What is the DASH coin issue price? Introduction to the DASH coin issue price and issue quantity

DASH was first issued in 2014 at a price of $0.05 per coin, and its maximum supply is capped at 18,900,000 coins.

Sep 30, 2024 at 03:54 pm

DASH Coin Issue Price and Quantity

1. Initial Issue Price:

When DASH was initially issued in January 2014, it was known as XCoin. The issue price of XCoin was $0.05 per coin.

2. Renaming and Price Evolution:

In early 2015, XCoin was renamed to DASH. Since then, the price of DASH has experienced significant fluctuations:

• 2015: Reached a peak of $15.11 in August.
• 2017: Surged to an all-time high of $1,500 in December.
• 2018: Declined dramatically to around $100.
• 2021: Recovered and reached a peak of over $500 in November.
• 2023: Currently trading around $50.

3. Total Issue Quantity:

The maximum supply of DASH is capped at 18,900,000 coins. This limit cannot be increased, ensuring the scarcity and potential value appreciation of DASH.

4. Distribution of Coins:

The initial distribution of DASH coins was as follows:

• 45%: Miners
• 40%: Masternode owners
• 5%: Private placement
• 10%: Development fund and community-funded projects

5. Current Market Supply:

As of February 2023, the circulating supply of DASH is around 11,063,995 coins. This means that approximately 59% of the total issue quantity has been distributed to the market.

Conclusion:

The DASH coin issue price has undergone significant fluctuations since its initial release in 2014. However, the total issue quantity remains fixed at 18,900,000 coins, ensuring the scarcity and potential value of DASH.