DASH (Dash) rose 3.66% in the last 24 hours.

Gate News Bot news, on October 31, according to CoinMarketCap data, DASH is currently priced at 48.15 USD, with a rise of 3.66% in the last 24 hours, reaching a high of 53.53 USD and a low of 39.54 USD. The 24-hour volume has reached 117 million USD. The current market capitalization is approximately 600 million USD, an increase of 21.2 million USD compared to yesterday.

Dash is a digital currency that provides borderless fund transfers, allowing transactions to be made instantly, transparently, conveniently, and almost for free. The Dash platform is changing the way decentralized information is transmitted, similar to how cryptocurrencies have changed decentralized currency. Users can easily send, receive, and earn Dash through the DashPay mobile or desktop wallet. Additionally, users can easily stake Dash and earn passive income within the DashPay application via CrowdNode.

Important news about DASH recently:

1️⃣ The privacy coin sector is overall strengthening The overall sentiment in the cryptocurrency market is positive, with the privacy coin sector represented by DASH showing a clear pump trend. As a major player in the field of privacy protection, DASH's price performance is highly correlated with the overall market sentiment, reflecting investors' enhanced confidence in privacy-oriented digital assets. This trend has driven a significant rise in DASH's price in the short term.

2️⃣ Price Fluctuation The price of DASH has shown significant volatility, reaching a high of $53.53 and a low of $39.54 within 24 hours, with a fluctuation exceeding 35%. This dramatic price volatility reflects the market's high interest in DASH and the increase in trading activity, while also highlighting the high-risk nature of the cryptocurrency market.

3️⃣ volume surge The 24-hour volume of DASH has reached $117 million, showing a significant rise compared to the previous period. The notable increase in volume indicates a higher market participation, which may stem from new investors entering or existing holders increasing their positions, providing upward momentum for the price of DASH.

From a technical perspective, DASH has recently broken through important resistance levels, demonstrating strong pump momentum. However, considering the significant volatility in the short term, investors should remain vigilant about potential retracement risks. Market participants should closely monitor DASH's price movements and volume changes, as well as the overall trends in the cryptocurrency market.

This message is not intended as investment advice; investors should be aware of market volatility risks.