Bitcoin (BTC) might be the most valuable digital currency in the market, but that doesn’t make it free from flaws and limitations. There is so much hype about bitcoin, but is the hype justified? With the increase of altcoins in the digital currency space, investors are provided with a lot of options, which might be a threat to the ascendancy of bitcoin.
Talking of promising altcoins in the market, Dash (DASH) is definitely a cryptocurrency to look out for. Dash was launched in 2014, and it has grabbed the attention of most investors since its launch. Dash is currently the thirteenth most valuable digital currency in the world, and it has broken into the $1 billion club.
In addition to its major point of attraction, which is fast transaction speed, the digital currency also has a lot of amazing features, including user anonymity. In this article are some of the reasons why Dash might outperform Bitcoin in the coming year.
Bitcoin vs. Dash
A slight insight into the price trend so far shows that this year hasn’t really been friendly with Bitcoin (BTC) as well as other digital currencies in the market. Bitcoin also has some limitations, including slow transaction speed. As a result of this, some enthusiasts and investors see Dash as a viable alternative to BTC. Listed below are some of the reasons why:
- Dash (DASH) is faster than Bitcoin (BTC)
- Dash (DASH) is less expensive than Bitcoin (BTC)
- Dash is nourished by an active community
- The privacy features of Dash will put bitcoin to shame.
Price Prediction of Dash (DASH) 2018
Just like other coins in the market, the price performance of dash has not been stable, as it lost some of its value in the first quarter of the year. Nevertheless, the value of the coin has started gathering momentum in the market.
It is almost impossible to predict what the future holds for the coin, but if the industry experts are right, the value of the coin might get to $1,500 by the end of this year.
Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.
