By Published On: January 18th, 2021Categories: Media, Voices Of Dash NationComments Off on Welcome to ALTSZN! Dash Takes on the Bull Flag for Altcoins

The week kick started with bitcoin failing to break it’s all time high at $41,500 after several attempts, Bitcoin have been seen to have taken a very dip dive into the bearish zone with approximately more than $6000 loss in its price as of the time of writing this article. Many speculates that this bearish movement of bitcoin was because bitcoin Miners have started selling off their BTC, According to CryptoQuant CEO, Ki Young Ju, ” the Miner’s Position Index (MPI) that calculates the ratio of BTC leaving all miner wallets to its 1-year moving average has reached levels where miners are selling”.

Others believe that Bitcoin is giving room for altcoins to catch up with its pace.

Nevertheless, the altcoins (refers to all cryptocurrencies other than Bitcoin. As of early 2020, there were more than 5,000 cryptocurrencies by some estimates) have so far witnessed an enormous growth,with some gaining as much as 262%.

Dash was not left out in this bullish run as a matter of fact Dash was listed as the highest gainer with more than 105% increase in its initial price as of the time of writing this article.

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An old-school Dash logo for the history buffs.

Dash Started the week as the highest gainer in the past 24hours. DASH surged by over 100% from $95 to as high as $194, only to pull back to the $140 level, that almost x2 of its initial price.

Dash has actually taken the bullish flag, this progress was seen just few days after the lunch of the dash platform, The coming weeks will surely show case Dash as the next generation crypto to the whole world.

Where can I buy Dash?

With its transaction speed, buying Dash is an easy process completed in a few minutes. Visit www.dash.org for more info. You’d also have to download a dash wallet to obtain an address where you can send and receive dash coins seamlessly.

Other altcoins also witnessed tremendous gain over the week.

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Bitcoin cash(BCH) was also seen to be making waves, after it soared from $420 to as high as $630 in the past 24 hours, this is the highest level it has reached since November 2018.

Conclusion: Dash takes on the lead as the bullish flag  bearer for the Altcoin community. The move so far for these altcoins marks a crucial breakout from a long period of slumber, as major altcoins are now following in Ethereum’s footsteps, other Altcoins like Litecoin, Loopring etc have been seen to be making waves too.

We can as well say “Welcome to Altseason.”

About the Author: Anthony Daniel

I'm a freelance writer that has an innate passion for writing and delivery factual articles. I employ certain skills and techniques that make for a quite distinct, captivating read. Tips graciously accepted: Xknp3vSAJh5RzRwW1hxrxLTuGZYL89BZMR

Dash Nation is always on the lookout for talented writers for news and blogs. If you wouldn’t mind sharing your talents with the movement towards financial freedom through Dash, please contact the team at go.dashnation@gmail.com.

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