The reasons why the next coin on the Coinbase may be Dash
Dash may be the next cryptocurrency, which will fall on the platform Coinbase, according to Globalcoinreport.
One of the priority growth drivers for altcoin is to get on the stock exchange, in particular, on such a large one as Coinbase. After all, a trading platform or wallet serves as a bridge between the cryptocurrency and the main financial sector.
The listing brings with it a stream of new demand based solely on the fact that a person does not need to waste time exchanging Fiat for a BTC type coin, and then exchanging BTC for another coin with a smaller capitalization, and so on.
The next coin on Coinbase, according to the publication, may be Dash. And let her not have such a serious capitalization, like Ripple (XRP) and Stellar (XLM), and not such a level of qualification.
These two coins form the basis of financial transaction systems, which, in turn, are designed to integrate with the technologies of companies. XRP and XLM exist to work in a very specific case. But Dash is another matter.
Her feature in privacy features. This coin does what many others do not - it provides an opportunity for anonymous transactions and masking transactions, and also hides the balance of the wallet.
Dash has become a privileged private coin, according to Globalcoinreport, getting rid of the bad reputation associated with DarkCoin, and gaining certain advantages over Monero.
These two coins form the basis of financial transaction systems, which, in turn, are designed to integrate with the technologies of companies. XRP and XLM exist to work in a very specific case. But Dash is another matter.
Her feature in privacy features. This coin does what many others do not - it provides an opportunity for anonymous transactions and masking transactions, and also hides the balance of the wallet.
Dash has become a privileged private coin, according to Globalcoinreport, getting rid of the bad reputation associated with DarkCoin, and gaining certain advantages over Monero.
These two coins form the basis of financial transaction systems, which, in turn, are designed to integrate with the technologies of companies. XRP and XLM exist to work in a very specific case. But Dash is another matter.
Her feature in privacy features. This coin does what many others do not - it provides an opportunity for anonymous transactions and masking transactions, and also hides the balance of the wallet.
Dash has become a privileged private coin, according to Globalcoinreport, getting rid of the bad reputation associated with DarkCoin, and gaining certain advantages over Monero.
Of course, the publication has some concerns, which concerns a small team of Dash and a leading developer, preserving anonymity. And these moments can find fault with Coinbase before listing. But from the point of view of everything else, Dash looks like a winner, Globalcoinreport summarizes.
“We believe that a capitalization of 10 billion dollars overnight in the case of listing or rumors about it is, of course, an unrealistic figure. However, we can assume that $ 1,300 per coin is an acceptable level, ”the newspaper writes.
Earlier we wrote about the phenomenon of the “Coinbase effect”. The crypto trader and the author of the Ethereum World News website, John Njuy, believes that the stock exchange can influence the bull trend of any coin with the help of a listing or announcement about it.
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