Published On: Thu, Feb 16th, 2017

DASH, MaidSafeCoin Hit Record Highs as Altcoins Get Vogue

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Both DASH and MaidSafeCoin have set new market cap highs in the past 24 hours, joining Ethereum’s 2017 price record as investors flock to altcoins.
DASH & MaidSafe’s Favorable Tradewinds
DASH, an anonymity-focused coin launched in 2014, achieved its highest ever market cap of $139.6 million, data from Coinmarketcap shows. Its price is also steadily increasing, with the $20 level firmly in sight.

This takes DASH to the sixth-highest cryptocurrency market cap overall. Just two places lower, however, MaidSafeCoin continues to ride its own wave of optimism.
Both its market cap and price shot up in the last few weeks, standing at $91 million and $0.20 respectively, coming off recent peaks.

MaidSafe focuses on secure property creation online, as well as decentralized apps. The concept and asset have like DASH been in existence since 2014, with an all-time price high recorded in March last year.
BitMEX Match Made In Heaven
Various possibilities have been suggested as causes of the mad rush in altcoins, despite Bitcoin’s favorable trajectory. Flat trading signs in the Bitcoin ecosystem may have caused speculative investors to get into alts, sources suggest, while DASH recently debuting on exchange BitMEX could well have increased trading activity overnight.

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