— Dash coin prices jumped as new demand reached record highs Monday, with the value of the cryptocurrency soaring as it was priced near $1,100.
The value of Dash has soared more than 50 per cent since last week, hitting a high of $1.052 per Dash, according to CoinMarketCap.
This is an increase of more than 40 per cent compared to a day earlier, according a CoinMarketView analysis of data collected by CoinMarketcap.
At the time of writing, Dash was trading around $1 in a range of $900 to $1 for the coin.
Dash, the first crypto-currency, was launched in 2016 and has since gained traction in a market dominated by Bitcoin, which has seen the value rise by hundreds of per cent.
While the cryptocurrency has seen a dramatic increase in value in recent months, it has not reached the same level of success as Bitcoin as it has seen its price soar over the past few months.
In November, the price of Dash plunged to less than $200, before rebounding to over $500.