Dash coins have crossed the $1 trillion market cap mark today.
The Dash Network’s first blockchain has been launched, and users have been able to trade in a handful of Dash tokens including ether, ether-based coins, and Bitcoin Cash.
The cryptocurrency is currently trading at a low valuation of around $200, and has been trading around $40 per coin.
Dash has seen some meteoric growth in recent months, with the cryptocurrency making its way from the $3.7 billion market cap of Ether to the $5.7 trillion market capitalization of Dashcoin.
Dashcoin has seen significant gains in the past few months, and it has now overtaken Bitcoin Cash to become the largest cryptocurrency.
As of today, Dashcoin has more than $1.5 billion worth of Dash.
Bitcoin is still king, but Dashcoin is now catching up with Bitcoin, and this will continue to happen over the coming months.
With the release of the Dashcoin blockchain, it is hoped that it will continue its rapid rise over the next several months.
The blockchain that will underpin Dashcoin’s future is the Bitcoin blockchain, and will be used for future transactions.
It is unclear how long this will take, but the future of Dash is looking bright.
Source: Business Insider