Crypto -- Dash Is Undervalued
The Coin Remains One of Crypto's Better Investments.
Bitcoin is the best crypto investment in my opinion. (Full disclosure: I own Bitcoin and Dash.)
But until the Lightning Network becomes widespread, Dash (currently 54th in market cap in the crypto-verse) is a faster means of exchange. It is also an excellent, undervalued investment opportunity. Consider:
Dash InstantSend feature has a transaction speed of under 2 seconds. With this transaction speed, even the spread of the Lightning Network might not be enough to dislodge Dash-centric local usage by merchants. This transaction speed greatly exceeds that of many major cryptocurrencies.
Dash has Chainlocks that deter 51% attacks. The security feature makes Dash transactions permanent and irreversible on its blockchain within 2 minutes and 30 seconds — again, much faster than many major cryptocurrencies.
Dash has proof of work mining which lends itself to more decentralization than pure proof of staking coins.
Its daily volume routinely exceeds several coins with bigger market caps in the crypto-verse. For example, within the last 24 hours, Dash’s daily volume of roughly $393 MM exceeds the daily volume of AMP (#50 in market cap), Maker (#39), and Monero (#31) among others.
Dash has superior apps most coins can’t match. For example, research dashdirect.org and craypay.com in which Dash has an ownership interest. See also https://blog.liquid.com/quick-exchange-dash-app
Dash has an active, large community. Twitter’s @dashpay has more than 400,000 followers. https://twitter.com/Dashpay
Dash continues to be popular in Venezuela, which remains plagued by inflation. https://www.nasdaq.com/articles/why-does-this-country-have-the-third-highest-cryptocurrency-usage-2021-05-20
Dash now has an agreement with African exchange Naijacypto which has expanded Dash’s reach to Haiti where the people can buy Dash using their local currency. The news was overshadowed by the recent assassination of Haiti’s President Jovenel Moise. It is major news that could quickly spread use of the cryptocurrency as a means of exchange throughout the island. https://bitcoinke.io/2021/06/dash-partnership-with-naijacrypto/
Celsius Network is currently paying 4.6% interest on Dash deposits. Voyager is paying 3% interest.
Bottom Line: Dash remains one of the best investments in crypto.