Dash: Dashpay testnet finished

This month Dash will launch two updates that have taken 5 years of development on the testnet, Dashpay and Dash Platform.

This was revealed on Twitter by the user Fruit Salad Panda, who also pointed out that in the last month Bitcoin Billionaire has already recovered 5 positions on Coinmarketcap, and within a few weeks he could recover more.

It is currently ranked 26th, with a market capitalization of just over $1.1 billion, not far from VeChain but tailed by IOTA.

In recent weeks the price has risen from around $65 to over $110, peaking at $120 yesterday.

It must be said, however, that it is still very far from the historical maximum, or $ 1,493 touched on December 20, 2017, but it is certainly much more than the $ 40 at the beginning of the year.

After the bursting of the speculative bubble in 2017, Dash’s price collapsed until it reached $60 at the end of 2018, and since then it has never been able to go back above $180.

The current price, for example, is still lower than the price reached in July last year.

Dash’s news on the testnet

The two new features to be launched in the coming weeks are Dashpay, which allows users to create usernames on the blockchain, and Dash Platform, the developer platform with the world’s first decentralised HTTP API.

It has to be said, however, that perhaps there is too much enthusiasm in the community of supporters of this cryptocurrency.

Not only are there those who speculate that in 2021 the price may return to historic highs, but it may even exceed them by 20 times over the next few years.

If it managed to return just under $1,500, the price would rise by 1,200% compared to today, and this already seems a risky prediction, although possible.

In order to reach the new maximums assumed, at over $30,000, it would have to grow by a further 1,900%, and this seems an even riskier forecast.

Cumulatively, with respect to the current price, it would be a gain of about 2.600%, or rather a forecast that, to tell the truth, seems to be a long shot.

As much as it is possible to make reasoning that leads to hypothesize similar scenarios, these could easily remain only theoretical, because at present they would not seem to be plausible or realistic.

Moreover, given the heavily negative performance recorded so far, after the bursting of the speculative bubble, there would instead be several reasons to hypothesize more realistically, and more prudently, that an increase in value of 2,600% in the next few years is extremely unlikely.