Dash Price Prediction 2024: What Next for Veteran DASH Blockchain?

Key Takeaways

• Dash’s DASH coin is one of the oldest crypto to have debuted on the market.
• It fell recently and it’s far from its all-time high hit in 2018.
• One price prediction expects it to reach $72.09 in 2025.

One of the oldest cryptocurrency on the market, Dash (DASH), has recently announced  a partnership with Crypto APIs, a blockchain infrastructure provider and development platform which provides tools to build, scale, and optimize blockchain projects, including blockchain data, blockchain events, nodes-as-a-service, noncustodial wallets, blockchain automation, xPUB sync, and much more.

Crypto APIs recently integrated Dash as a supported blockchain, and we’re happy to have their services available for our partners to use

Dash did not immediately respond to a request for comment.

But what is Dash (DASH)? How does It work? Let’s find out, and we can also look at some of the Dash Price Predictions that were being made as of April 18, 2024.

Dash Coin Price Prediction

Let’s examine some of the Dash price predictions made on April 18, 2024. It is crucial to remember that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate. Additionally, please remember that many long-term crypto price predictions are generated using algorithms, which means they can change at any time.

First, CoinCodex  had a short-term Dash price prediction that saw the coin go to $30.02 by April 23 before jumping to $27.76 by May 17. The site’s technical analysis was highly bearish, with five indicators sending bullish signals and 26 making a discouraging one.

Dash Price Prediction for 2024

DigitalCoinPrice  said Dash would reach $61.56 this year, while Changelly  expects it to be at $32.14, and PricePrediction.net  said DASH would close the year at $41.63. 

Dash Price Prediction for 2025

PricePrediction.net said Dash would reach $63.34 and Changelly sees it at $59.78. DigitalCoinPrice said DASH would trade at $72.09.

Dash Price Prediction for 2030

Moving on to a more long-term Dash price prediction, Changelly said the coin would be worth $364.44 in 2030 and PricePrediction.net expects it to be $382.96. DigitalCoinPrice made a DASH price prediction of $210.24 at the start of the next decade.

Google Gemini AI Price Prediction for Dash (as of April 18)

Google’s Gemini AI platform gave the following price prediction for Dash on April 16. Please remember that the exact price prediction of an asset or cryptocurrency in the future is nearly impossible to achieve. Additionally, artificial intelligence price predictions are predicated on past performances and are not entirely accurate.

Short Term (Next three months)

• Expected price: $35

• Factors to Consider:
  • Market Sentiment: Broader positive sentiment towards the cryptocurrency market could push Dash’s price upwards. Conversely, negative sentiment could lead to a price decline.
  • Technical Analysis: Technical indicators like moving averages and Relative Strength Index (RSI) can provide insights into potential price movements. Analyzing historical charts of Dash might suggest price targets within this range.
  • News and Events: Major news events related to Dash or the cryptocurrency industry as a whole can significantly impact its price.

Medium Term (Next six months)

• Expected price: $40

• Factors to Consider:
  • Current Downtrend: The broader cryptocurrency market is experiencing a downtrend, which could put downward pressure on DASH in the short term.
  • Limited Upside Potential: Some analysts predict limited upside potential for DASH in the next 6 months.
  • Developments and Adoption: Positive developments within the Dash ecosystem, like increased adoption or new features, could lead to a price increase.
  • Market Volatility: The cryptocurrency market is inherently volatile, and unexpected events could significantly impact DASH’s price in either direction.

Long Term (Next five years)

• Expected price: Not Available

• Factors to Consider:
  • Overall Cryptocurrency Market Trends: The health of the broader cryptocurrency market will significantly impact Dash’s price. A bullish market could see Dash rise above the predicted range, while a bearish trend could push it lower.
  • Privacy Coin Adoption: Increased interest in privacy-focused cryptocurrencies could drive Dash’s price upwards.
  • Dash Development and Adoption: New developments or partnerships within the Dash ecosystem could attract more users and investors, potentially increasing the price.
  • Regulations: Regulatory changes or crackdowns on privacy coins could negatively impact Dash’s price.

Dash Price History

Let’s now look at some of the highlights and lowlights of the Dash price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when it comes to either making or interpreting an Dash price prediction. 

Dash is one of the oldest crypto to have debuted on the market. When DASH first came onto the open market in February 2014, it was worth $0.3311. It then jumped to its all-time high of $1,266.43 in January 2018, before decreasing again to around $100 for the following years.

It ended 2023 at $42, before moving down in the first four months of 2024, being worth $27.78 on April 18, 2024.

At that time, there were 11.8 million DASH, representing the total supply. This gave Dash a market cap of about $326.5 million, making it the 181st largest crypto by that measurement.

Is Dash a Good Investment?

It is hard to say. The coin has been around for a very long time.

As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in Dash.

Will Dash go up or down?

No one can really tell right now. While the Dash crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can, and do, go down as well as up. 

Should I invest in Dash?

Before you decide whether or not to invest in Dash, you will have to do your own research, not only on DASH, but on other, related, coins and tokens such as Ethereum (ETH) and Solana (SOL). Either way, you will also need to make sure that you never invest more money than you can afford to lose.

Dash (DASH) Explained

How Dash Works

Dash Attention Tracker

Here is a chart for the Dash Google search volume for the past 90 days. This represents how many times the term “Dash DASH” has been Googled over the previous 90 days.

FAQs

Disclaimer

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

About the Author

Giuseppe Ciccomascolo

Giuseppe Ciccomascolo began his career as an investigative journalist in Italy, where he contributed to both local and national newspapers, focusing on various financial sectors. Upon relocating to London, he worked as an analyst for Fitch's CapitalStructure and later as a Senior Reporter for Alliance News. In 2017, Giuseppe transitioned to covering cryptocurrency-related news, producing documentaries and articles on Bitcoin and other emerging digital currencies. He also played a pivotal role in establishing the academy for a cryptocurrency exchange website. Crypto remained his primary area of interest throughout his tenure as a writer for ThirdFloor.

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