A dinosaur from 2014 decides to wake up... What's the story behind the sudden rise of currency $DASH
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Guys, there are new currencies making all the noise, and there are old currencies that we sometimes forget about. Dash ($DASH ) is of the latter type.
But today, this "dinosaur" decided to remind us that it's still alive and made a very respectable pump.
What woke it up from its long sleep?
The reason is a simple and important news: "Network Upgrade" announced Binance's support.
Simply put, this means that the Dash team is still working and developing the project. These updates might improve network speed or add new features. The market loves to hear that old and classic projects are still evolving and haven't died.
My personal opinion:
I love to see moves like this. It reminds me that crypto isn't just about the new shiny coins. The old projects that managed to survive all these years have a strong and resilient community.
Does this mean I will rush to buy now after this pump? No, of course, "don't chase the green candle". But this definitely makes me go back to open the Dash chart and follow it again. This could be the beginning of a renewed interest in one of the market classics.
Who among you remembers the old days of Dash? And do you think classic projects still have a chance to compete?