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Top Reasons Why Dash is the Coin of the Future

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Dash

Unlike the major altcoins, which took a considerable amount of time to gain visibility in the crypto space, Dash was instantly popular. Operational since January 2014, Dash attracted a large volume of investors from the moment it was introduced. This major altcoin, which rapidly found its way into the mainstream cryptomarket, has become a favorable currency for many international traders, offering a wide range of exciting facilities, alongside top-notch security features.

As one of the most popular altcoins in the market, Dash has witnessed a steady growth in the last few years, and 2017 has been an exceptional year for this rising altcoin. Needless to say, it has successfully managed to break into the $1 billion market cap club. As of April 23, 2018, the market capitalization of Dash stands at $3,805,053,537. Apart from speed, which has been a driving factor behind the surge of Dash, there are several other features that play a vital role in driving investors to this currency.

Deciphering Dash’s Popularity

There are numerous driving factors behind an investment; while many investors buy cryptocurrency for fun and experiment, others simply choose a coin which they believe in. At all rate, investors usually choose a coin that has adequate followers. Featuring among the most promising altcoins, Dash enjoys a stable follower base, and many have stuck with the currency through all challenges.  Most of the coins which started out with Dash are still in the “claim” stage, but Dash has moved past its challenges to enter into a striking “action-packed” stage. As evident from the recent development and market response, this promising altcoin is all set to reach new heights.

User-Centric Coin

In an interview, Amanda Johnson, the Spokeswoman of Dash, said that the target audience of Dash “is the kind of person who is not interested in cryptocurrency.” It has rapidly evolved to become the favorite coin of the masses, and its versatility and universal appeal play a vital part in it. Not only does this currency focus on its users but also think ahead of others. Its attempt to stay true to its principles, combined with its quest for identity, has rendered it unique. Dash, which was conceived as XCoin, has undergone several transitions in the past; the coin was changed to Darkcoin from its birth name before it agreed to settle on its present name. A little speculation will reveal why Dash is more cumbersome than its earlier variants; Dash, which can be read as an acronym for “digital cash”, has been finalized for its global appeal.

Lightning Speed

If you are updated with Dash news, you must be aware of its lightning fast speed, which has been the highlight of the currency. It is a surprise why Dash is not a household name today. Adept at mining coins within a day or two, this currency has become one of the most vied-after currencies among traders and investors.

InstaSend and PrivateSend

For any crypto investors, transaction time serves as a major influencing factor; as slow transaction speed is an absolute “turn-off” for many who actively trade their digital funds in the blistering crypto market. One can rule out such an anomaly with Dash, as it offers its users with special features like Instasend and PrivateSend, which are developed to ensure a total anonymity as per the blockchain standards.

Liquidity

Dash is listed on a number of online exchanges, and Dash coins are accepted in all affiliate online stores. What’s more, the transactions are executed instantly as there are no risks involved in the fund transfers.

Cheaper Transactions

Trading at $474.11, Dash can be considered as a cheaper alternative to the big currencies which are often overpriced. With Bitcoin’s price dropping at an alarming rate, most traders are flocking to profitable options like this one.  Widely recognized as a prominent altcoin, Dash offers much lower transaction fees, making it a profitable option for quality conscious investors.

Forecast for 2018

With the focus shifting towards altcoins, coins like Dash making it big in the crypto space. As for investors vying for something new, Dash ticks all the right boxes, making it a favorite for all types of investors across the globe.  Also, the trajectory of the coin has been quite impressive this year. After a major decline, all the coins are moving up, and this applies to Dash as well. As per the price records, the price of Dash has gained 2.14% from its earlier position, making it a tough contender for BTC and other leading currencies. Ranking 12th in the market, the trading volume of Dash is tantamount to $114,545,000. In any case, this rising altcoin, which is leading the rally, has come a long way from its dark days. Equipped with facilities like lightning fast mining speed, secure transactions, high liquidity, this internationally renowned currency has been crowned as “the coin of the future” by cryptoanalysts, and it’s not hard to guess why.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Tim Haynes via Flickr

Altcoins

Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

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TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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