DASH (Dash) rose 32.22% in the last 24 hours.

Gate News Bot news, November 4th, according to CoinMarketCap data, as of the time of writing, DASH (Dash) is currently priced at 118.19 USD, rising 32.22% within 24 hours, with a high of 119.37 USD and a low of 41.29 USD. The 24-hour volume reached 1.254 billion USD. The current market capitalization is approximately 1.474 billion USD, which is an increase of 359 million USD compared to yesterday.

Dash is a cryptocurrency that focuses on fast and low-cost payments. It offers instant transactions and nearly free transfer services, aiming to achieve borderless flow of funds. Dash has also launched the Dash platform, dedicated to providing decentralized information services, similar to the decentralized revolution that cryptocurrency has brought to finance. Users can easily send, receive, and earn Dash coins through the Dash wallet, which supports both mobile and desktop versions. Additionally, Dash provides integrated payment solutions for businesses, allowing customers to use cryptocurrency for payments by scanning QR codes or purchasing gift cards.

Important news about DASH recently:

1️⃣ Price surged significantly, reaching a new high for the year DASH price has shown a strong rising momentum in the short term, with a 24-hour rise of over 32%, breaking through the 100 USD mark and reaching a new high for the year. This significant rise has pushed DASH's market capitalization to over 1.4 billion USD, an increase of 359 million USD compared to the previous day. The rapid price increase reflects the market's positive sentiment towards DASH and the enhanced investment demand.

2️⃣ Volume surge, market activity increases The 24-hour volume of DASH surged to $1.254 billion, showing a significant rise compared to the previous period. The substantial increase in volume indicates a notable enhancement in market participation, possibly due to the entry of new investors or existing holders increasing their positions. This active trading activity provides strong support for the price of DASH, driving its continued pump.

3️⃣ Fundamentals continue to strengthen The DASH team has recently strengthened the fundamentals of the project in several areas, including the release of DashSpend, a comprehensive improvement of the privacy payment features, increased DEX support (added to the Maya Protocol), and the launch of the decentralized application platform Evolution. These initiatives have significantly enhanced the practicality and technical advantages of DASH, laying a solid foundation for its long-term development.

From a technical perspective, DASH has broken through several important resistance levels, demonstrating strong upward momentum. However, considering the significant rise in the short term, investors should remain vigilant about the potential risk of a pullback. Market participants should closely monitor the price movements and volume changes of DASH, as well as the overall development trend of the cryptocurrency market.

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