Monero [XMR] is currently battling against Dash for the 12th spot in the crypto-rankings. The fight has had a mix of results with Dash and Monero taking the spots and falling down.
Monero is ranked at number 12 in the market as of 12th May 2018. It is priced at $ 202.43 with market cap of $3,343,497,856 while Dash has a market cap of $3,272,533,581. Earlier today, Dash had surpassed XMR and took the 12th position, however, XMR bounced back in the past 1 hour with a 0.40% growth rate.
Dash has had a growth rate of 0.78% in the past 24 hours which beats Moneros growth rate over the last 24 hours which is around 0.19%.
Some of the investors speculate that the newly introduced XMRwallet which helps in faster and safer transactions and Circle adding Monero to its platform might end up being a waste if the coin continues its poor performance.
Dash has been growing its popularity due to its fast transaction speed and several new features like keeping users identity safe and fewer transaction fees etc. The coin has already reached the $1 billion point and many speculate that it might break into the top 5 of the crypto-rankings by the end of the year.
Dash is currently priced at $401.36 with a supply of 8.07 million and an overall volume of $84.88 million.
Jasmina, a Twitter user says:
“Time to invest into Dash, a really undervalued coin.”
Kelly, another Twitterati says:
“Monero is depressing me, I believed in this coin for so long but I think its time to pull out and join Dash as I heard that the community is active and good.”
Subscribe to AMBCrypto’s Newsletter
Bitcoin [BTC] Price Analysis: Coin reunites with the bull after escaping the bear trap
Bitcoin [BTC]: John McAfee predicts Bitcoin to breach the $1 million mark on 31 December, 2020
Bitcoin Cash [BCH] Price Analysis: Coin breaks resistance as bulls look to settle down
Bitcoin SV [BSV] Price Analysis: Coin ready for a bull run as markets move steadily
Litecoin [LTC] Price Analysis: Bulls set to take charge as coin recovers from earlier losses
Bitcoin [BTC] developer Jimmy Song lists 3 reasons why Bitcoin SV [BSV] is a “scam”
Bitcoin [BTC] among cryptocurrencies enabled by new debit card launched by Australian Crypto exchange
Bitcoin [BTC]: Mt Gox redemption plan demonstrates the power of open source network, says Brock Pierce
Nouriel Roubini says JP Morgan’s cryptocurrency JPM Coin is a joke; compares it to XRP
A New Generation of Crypto-Exchange: ALL IN ONE Crypto-Exchange
Ethereum [ETH] dApp users drop as EOS and Tron dominate the market
Bitcoin [BTC] Futures by the Chicago Mercantile Exchange Group reaches an all-time high in Q1 of 2019
- Bitcoin Cash
Bitcoin Cash [BCH] support rolled out by Coinbase custodial wallet app
EOS and Litecoin [LTC] lead the charge as the cryptocurrency market continues to rise