DASH Historical Price and Returns Analysis: Should I Buy DASH Now?

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Abstract

This article comprehensively reviews the historical prices and market fluctuations of DASH since its inception, combining data from bull and bear market phases to evaluate potential returns for investors purchasing 10 DASH coins. It addresses the key question “Should I buy DASH now?” to help both novice and long-term investors understand market timing and growth potential.

Bull Market Start and Early Market Cycles: Historical Price Review (2014 to 2017)

DASH was created around 2014, with an early trading price of approximately $0.213899 according to CoinMarketCap records.

Here’s the price changes for DASH during the initial bull market phase:

2014

  • Opening price: $0.213899
  • Closing price: $1.96
  • Highest price: $15.43
  • Lowest price: $0.213899
  • Annual return: 814.94%

2015

  • Opening price: $1.95
  • Closing price: $3.27
  • Highest price: $5.07
  • Lowest price: $1.06
  • Annual return: 67.97%

2016

  • Opening price: $3.35
  • Closing price: $11.39
  • Highest price: $14.39
  • Lowest price: $3.03
  • Annual return: 240.31%

2017

  • Opening price: $11.39
  • Closing price: $1082.02
  • Highest price: $1493.59
  • Lowest price: $11.21
  • Annual return: 9396.8%

An investor who purchased 10 DASH during the early bull market phase in 2014 would have a potential return of $296.16 if sold today.

Bear Market Adjustment and Mid-term Market Cycles: Returns and Risk Analysis (2018 to 2020)

During this period, DASH’s price experienced significant fluctuations, influenced by various market factors.

Here are the potential returns for investors who purchased 10 DASH during the bear market or consolidation phase:

  • 2018: -$10349.76
  • 2019: -$487.37
  • 2020: -$113.14

Recent Market Cycles: Should I Buy DASH Now? (2021 to present)

In recent years, DASH has shown both upward and downward trends, leading to market discussions about whether we’ve entered a new bull market or are still in a bear phase.

2021

  • Opening price: $99.64
  • Closing price: $133.47
  • Highest price: $441.96
  • Lowest price: $87.17
  • Annual return: 33.95%

2022

  • Opening price: $134.02
  • Closing price: $41.99
  • Highest price: $152.86
  • Lowest price: $32.1
  • Annual return: -68.67%

2023

  • Opening price: $42.22
  • Closing price: $31.65
  • Highest price: $74.38
  • Lowest price: $24.73
  • Annual return: -25.04%

2024

  • Opening price: $33.26
  • Closing price: $29.83
  • Highest price: $43.12
  • Lowest price: $21.51
  • Annual return: -10.31%

Potential returns for investors purchasing 10 DASH during this period are as follows:

  • 2021: -$698.14
  • 2022: -$1041.90
  • 2023: -$123.90
  • 2024-present: -$34.30

Conclusion: Bull Market, Bear Market, and Investment Timing Analysis

Through the analysis of DASH’s historical prices and potential returns, we can observe a long-term fluctuating trend. This information helps investors assess whether the current phase is still suitable for positioning and answers the key question, “Should I buy DASH now?”

DASH-7.08%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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