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Dash Becomes Third Largest Digital Currency by Market Cap

Dash Becomes Third Largest Digital Currency by Market Cap

Privacy focused cryptocurrency Dash has ranked third in terms of blockchain assets, with its market value of tokens reaching more than $263 million. This result leaves only Ethereum and Bitcoin ahead in the game.

Dash demonstrated remarkable growth by 30% over the last two days, reportedly credited to endorsement by cryptocurrency advocate and investor Roger Ver, also knows as “Bitcoin Jesus”.

The Dash team has also confirmed a partnership with Wall of Coins that makes cryptocurrency transactions at Chase, Bank of America, Wells Fargo, MoneyGram and Western Union possible.

Wall of Coins operates on the principle of peer-to-peer transactions, allowing users to buy or sell Bitcoin and Dash with cash. The process of exchanging a cash deposit with Dash or Bitcoin virtually takes minutes.

Dash Director of Finance Ryan Taylor commented that his company has come up with a way to facilitate the adoption of Dash by greatly simplifying the initial coin acquisition process. To this end, the deal with Wall of Coins makes it possible for customers to purchase Dash at tens of thousands of physical locations in twelve countries.