The price of Dash is in the focus of the coming altcoin news as most of the top cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) hovers around the $8,100 mark now. As Dash rises overnight, the coin is definitely in a good momentum and the price has reached $65 with a market cap that finally broke the $600 million mark.
Among the top cryptocurrencies, the one with the most growth over the past 24 hours is DASH, averaging around 16% at its peak. The coin currently stands at $66.84 with a 13% gain over the past 24 hours and the weekly chart shows a growth of 33.7% as the latest news and updates show.
Also, the NEO coin news show growth and the price of the altcoin is now $10.35 with a surge of 7.45% and a new high compared to the yesterday’s levels. Over the past week, the coin grew by 11.44%. Additionally, the Bitcoin price is currently up by less than 1% and trades around $8,130 at press time as data shows.
The fact that Dash rises overnight shows that many altcoins have a positive momentum now – but the clear winner is Dash today. Meanwhile, we can also see that Ether (ETH) is holding onto its position as the largest altcoin by market cap which stands at $15.74. The price, as the ETH news show, is at $144 today and the momentum is still positive.
Meanwhile, the Bitcoin Cash (BCH) updates show that it is in a decline of 1.30% and a current price of $264 now. The second largest altcoin, Ripple’s XRP, has a market cap of $9.3 billion at press time. XRP is up by around $2 over the last 24 hours and is currently trading at $0.214. On the week, the coin is up by 10.3% and the price is still holding on to a big portion of the gains that it obtained at the beginning of the week.
The price of Litecoin (LTC) is trading at $50 flat as Dash rises to new heights, posting a new 3% increase on the day.
ETH has seen its value increase by about 1.37% over the last 24 hours and at press time, ETH is trading at around $144. On the week, the coin has also gained around 5% in value. All in all, this was a very good week for crypto with lots of updates and positive movements.
Dash Could Surpass Litecoin As Daily Transactions Increase Steadily
‘’At the very least, if the crypto market cares about real fundamentals, then $DASH should be where #Litecoin is right now on the crypto market cap ranking. it’s only a matter of time before real cryptos with real utility rise up to the top. https://t.co/MbGAkw5rvi pic.twitter.com/hpJyqcLmqB’’The Dash network is being used to transfer a lot more value than Litecoin which doesn’t automatically mean that it has more value. Both of the assets are different since Dash offers different types of transactions and it also features rewards.
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Dash Missing Funds Returned To Investors: Report
“Moo has finally been woken from his slumber, and is currently sending the money back to its rightful owners.”Another user stated on Reddit as well:
“Sweeeeet!!! This is the comeback of the year!! MooCow for president! :)”Even the original user on the Dash forum Erulian confirmed that the funds have been returned and he apologized for causing so much trouble to the investors:
‘’I’m sorry it turned into such a big drama, but also glad that I finally got my funds back. I’m sure some people in the community pulled some strings to make this happen. Thank you.’’Despite the words of thanks, Erulian failed to provide any concrete evidence of the returned funds. the Reddit post continues:
“Thank you to all the dedicated and anger-driven investigators and “exit scam”-yelling news outlets with irrational hate towards Dash who helped people get their money back!’’The users are happy that the justice is finally being served and the return of the missing funds could actually be the result of the investigative articles that we read across the media which could have made Moo do the right thing. At the end of the day, it could have been something else but either way, it is great to hear that the investors have had their funds returned. The overall situation seems to have been nothing more than a wanton of disregard for investors’ funds. In the closing remarks, the Dash Group CMO Fernando Gutierrez concluded:
‘’This doesn’t make things good again because it should not have taken so much for him to send back the funds, but it is certainly a much better outcome than him disappearing without paying.’’
Dash Core Group Advisor Pulls Exit Scam Taking Investors’ Funds
“So, to address the stress, I’ll be shutting down shares and sending back all deposits to their origination addresses within a week or two as time permits.”But, today is 2nd December and it looks like MooCowMoo got lost of the face of the Earth. Erulian verified the silence from MooCowMoo the Dash Core Group senior advisor and reached out to other potential victims. He asked, “who else has lost money?” and said, “I hope to get some discussion going about this, it’s getting late.”Scombo, another user, joined the conversation. He verified that he did not hear a word from MooCowMoo from September this year. Scombo called out to several others in the network trying to uncover the true identity of MooCowMoo the senior advisor of Dash Core Group. He said:
“Also, might be worth involving the Dash core group as this reflects really badly on Dash, particularly as he was a prominent member of the team”Sadly for Erulian and Scombo, the Dash Core Group did not provide assistance. After pleading them for help in their efforts to get in touch with MooCowMoo, because this issue is causing “a lot of stress,” users were pretty much told to solve it on their own. The response was simply:
“There is power in numbers”.Power in the number of users’ funds that the Dash Core Group Senior Advisor managed to amass? Or power in the number of people falling victim to another seedy crypto exit scam? Who knows.
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