Dash ($DASH )

Drop over 7 days (from January 16 to January 23): 28%

$XMR $ZEC

Dash (DASH) is the third largest cryptocurrency by market capitalization in the privacy sector, following Monero (XMR) and Zcash (ZEC). In terms of anonymous transactions, DASH is more similar to ZEC because such a feature is optional (in XMR it's implemented by default).

In the previous weekly period, DASH became the leader in growth with a rate of 130%. However, since then the coin has been in a corrective movement. The market capitalization of DASH is less than $850 million with a price of around $67 at 13:00. However, the cryptocurrency is trading approximately 95% below its all-time high set in December 2017 at $1642.

The rise and fall of the coin's price were not accompanied by any news background. However, on January 23, the Financial Intelligence Unit of India (FIU) demanded that local cryptocurrency exchanges and platforms stop working with anonymous cryptocurrencies, considering them high-risk in terms of money laundering. The regulator also banned the deposit and withdrawal of tokens intended to conceal the origin of funds or ownership.#DASH