Our Dash Price Forecast For 2018

We have received many requests from readers to publish a Dash Price Forecast for 2018, especially after we covered Bitcoin, Ethereum, Litecoin and Ripple.

The timing is interesting as well since last week, Dash reached the 1000 USD which is a major milestone for this cryptocurrency that was launched in 2014.

So what is next for Dash? More upside potential? A Dash price crash in 2018? Let’s deep-dive into that question.

In order to derive our Dash price forecast for 2018 we will base our perspective on the intrinsic value of Dash compared to other cryptocurrencies, the cryptocurrency sector as a whole and, most importantly, the price chart of Dash.

What is Dash and its value proposition

We have a positive stance on Dash at InvestingHaven for the following reasons:

It is a decentralized Anonymous Organization (DAO) structured in a way that allows them to count on both volunteer members as well as dedicated developers continuously working on the network through decentralized governance. For each block mined, 10% goes to funding the treasury.

Dash is built on C++, a reliable language with many proficient programmers so there is no shortage of talent.

The Dash ecosystem is structured in a way that splits the governance from the mining: Miners handle the creation of new blocks. Masternodes are in charge of governance and the execution of Dash payment services, Instasend and Privatesend.

Instantsend An extremely fast almost instant transactions at a much faster and lower cost than other cryptocurrencies especially relative to Bitcoin. Since Dash is initially the result of a Litecoin hard fork, it’s actually built on solid code similar to Bitcoin with a faster confirmation time and scalability like Litecoin.

Privatesend An interesting feature offered by Dash allowing users to make their transactions anonymously and non traceable as opposed to public transactions carried on the Blockchain Network. Anonymity is an important feature that was key to sending Monero and Zcash price to new heights and we saw the same happen with Ethereum when they announced Ethereum’s enhanced Anonimity.