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Good news from Dash, a revolutionary digital money system. Even though the prices can easily go back down, this is a significant moment for Dash. Imagine even if you have only 100 Dash coins and they appreciated 20% in a day. This is exciting!!
At Bloconomic 2018, DASH announced a partnership with TriveChain. The forward thinking partnership will allow Dash to integrate their payment system into BizStore, a blockchain market place powered by TriveChain. This integration will enable applications (BizApp) in BizStore to perform payment transactions not only using Trivecoin but Dash coins too.
On August 28, 2018, the total market value of digital currency based on Coinmarketcap was $225.8 billion, with a volume of $12.4 billion in 24 hours. Both volume and market value rebounded from the previous day. The turnover was 1.8 billion dollars, which is equivalent to an overall turnover rate of 5.5%.
DASH rebounded by 29.6% in one day, but BCH rose less than 5%.
Why caused DASH’s appreciation?
From the top 20, the single-day rebound was the highest for DASH, with a gain of 29.6% on August 27.
Why DASH has the strongest gain?
Many promising developments are following DASH. First, their payment partnership with Trivechain. Second, their strategic partnership with Kripto Mobile to expand their user base in Latin America. The partnership includes launching a new line of cryptocurrency-enabled mobile phones. This partnership will expand Dash usage as a currency, with an excellent timing to capitalize on mass adoption in Venezuela. 1,033 merchants have listed on DiscoverDash in Venezuela to accept Dash payments, as of writing.
What other coins are worth paying attention to?
We say that the volume of transactions are magnified, it must not be a false volume. Even if it is a false volume, in contrast, the more significant the volume of the currency, the potential for overselling rebound would be even greater.
DASH showed a low-cost area in the case of a significant overselling. This shows that the main investors that bought DASH does not care about the cost, but to pay attention on the low-priced purchase. The conclusion is that these development updates and new partnership announcements for dash created more value for the crypto currency. As they expand rapidly into mass adoption, we are sure the price of DASH will continue to rise.”
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