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Dash price soars 125% amid privacy coin boom: Is the rally overheating?
Dash (DASH) emerged as one of the best crypto market performers this week, with its price rallying 125% to reach $79.60 on Wednesday. chart Why is DASH rallying so much now? DASH primarily benefited from the capital rotation from rival Zcash (ZEC), last year’s top privacy-sector gainer, after the Electric Coin Company’s development team resigned amid governance disputes. chart Monero (XMR) became the primary beneficiary this week, while Dash, historically a higher-beta privacy play, emerged as a catch-up trade for traders who missed Monero’s initial breakout. table DASH also rose as the EU’s DAC8 ... (full story)
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