For the previous 7 day period:
Dash outperformed 5 of the 14 coins ranked above us (36%). The 30 day SMA is 37%.
Dash outperformed 3 of the 10 coins ranked below us (30%). The 30 day SMA is 47%.
In total, Dash outperformed 8 of the top 24 coins (33%). The 30 day SMA is 41%.
Bitcoin dominance dropped 2/10ths to 68.0%.
6 of the top 24 coins beat Bitcoin (25%).
Today’s results were not terrible and not great. Still in decision mode. We will continue to watch.
As always, this is not investment advise. Do your own homework. All crypto is risky. Don’t invest more in crypto than you can afford to lose.
^ Dash versus the 14 coins listed above us. In the short term (the last week) we can see a series of higher highs and higher lows. In the longer term (3 weeks) it’s lower highs and irregular lows. Technical analysis can tell you some things, but it can’t tell you everything.
^ The majority of the 10 alt coins listed below us continue to outperform Dash. This won’t go on forever of course.
^ Dash versus the top 24 coins. Same thing. Short term trend is up. Medium term trend is down. So what’s it going to be?
The long term transaction count for Dash, LiteCoin and Bitcoin Cash. You can tell it’s a horse race, and that Dash is gaining on them. This is probably the best adoption/real world use metric we can look at. Now go compare the market caps of LiteCoin + BitCoin Cash and Dash. We can compete toe to toe because we have better tech, a better dev team and a determined community. We will take away their market cap, I just don ‘t know when. BitCoin’s not on there because they have given up on the use case of honest money. Effectively, they have handed that to us on a silver platter. Think about that.