CoinSwitch Cryptocurrency Exchange
Bank transfer (ACH)
USD, JPY, RUB, EUR

387
cryptocurrencies

CoinSwitch allows you to compare and convert over 250 cryptocurrencies across all exchanges.
Changelly Crypto-to-Crypto Exchange
Bank transfer (ACH)
USD, EUR, GBP, AUD, CAD, CHF, HKD, JPY, PHP, ZAR & 30+ more

146
cryptocurrencies

Access competitive crypto-to-crypto exchange rates for 150+ cryptocurrencies on this global exchange.
YoBit Cryptocurrency Exchange
Bank transfer (ACH)
USD, RUB

1427
cryptocurrencies

Pay in USD, RUB or trade crypto to crypto at this Russian-based cryptocurrency exchange with hundreds of coins listed.
Bibox Cryptocurrency Exchange
Cryptocurrency
EUR, GBP

111
cryptocurrencies

Trade crypto to crypto with a choice of over 100 currencies on this global exchange based in China.
KuCoin Cryptocurrency Exchange
Bank transfer (ACH)
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

210
cryptocurrencies

Finder Exclusive: Get up to 10 USDT in trading fee rebates for signing up and making a deposit, and up to 30 USDT in trading fee rebates after buying with fiat. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
BitBay Cryptocurrency Exchange
Bank transfer (ACH)
USD, EUR, PLN, GBP

41
cryptocurrencies

This Polish-based exchange offers a variety of accessible payment methods, including Express Polish Post Office 24/7 service and Express DotPay.
Kraken Cryptocurrency Exchange
Bank transfer (ACH)
USD, EUR, GBP, JPY, CAD, CHF, AUD

53
cryptocurrencies

Buy, sell and trade a range of digital currencies on this high-liquidity exchange – suitable for beginners right through to advanced traders.
HitBTC Multi-currency Exchange
HitBTC Multi-currency Exchange
Bank transfer (SEPA), SWIFT
USD, EUR

212
cryptocurrencies

Buy crypto with fiat (USD/EUR) and trade over 150 other digital assets on this Europe-based exchange platform.
Huobi Cryptocurrency Exchange
Cryptocurrency
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

290
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
Indacoin Cryptocurrency Exchange
Bank transfer (ACH)
USD, EUR, RUB

158
cryptocurrencies

Use your credit or debit card to buy bitcoin and other cryptocurrency without having to verify your identity.
CoinField Cryptocurrency Exchange
Bank transfer (ACH)
USD, EUR, CAD, GBP, JPY, AED

24
cryptocurrencies

Canadian-founded Bitcoin and cryptocurrency exchange available in 193 countries.
Liquid Cryptocurrency Exchange & Margin Trading
Bank transfer (ACH)
AUD, EUR, JPY, USD, SGD, PHP, HKD

132
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
Liquid is a unified, globally-sourced trading platform that bridges the worlds of fiat and crypto.
Bithumb Cryptocurrency Exchange
Bank transfer (ACH)
KRW

118
cryptocurrencies

A global platform where users can make KRW and cryptocurrency deposits to purchase up to 15 popular cryptocurrencies.
Coinbase Pro
Bank transfer (ACH), Bank transfer (SEPA), Wire transfer
USD, EUR, GBP

27
cryptocurrencies

Formerly known as GDAX, Coinbase Pro is a US-based exchange which offers fiat currency payment options, including wire transfer, ACH bank transfer and SEPA.
OKEx Cryptocurrency Exchange
Bank transfer (ACH)
USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP & 20+ more

269
cryptocurrencies

Listing over 100 cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from.
Bitit Cryptocurrency Marketplace
Bank transfer (ACH)
EUR, USD, JPY, DKK, GBP, SEK, NOK, TRY & 5+ more

50
cryptocurrencies

Buy cryptocurrency with cash or credit card and get express delivery in as little as 10 minutes.
ShapeShift Cryptocurrency Exchange
Cryptocurrency
-

51
cryptocurrencies

Quickly swap between more than 40 cryptocurrency assets or use your credit card to instantly buy bitcoin.
Hotbit Cryptocurrency Exchange
Hotbit Cryptocurrency Exchange
AdvCash, Cryptocurrency, Payeer, Perfect Money
USD

512
cryptocurrencies

A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.
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Compare up to 4 providers

Read our step-by-step guide to find out more about buying Dash

What’s coming up in Dash’s roadmap

To find out how a coin’s price is going to move in the future, take a look at the technological upgrades and releases scheduled in its roadmap. Dash’s roadmap reveals that the key development in the coming months will be the launch of Dash Evolution.

Evolution is an API and mobile app designed to be a user-friendly and scalable digital currency platform suitable for mass adoption. It will allow any user to set up an account on the blockchain, add contacts and pay them by name, as well as make one-click purchases through websites or mobile apps.

Evolution is set to be launched in three stages, with the alpha stage scheduled for June 2018.

Dash’s competition

The performance of Dash’s competitors may influence the future price of this coin, either positively or negatively. When forecasting future Dash price changes, remember to consider how Dash compares to its key competitors, including:

  • Bitcoin (BTC). The world’s biggest cryptocurrency has a big influence over the performance of the digital currency market in general. It also faces some key challenges in the months and years ahead as it battles to solve problems with scalability.
  • Bitcoin Cash (BCH). Created in 2017, this hard fork of bitcoin aims to offer faster transaction speeds and lower fees than its older brother.
  • Monero (XMR). Designed to be secure, anonymous and untraceable, Monero is a privacy coin that uses several methods to anonymise transactions.
  • Litecoin (LTC). Designed to be faster and cheaper than bitcoin, Litecoin was launched in 2011 and is one of the world’s top 10 cryptocurrencies by market capitalisation at the time of writing.
  • Nano (NANO). Originally known as RaiBlocks, Nano aims to offer zero fees, instant transactions and infinite scalability.
  • PIVX (PIVX). A hard fork of Dash, PIVX was developed with the aim of providing anonymous, fast and low-fee transactions.
  • Zcash (ZEC). Another cryptocurrency focused on privacy and protecting user identities, Zcash is built on top of bitcoin’s core code.

Beyond 2021: What does the future hold for Dash?

Cryptocurrency price predictions are highly speculative, so it’s impossible to say with any amount of certainty what level of growth we can expect from Dash in the next 12 to 18 months.

However, what we do know is that the release of Dash Evolution will be a crucial milestone. Evolution is an important stepping stone on the road to providing an easy-to-use and instant cryptocurrency payments platform, so the success of the platform could have a big impact on Dash’s price.

Evolution will be a huge factor in Dash’s efforts to break into the mainstream and achieve widespread adoption. However, the Dash project will face stiff competition from a long list of other digital currencies, including everything from privacy coins to others focused on fast and cheap transactions, and this competition is a major obstacle that will need to be overcome.

Dash is well placed to continue its steady growth and continue working towards its goal of becoming the most user-friendly and scalable payments-focused cryptocurrency in the world. Of course, whether or not it can achieve that goal remains to be seen.

Bottom line

The most important thing to remember if you’re thinking about buying Dash is to do your research first. While Dash’s accessibility, transaction speed, privacy features and governance system are all big advantages, the challenge to fight off the competition and become the number-one digital cash system is a big one.

Monitor news and announcements of the Evolution project closely, and remember to carefully assess all the factors affecting the price of Dash before deciding whether this coin is worth buying.


Images: Shutterstock

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
At the time of writing, the author holds IOTA and XLM.

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