DASH (Dash) increased by 7.30% in the last 24 hours.

Gate News Bot Message, November 10th, according to CoinMarketCap data, as of press time, DASH (Dash) is trading at $82.92, up 7.30% in the past 24 hours. The highest price reached $148.98, and the lowest dropped to $73.19. The 24-hour trading volume is $701 million. The current market capitalization is approximately $1.035 billion, an increase of about $70.4 million from yesterday.

Recent important news about DASH:

1️⃣ Sharp Price Fluctuations, Significant Short-Term Pullback DASH’s price experienced notable volatility over the past week. On November 8th, the price reached a high of $148.98, followed by a substantial pullback. On November 9th, DASH dropped to $79, a decline of 17.76%. This intense price fluctuation reflects rapid changes in market sentiment and the influence of short-term speculative activity.

2️⃣ Trading Volume Remains High, Market Participation Continues to Be Active Despite the price correction, DASH’s 24-hour trading volume remains above $700 million, indicating sustained strong interest and active trading in the market. The high trading volume may provide some support to DASH’s price but could also contribute to short-term volatility.

3️⃣ Privacy Coin Sector Overall Performs Strongly, DASH Leads Recently, the privacy coin sector has shown an upward trend, with DASH, as a leading representative, performing particularly well. Over the past week, DASH’s price increased by over 140%, outperforming other privacy coins. This strong performance reflects increased market demand for privacy-focused cryptocurrencies and highlights DASH’s leading position in this field.

From a technical perspective, DASH’s price experienced a significant rally followed by a pullback, currently seeking new support levels. Given the intense short-term volatility, investors should remain cautious and closely monitor price movements and trading volume changes. Additionally, fundamental developments such as technological progress in privacy protection and fast payments are worth ongoing attention, as they could influence DASH’s long-term value.

This message is not investment advice. Please be aware of market volatility risks.