Jan 14, 2026
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DASH Gains 54% in 24 Hours, Leading Privacy Coin Market Rally
DASH Performance and Market Impact
- DASH surged 54% in 24 hours, reaching $85.96 with trading volume rising to $1.29 billion.
- Daily volume increased by 72%, while weekly volume soared 525% from $39 million to $1.29 billion.
- The token remains 94% below its December 2017 peak of $1,493.59, despite a 107% rise over the past week.
- DASH is a privacy coin, which hides transaction details, unlike transparent blockchains like Bitcoin.
- Other privacy coins also saw gains: Horizen (23.1%), Decred (19.3%), Zcash (9.3%), Monero (8.6%).
Influencing Factors
- Alchemy Pay announced support for DASH, allowing purchases via credit cards, Apple Pay, and bank transfers in 173 countries.
- OKX relisted DASH, enhancing liquidity and market participation.
- Analysts noted accumulation patterns as selling pressure decreased.
Broader Market Conditions
- The derivatives market saw $770.22 million in forced closures, with short positions making up 86.8%.
- The Fear & Greed Index improved to 48 from 26, indicating neutral sentiment.
- The overall market increased by 3.42%, with total capitalization reaching $3.37 trillion.
- Privacy coins gained 13.1%, adding 24.6% over seven days, with a combined market cap of $24 billion.
- Monero holds the largest market cap in this sector at $13.4 billion.
- Zcash struggled after an ECC team resignation triggered governance disputes.
