Dash, a cryptocurrency that has been pivoting away from being known as a privacy coin to become the preferred digital payment platform, has achieved a massive partnership deal with CrayPay which will allow it to be used at over 200 stores nationwide in the US, including popular brands like American Eagle and Best Buy. The partnership has the potential to make Dash the leading cryptocurrency payment method in the US, surpassing Bitcoin which is currently only accepted by 18,739 retailers according to Coinmap.org. Dash’s recent integration with select cryptocurrency exchanges for faster transactions and its forthcoming app Dash Platform, which will allow users to store files on the cloud with Dash Drive and utilise smart contracts and native Dash tokens, could see its value skyrocket. BitBoy Crypto predicts that Dash’s value could hit $2,200 in 2021, surpassing its 2017 highs.
The Race for the King of Digital Payments
Digital payments have become increasingly popular, and every coin wants to be the king of the game. Bitcoin has established itself as a store of value, but the title of the peer-to-peer payments coin is still up for grabs. In this article, we will explore one of the coins trying to take the crown and become the leader in digital payments.
Dash is a cryptocurrency that has been gaining a lot of attention lately. Known for its privacy features, the coin has been trying to pivot its message and become recognized as the leading payments cryptocurrency. Dash’s privacy functionality is no greater than Bitcoin’s, making the label of ‘privacy coin’ a misnomer for Dash.
Dash’s Partnership with CrayPay
Dash has made progress in its path to become the king of digital payments. The coin has achieved a massive partnership for adoption of use of Dash at retail stores, including prominent brands such as Domino’s, GAP, and DoorDash, among others. CrayPay will accept Dash and convert it at the point of sale to a gift card to then be used at the merchant. Dash users will have additional benefits, including access to more merchants and more savings.
Dash has begun integrating Dash’s FastPass with select cryptocurrency exchanges to provide a seamless experience for Dash users, enabling ChainLocks or InstantSend, allowing faster transactions. Dash is also working on introducing smart contracts and native Dash tokens, similar to Ethereum 2.0 and Cardano. According to a recent report by Dash Core Group, the project’s buying volume jumped 282% last year. Dash is up over 115% for 2021, and there is still room for growth.
Price Prediction for Dash in 2021
Given Dash’s recent partnerships, progress, and potential for further growth, a price prediction for Dash in 2021 is optimistic. Dash has a great chance to break new all-time highs and hit $2200. If Dash gains traction as the go-to for digital payments in several countries, the ceiling could be much higher.
Dash is making strides in becoming the king of digital payments, and its partnerships and integration with various platforms suggest that it is a serious contender to watch. With its increased adoption and popularity, Dash’s future looks bright.