Details about sDASH cryptocurrency
sDASH
SDASH
Unknown for now
€370 ( 0%)
€35,238
0
Unknown
https://docs.synthetix.io/tokens/list/
@synthetix_io
sDASH price charts
SDASH exchanges
sDASH, the crypto
sDASH (SDASH) is a type of cryptocurrency that is pegged to the price of DASH, which is a well-known cryptocurrency. Each unit of sDASH is equivalent in value to one DASH, and can be used for the same purposes as DASH itself.
The point
The main point of sDASH (SDASH) is to provide a stablecoin option for people who want to use the DASH cryptocurrency without having to worry about the price volatility associated with many cryptocurrencies. By pegging the value of sDASH to DASH, users can have more certainty about the value of their holdings.
The problem
The problem that sDASH (SDASH) tries to solve is the volatility of cryptocurrency prices. Many cryptocurrencies, including DASH, can experience dramatic price fluctuations on a daily basis. This can make it difficult for people to use these currencies for day-to-day transactions or as a store of value. sDASH (SDASH) aims to provide a stablecoin option that can be used for these purposes without the risk of value fluctuations.
Compare SDASH and BTC performance
| Timeframe | SDASH | BTC |
|---|---|---|
| 1h change | 0 % | 0.305838 % |
| 24h change | 0 % | 0.187777 % |
| 7 day change | 0 % | 2.94063 % |
| 14 day change | 0 % | -9.32991 % |
| 30 day change | 0 % | -7.64602 % |
| 200 day change | 1.41 % | 127.554 % |
| Year change | 0 % | 132.596 % |