Bitcoin Forum

Dash is one of those old privacy coins with unique features not found elsewhere. For instance, the project has adopted a mechanism dubbed "ChainLocks" to protect the Blockchain against 51% attacks. It also has instant transactions (InstantSend) and privacy features (CoinJoin) baked into its protocol. Yet, Dash has been under the radar of many investors and traders alike sitting around $70 per coin. With a proven track record of development and innovation, Dash should've been in the top 5 cryptocurrencies in market cap by now.

Do you think Dash is undervalued? If not, why? Your input will be greatly appreciated. Thanks. :)

From what i've noticed, fundamentals don't mean crap at this round of altcoin bull run. For example people are aping in on food-meme tokens and money involved those is just insane. Yeah, Dash is highly undervalued imho, and so are may other older coins with good fundamentals. Shit tokens on the other hand seem to be on fire, and i am hoping that most of them come crashing down and money from those moves back to coins with real fundamentals.

Fundamentals have never really meant much in crypto/altcoin market in my opinion. It didnt matter back in 2017-18 when tokens wit copy/pasted code and whitepapers were popping up like rats and it dosent mean anything today as well where most tokens arent even releasing white papers anymore and yet still managing to raise money in another form ( by getting retail investors to give them liquidity through uniswap Lp's by promising them 1 million% APY) Only thing that matters is hype and greed.

As the saying goes a fool and his money are soon parted.

Dash is not undervalued at all, it still makes its way to top 30 cryptocurrencies. But, there are many coins that have lower value to dash that have the features you mentioned above. What I noticed is that a coin can receive attentions from whales and many other investors, very possible Dash has potential to be pumped and make it way higher, and being at the 29th with a marketcap of $661.20 million as of the time I was writing this, it is still a very strong currency.

Dash is a strong currency.

DAS is currently @ rank 30 spot on coinmarketcap.com with a 670M USD Market Cap. If you can consider it's price peak during 2017 to 2018, it is really undervalued but in genera, the current price is the normal price of Dash before it was pump during crypto hype. There is a lot of competitors out there which is the reason why Dash was already fall behind the ranking even though its current marketcap was there average M.cap.

Don't expect that it will be hype same as the previous price pump same with NEO. A lot of Blockchain project already ahead of them so its very hard for them to attract tank all the investors money.

Dash was worth about 1600 in its ath
Now it is 70.
I would stay away just because of that. It is probably go to zero imo.

Additionally,  what can it really do that bitcoin cant?
Btc is resilient enough,  that 51% doesn't mean much.

Dash was heavily premised, which is very unethical. 11% of total coins were instamined in the same wallet and still sits there.
https://bitcointalk.org/index.php?topic=1043923.0

Some old coins like Dash are really good projects and investment point of view as well they made many people rich but in the current market and environment the situation is a bit tricky i mean these good coins like dash have to be proactive and make necessary updates and improvements and try to grow with the current market to not look old or outdated, having said that i do agree that Dash is undervalued and will grow with the bull market.

https://i.imgur.com/Gft5kjc.jpg

Chainlocks is awesome

Chainlocks theoretically makes it almost impossible to perform a 51% attack on DASH!

- https://dashnews.org/andreas-antonopoulos-calls-dash-chainlocks-a-smart-way-of-preventing-51-attacks/

- https://blog.dash.org/mitigating-51-attacks-with-llmq-based-chainlocks-7266aa648ec9

=

On the privacy feature, Privatesend, I think its too complicated to use,
and I dont think its used much, theres also no reward to add liquidity to it,
I also feel the community doesnt care about privacy as much as they used to

=

Instantsend is awesome, transactions confirm INSTANTLY
I bought a Dominos gift card with Dash using Bitrefill: https://www.bitrefill.com/buy/dominos-usa/
payment went through INSTANTLY, added it to the end of my order
I paid crypto for pizza!

=

I believe Dash is definitely undervalued
and that it hasn't gotten the attention it deserves

Exactly. Most people are focused on making a quick buck, rather than following a crypto's fundamentals. What matters is not how much money you'll be able to make with an specific cryptocurrency, but rather how useful it is for daily payments. A stable blockchain network with decentralization and security in mind is built to last a lifetime. Regardless of what DASH's price may be in the future, it'll survive a lifetime because of its rock-solid development and innovation. Not to mention, it's much more useful as digital cash than most cryptocurrencies out there on the market.

DASH's current features should've allowed it to reach the top 10 ranks in market cap by now. The cryptocurrency has a limited supply, and most importantly, a mechanism to protect itself against 51% attacks. While other small blockchain networks have been trying to figure out a way to prevent further disruptions, DASH already solved this problem. For instance, Ethereum Classic (ETC) has been subject to various 51% attacks during this year. But the dev team haven't adopted a mechanism to protect the Blockchain against such disruptions. They've could've easily adopted DASH's "ChainLocks" mechanism via the use of masternodes, or simply relied on Bitcoin's hashrate for security (dPoW). Being unable to provide a solution to the problem, makes DASH a superior coin in my own opinion.

Nonetheless, DASH may be undervalued but it's still one of the best cryptocurrencies around. There are many businesses and merchants accepting it, which is a good sign of mainstream adoption. When a cryptocurrency has this, it'll be able to last for long. While most newly-hyped coins and tokens with no future will eventually fail, DASH will survive alongside old coins like Bitcoin and Ethereum. If money starts pouring into DASH, we could expect prices to go above $70 in a blink of an eye. Let's hope DASH reaches a price of $1k per coin in the future. Just my opinion :)

I don't think that DASH is very undervalued, but it costs proportionally for all the old projects... By the way, if you want to be anonymous, then choose XMR! ;) By your logic, Monero is also undervalued!  :D

I'm not referring to DASH's privacy features, but rather its instant transactions and resistance against 51% attacks. DASH, being a smaller blockchain network than Bitcoin, has been able to solve many issues inherent within most cryptocurrencies available on the market today. In addition, DASH has a much more limited supply than Bitcoin. With a rock-solid foundation, the old privacy coin should've been among the top 5 cryptocurrencies in market cap. But it seems to me that people are into the "next big thing in crypto" instead of following cryptocurrencies with real use cases for the mainstream world. As long as the hype in new coins persists, DASH will be left behind other old coins in terms of market cap (and possibly mainstream adoption).

Whenever DASH is undervalued or not, will truly depend on a person's perception more than anything else. As long as the network stays healthy and the underlying cryptocurrency is actively traded on the market, DASH holders (like myself) should have nothing to worry about. Ultimately, it comes down to usability than a cryptocurrency's price on the market. And DASH is an extremely useful coin with unique features not found elsewhere. Just my opinion :)

I don't invest in DASH but I know it's a good cryptocurrency. DASH is at the forefront of technology and creates a master node of the trend, change the confirmation method combining POW and POS. Many cryptocurrencies have learned to convert mining methods from DASH. The present value of this coin is the potential, if the market explodes, DASH will inevitably increase in price.

Dash is a great coin, one of the best. The level of coins needed for the node is a little high, and I think the rate is artificially high, but there are still more advantages. I hold some Dash alts as I'm sure the project will develop, and the coin will rise in price. As for the anonymity, I doubt it's better to just use it for payments. But in general, it is a good coin, although I would not recommend holding too many DASH alts.

Instamine controversy is one of the main reason why Dash didn't get the same recognition as moenro ever though both are somewhat similar, people lost their trust on it but still it is hanging at good region.when there is more need for privacy coins over pseudo privacy coins then Dash also will go to moon and in my opinion is has potential since it has real life usage.

Dash is undervalued along with some other really useful alts like ETH and XMR while many shitcoin slike BSV, BCH and XRP are overvalued. I'm waiting for it to turn around.


Is there even an altcoin bull run yet? Most coins are still more than 60% down when compared with 2017.

Not really. It’s a good cryptocurrency, but being that good doesn’t mean that it must be in the top five. Yes it has very good features, maybe if you start comparing it with other cryptocurrencies, especially those that are in that top five you have said, you will notice that Dash is already in a good position. And a market price of over $60 and market cap of more than $6,00 million isn’t bad anyway.

Dash currently sits in the top thirty, that’s not bad. And there’s still more chances of the price going up in future.

the value is given by the crypto community, probably the community just tired of it and moving on

Agree, Dash is still undervalued but there are more reasons to look from different perspectives. Maybe the years when it was best to buy staking coins have lost the meaning for the crypto community and investors are not interested to invest in Dash.

Depending on the ATH price for each altcoin, almost 95% of altcoins have lost value in the bear trend. The correlation will show us it worth investing in the new projects which have more potential to make the second wave to ATH.

Dash is a dead coin. Yes, it has some nice features but its too cheap right now. Too many people lost money on it

Of course, it can't be underestimated, it's just that new coins are superior to DASH so investors prefer to invest in other coins that are more popular today.

I'd say that 100% of altcoins lost value in the 2018-19 bear market.
The question was are they in a bull market again.

I think that they are not because almost none of them have recoveded more than 50% of their bear market losses. If you look at their all time charts they look like they're still in their lows.

Yep, here is an overview of marketcap and % down from ATH that i made for Top 20 Crypto Coins 9 days ago :

Top 20 Crypto Assets, ranked according marketcap and category
Date : 1st of October 2020

https://i.imgur.com/8dmsoNn.jpg

Source :

https://coinmarketcap.com/coins/
https://coinmarketcap.com/tokens/
https://messari.io

A lot of Altcoins seem to be in the middle of a re-test of their low. Most are 80%-95% down from ATH. Basically Dash has been sidelining since early 2020 between $60 (low) and $90 (high).
The negative price volatility per month (Monthly Change %) seems to be low for Dash these days.

Like many Altcoins, Dash is currently very undervalued. Maybe more undervalued then others when you understand how much development has been put into this project,
even during a brutal and very long bear market.

Here are 4 very short videos explaining what Dash has been working on for the last 5 years, and which is getting close to release on Dash Testnet (End of 2020) :

Dash is Becoming a Cloud | Dash Platform #1
https://www.youtube.com/watch?v=9WqUMrIN58Q

What is Dash Drive? | Dash Platform #2
https://www.youtube.com/watch?v=14N5pnl5W0Y

What is Dash's Decentralized API? (DAPI) | Dash Platform #3
https://www.youtube.com/watch?v=S0pq-qOu9cQ

Usernames & Dash Platform Name Service (DPNS) | Dash Platform #4
https://www.youtube.com/watch?v=qQ4WikHu32E

Dash Platform Protocol (Final video)
Video not released yet

Dash Roadmap
https://www.dash.org/roadmap/

According to the last couple of years performance of Dash it clearly looks undervalued to me but I believe that Dash is very capable coin and it may get back on track in near future. The current momentum of its progress looks positive to me hopefully there will be some beneficial occasions for its holders and investors.

Dash is a very popular cryptocurrency and many investors invest in Dash for good profit, and I also invested in Dash a couple of months ago because I believe that the price of Dash will soon start to grow, because you by yourself see that there are only 19 million Dash available and I think big players will pump Dash when the time will come, and updates from the company are constantly being released, so Dash pump will be soon.

I think Dash coin should just make a huge development to be patronize and have a better number of investors once again if they wanted to regain what has been lose to their reputation as one of the top ranked altcoin. I know that Dash is really a good altcoin to invest with also I just don't think that is undervalued but instead under-develop as of the moment.

If newbies don't know where to get news, updates and technical analyses (are given free) for DASH project, DASH's ANN thread is the place for them.

Announcement thread: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency (https://bitcointalk.org/index.php?topic=421615.0)

qwizzie made that post with his personal analysis on DASH and describe his analysis very detailed. I don't need to say more because he is professional, I am not.

Undervalued, now!

There was a time when Dash was being regarded as the best PoS coin available at the market. So a lot of people invested in it. But when the prices crashed in 2018, many of them ended up with huge losses. The other altcoins made their recovery in 2019 and 2020, but Dash didn't went up as much as these coins. Another factor was the closing of BTC-e/Wex.nz. It was a major market for Dash.

So far, DASH is sitting below Binance's stablecoin (BUSD) in terms of market cap. It has managed to remain among the top 50 cryptocurrencies in market cap, despite experiencing decreased interest/demand from everyday users. The cryptocurrency still has an active development team and community backing it every step of the way. With innovations such as ChainLocks and instant transactions (via the InstantSend feature), DASH is still a relevant cryptocurrency for everyday payments. What doesn't seem to go accordingly is DASH's current price vs total/max supply. The leading masternode coin (DASH) is much scarcer than Bitcoin or Litecoin, yet it's still in the "double-digits" in price. If we were to compare DASH vs BTC and LTC, you'll realize that it's far superior (technically speaking). But money talks more than anything else. And so far, Bitcoin and Litecoin are in the lead because there's an ever-growing demand for them on the market.

Whenever DASH is currently undervalued or not, will depend on a person's perception about the cryptocurrency itself. At least, DASH's proven track record of development and innovation will keep it going for years to come. Remember, crypto is not about becoming rich in the short amount of time. Instead, it's all about being useful to the world as an alternative financial system for truly decentralized and censorship-resistant payments. And so far, DASH and other major cryptocurrencies have done their job well by focusing on security/reliability above all else. I'd be surprised if DASH gets past $2k in price sometime in the future. Just my opinion :)

I stand to be corrected, but I think most privacy coins are under this category. Just like you pointed out, DASH is one of the outstanding privacy coins in this space but seems Monero is always at the forefront. Nevertheless, I think maintaining a particular price range doesn't really spell bad for Dash, this is because there are many old cryptocurrencies that are no where to be found currently, in fact no one is even thinking about them. But since privacy coins are just few, I believe with constant development, a time will come when the attention will be moved to privacy coins again and the required growth of Dash will be witnessed.

In comparison to other alts Dash isn't bad for some of the reasons mentioned above. The coins in top 5 are ranking high because people use these coins more than others thus giving it more value. Not many coins are accepted by many stores, and despite Dash trying to be as innovative as it has been unfortunately for some reason it hasn't won investors over  :( and without investors the coin just can't move. much up the ranks. The best it can do is maintain its value.

With regards to Dash being undervalued, I think in the larger picture probably it isn't. There are too many coins out there and for one to stand out by being in top 5 it must be largely backed by investors and lots of people and even larger organisations. For instance, even in the gambling industry dash isn't particularly the coin of choice.

For 71k investment, you are getting about 4k return per year on around 5% profits from the masternode of DASH. Obviously this is not the end of it, the price of dash could drop and that means even with your masternode you could lose money, or price could go up and you could make double or even more of your masternode profit. It means you do not really consider the masternode income as the only thing.

However if we consider that, per year 5% return on fiat is just something silly, there is rarely ever anything that good and that is why I think it is quite near impossible to make it sound bad ever. Dash is a great investment, and you get a decent return from it as always, price could go up but the reward usually goes up as well. Only thing you have to ask yourself is if price going down or not in near future.

As I thought old coins not pumping up except Bitcoin will pump some popular altcoins will go thru, From now let you focus on the present coins that can earn and have potential for hold it for a long time that can earn you some big profit.

The defi tokens are getting the attention of investors, they probably don't pump in the old coins at the moment. However, investing in DASH is a good investment, it is at the ideal price to buy.

Sometimes it's good to do your personal research to know if that new project have a future before you start investing on that particular project. Dash has is own season is use to pump that will make many people to have interest according to some researcher, and we are approaching the season when the coin will be leading in the market by pumping more than other cryptocurrencies
Many investors still prefer to invest with dash coin than all those new project they don't really understand in profit making. There is hope that dash will improve in the areas of market that will make most of the investors come back to enjoy their profit making.
I think dash will improve to top up all the cryptocurrencies to become first position.

Your question look like an investment based question. Well, innovation is not enough, we have to know what are the project champions doing to take Dash to the market.

When I say market, I mean all the processes involved in marketing, evaluation and investing.

I think it is not really that undervalued, as it is still could be found as one of the top cryptocurrencies of on all markets. But if you are going to think about it, there are also many coins that have lower value to dash but also have the same features that were mentioned in this thread. I think it has a big potential as many old timer investors are also into the said coin and as it has a market cap of almost 670 million. We can bet that this would be a very good currency to invest with for a long time ahead.

If you really want to have some sort of interest rate with a bit of stability DASH is the way to go by logic, it is technologically like a savings account that gives you interest rate. Sure there are places that gives you money if you are willing to give your bitcoin, that way you would be making profit with your bitcoin as well, like freebitco.in who gives you 4% yearly interest on your bitcoin compared to just about 6% profit on your dash so some people could prefer that.

But the difference is, with dash you are the one in control of your money, when you get your profits you use it, when you have the dash masternode you can break it, it is all yours and nobody ever takes control of your money, we don't know what could happen to other places but your own money will always be under your own control which is more safe.

There won't be much returns, it's already at pretty high price. You can get better returns by 'gambling' at new launches lol

I think the reason why Dash is still at a low value is due to its staking I am impress how it is still having a great value even though we could use it for staking and earn more Dash.
It is only my idea why Dash still have low value for others I have seen so many staking coins that goes down easily because of it,
There are more people who would sell rather than buy it those who already have own staking coins would just continue to stake it and wouldn't accumulate more by buying.

IMO, Dash is fair or maybe slightly above valuation
Not saying that Dash won't move up in price or SHOULDN't move up in price

But i feel given the time the whole crypto industry grows
Dash is merely just a Blockchain "coin"
It does not have any other feature like smart contracts, dapps and etc
It only provide people to "transfer" and "receive"
Nothing Else

I don't think Dash is undervalued, because if we look at the data that Dash has a market cap of around $ 651 Million, and a volume (24h) of
approximately $ 566 Million. This proves that Dash's demand is quite high, so I don't agree with Dash being undervalued. But unfortunately
if we want to do anonymous transactions, we would prefer to use XMR instead of Dash. So Dash is only losing popularity, but still Dash is
a privacy coin that is still in demand today.

Here is the final video :

What is Dash Platform Protocol? (DPP) | Dash Platform #5
https://www.youtube.com/watch?v=y8LDANH6Ggw&feature=youtu.be

Looks like Dash latest update v0.16.0.1 that was implemented on Dash Mainnet two weeks ago is progressing nicely.
Masternode operators currently update faster then miners, but that is to be expected.

Links :

https://www.dashninja.pl/deterministic-masternodes.html (shows update progress for masternodes)
http://178.254.23.111/~pub/Dash/Dash_Info.html --> V16 Adoption (shows update progress for miners)

This latest update v0.16.0.1 once fully activated will hopefully improve Dash store of value, over a period of 5 years :

Dash adjusts block reward percentage to improve the economics of its network
https://cointelegraph.com/news/dash-adjusts-block-reward-percentage-to-improve-the-economics-of-its-network

Dash to Change Block Reward Allocation to Incentivize Masternode Owners
https://masternode.buzz/dash-to-change-block-reward-allocation-to-incentivize-masternode-owners/

Dash use cases and strong points:

* Instant settlement of transactions (within a few seconds transactions go from sender to receiver, fully spendable and fully protected against double spending)
* Dash network is protected against 51% attacks through ChainLocks (not even Bitcoin is fully protected against 51% attacks)
* Masternode Rewards for masternode operators (currently 5.64% annual revenue, once v0.16.0.1 gets activated that % will increase over a period of 5 years)
* Miners rewards for miners (once v0.16.0.1 gets activated the miners rewards will decrease over a period of 5 years)    
* Low Transaction Fees (average transactions fees : $0.003)
* Optional privacy on transactions

Once Dash Platform gets implemented on Dash Mainnet (somewhere 2021), Dash will gain additional use cases thanks to Dash Blockchain Identity, Dash Blockchain Usernames, Dash Blockchain Storage,
Dash Decentralized API, Dash Data-focused Dapps and an additional revenue stream for Dash masternode operators (Dash Platform will run on a side-chain with its own fees model, those Dash Platform fees
will be distributed to masternode operators).
  
This post is to highlight that Dash has evolved from just a privacy-focused cryptocurrency (like Monero, Zcash, $0xMR) to a cryptocurrency focused on fast and secure transactions,
with low fees and optional privacy and will use Dash Platform to strengthen that focus on transactions, while providing users and merchants with increased ease of use.

i also think its under value because the coin is not being talked about the most but i know that this coin is one of the top coins . the coin is also present on many gambling site  .

i didnt know that dash is a privacy coin too same as monero but its true that monero is more popular when it comes to privacy coin choice . dash should promote its other top notch feature if  the coin cant win in the privacy category  .  

or why not update the dash like what we are seeing on other coins like eth that have thier eth 2.0 , that way dash can be re discovered again .

Dash has less risk of getting removed from exchanges, then privacy-focused cryptocurrencies like Monero & $0xMR, because Dash uses optional privacy that is based on CoinJoin (developed for Bitcoin
and still active on the Bitcoin network).

Dash optional privacy method (PrivateSend) explained
https://docs.dash.org/en/stable/introduction/features.html#privatesend (press reload if it does not load correct first time)

CoinJoins as a Percentage of All Bitcoin Payments Have Tripled to 4.09% Over the Past Year
https://en.longhash.com/news/coinjoins-as-a-percentage-of-all-bitcoin-payments-have-tripled-to-409-over-the-past-year

I actually suspect there is more mixing activity happening on the Bitcoin network (through CoinJoin), then on the Dash network (through PrivateSend).
Both Dash and Bitcoin have publicly viewable open blockchains, privacy-focused cryptocurrencies like Monero tend to have closed-off blockchains.

https://dashnews.org/okex-korea-pauses-previously-announced-dash-delisting-pending-reasearch/
Dash is still traded there : https://okex.co.kr/kr/view/exchange/full?coin=DASH&market=BTC
They did delist Monero.

https://cointelegraph.com/news/australian-exchanges-delist-privacy-coins-amid-chainalysis-integration
Dash is still traded there : https://www.coinspot.com.au/buystop/dash
They did delist Monero

https://cryptonews.com.au/australian-crypto-exchanges-forced-to-delist-privacy-coins-or-be-debanked
Dash is still traded there : https://swyftx.com.au/buy/dash-dash/
They did delist Monero

As an long time investor of DASH, it sucks to see the cryptocurrency experiencing declined interest in the mainstream world. Other cryptocurrency projects are lucky in part because there are many investors pouring money in them. At least, the DASH project is active with a plethora of developers and individuals supporting it every step of the way. What matters is not price, but rather the usability of a Blockchain network. DASH's rock-solid features and long-term stability proves us that it's extremely useful for the world. What I enjoy about DASH the most is its instant transaction confirmation times (using InstantSend) and protection against 51% attacks (using ChainLocks). This could make DASH survive for a very long time. While other coins will continue to rise in price like there's no tomorrow, DASH will continue to grow under the scenes at a slow and steady pace.

All in all, people will truly determine the value of DASH as time goes by. I believe that DASH is worth much more than just double-digits because of the aforementioned reasons. $1k per DASH seems feasible to me. In a crypto world where hype goes above anything else, cryptocurrencies with true usability (like DASH) will often be undervalued while others will gain traction at a fast pace. There's no need to worry about the price per DASH as long as it continues to work as intended. In my eyes, DASH is a hidden gem that's waiting to blossom sometime in the future. Just my thoughts ;D

The faster transaction with additional privacy makes dash unique than other projects. I haven't seen any partnerships recently with dash. I think it's undervalued but dash should 
increase its exposure and need more partnerships for its growth.

No, Dash is not undervalued, Dash is one of the project that pioneer Masternodes and the hyp around masternodes is gone and this is what we are going to see about these farming projects also, once the reward decreases you see people moving out their money from it. It is a zero sun game

Dash has a long way before it can challenge that top 5 position even if we can say that it has plenty of usage because if you are going to check also the coins that are ahead of Dash, they have plenty of unique features also that is why they deserver their current ranks. If you say that Dash is undervalued then the team behind Dash is the main responsible to it either they are lazy enough to market their project further or they lack some unique  strategies to increase their demand together with the price and their market capital.

Exactly. Dash is the pioneer of masternodes, which has proven to be quite an innovative way to help maintain privacy while bringing instant confirmation times to the Blockchain. While most masternode coins have failed in the long run, Dash is still alive and running since its inception. Rewards for maintaining a Dash masternode are a lot higher than what its competitors offer right now. What I don't like about Dash is the static collateral requirement for masternodes which is 1,000 DASH. If you multiply that against current prices, you'll realize that it's pretty expensive to get a Dash masternode to start earning rewards. This leaves the "little guy" out of the system. If the Dash team leaves the collateral requirement as is, the network may become extremely centralized if prices go all the way to the moon.

At least, that's the only critic I have about Dash. Its instant transactions, privacy features, and now a new mechanism to protect itself against 51% attacks (dubbed "Chainlocks"), will make Dash a popular cryptocurrency in the long term. I believe that it's still undervalued because all of the features it provides, as well as, having a much more limited supply than Bitcoin. Dash should be sitting at around $2,000 (USD) per coin, but it's hovering between the $75 - $80 range. At least, the Blockchain works as intended. No matter what Dash's prices will be in the future, its usefulness will allow it to survive for many generations. I see a world where Bitcoin, Ethereum, and Dash become the leaders of the decentralized economy. They're old, but proven Blockchain networks that can stand the test of time. Ultimately, people will decide whenever they'd want to keep supporting Dash or not. If there's no demand for Dash, except its price to go to zero in the future. Just my thoughts ;D

Yes, this is one of the weaknesses of coin staking, the value of coins will continue to decrease if there is no market demand, if you really like coin staking it is better to choose coins that are active and each month has a clear development,
because if there is no clear development it is likely that the coin price will continue to fall.

As we can see in coinmarket cap there is a max supply of 18.9M Dash, and the current supply is 9.7M, so for the current price ($70.6) we could say it's undervalued.  But the price of the coin comes with their original features, and i don't see some awesome features on this coin, for me, it doesn't bring some revolutionary upgrades on the bitcoin core and i think this is the main reason why people isn't interested at all in buying the coin.

Four big advantages that Dash has over Bitcoin :

1 : Incentivized full nodes / masternodes
2 : Network protection against 51% attacks
3 : Instant transaction settlement (sent, confirmed and spendable by receiver within seconds)
4 : Decentralized optional privacy

Once Dash Platform hits Dash Mainnet in Q1 of 2021, more advantages open up for Dash over Bitcoin :

Data-type Dapps & Contracts
Data storage on the masternode network
Decentralized API (unique in the crypto world)
Blockchain Identity and Blockchain Usernames
  
I consider the masternodes, the instant settlement of transactions, the network protection against 51% attacks and the Dash Platform revolutionary upgrades, some of which have already been implemented in other crypto projects. Even Dash Governance model and DAO setup can be called revolutionary.

Number of Dash masternodes just reached new ATH of 5007, most likely due to our current Dash Core V0.16.0.1 containing a blockreward allocation change that will shift a part of the mining rewards (-9%) to masternode rewards (+9%) in a period of 5 years. Thereby increasing Dash store of value and making it more attractive for investors to setup more masternodes.

Dash blockreward allocation changes from 45% miners / 45% masternodes / 10% budget to 36% miners / 54% masternodes / 10% budget over a period of 5 years.

On the other hand, we see that many cryptocurrency services are moving away from the "just bitcoin" policy and adding other coins to their platforms,
such as Ethereum, Litecoin, Dash and others.
But on the other hand, the possibility of anonymous payments prevents this cryptocurrency from trading on most major exchanges.
In 2020, we see only a fall in the price of this coin.

Dash is traded on most major exchanges :

Binance
Binance US
HitBTC
Huobi
Okex
Bithumb
Coinbase Pro
Coinbase
ZB.com
Bitfinex
WhiteBit
eToroX
Kraken
Poloniex

Dash stayed listed on exchanges where privacy-centric cryptocurrencies like Monero were delisted :

https://dashnews.org/okex-korea-pauses-previously-announced-dash-delisting-pending-reasearch/
Dash is still traded there : https://okex.co.kr/kr/view/exchange/full?coin=DASH&market=BTC
They did delist Monero.

https://cointelegraph.com/news/australian-exchanges-delist-privacy-coins-amid-chainalysis-integration
Dash is still traded there : https://www.coinspot.com.au/buystop/dash
They did delist Monero

https://cryptonews.com.au/australian-crypto-exchanges-forced-to-delist-privacy-coins-or-be-debanked
Dash is still traded there : https://swyftx.com.au/buy/dash-dash/
They did delist Monero

In 2020 we see a fall in price of most Altcoins, not just Dash :

https://i.imgur.com/XWaKJob.jpg
Source : messari.io

A two-three year long Altcoins Bear Season does that to Altcoins.

Dash is losing its last leg these days because of all the big staking and masternode and other methods of profiting while holding things coming out. The great thing about Dash was the fact that there were tons of people who used it because they wanted to buy a masternode and make a profit from that, you could have anything between 1 or 100 masternodes and no matter where you live even in the most expensive nations you could have lived without working ever again.

Obviously for that much money there are other methods too but some people preferred this method instead. Hence why it was so popular and it was bought so much. The problem right now however is the fact that there are swaps, more stakes, online other proof methods, basically tons of ways you could make more money with your money in crypto world.

Looking at its cap and rating I don't consider it to be undervalued if you compare it to rest of the crypto coins. Yes, you will see new coins that came out recently pulling money from these top coins. In the long run it'll come back to these coins once investors start getting burned from their hype investment. If you had compared current alt market to 2017 you would see most of them are quite undervalued compare to their past performance with btc being at the same price.

Dash was one of the best coins several years ago. Unfortunately, many investors lost their money when it was on the top, and they bought it. The altcoin is times cheaper now, and I doubt that it will let guys who hold it return money they invested.

I think you will be shocked when the bear market turns into a bull market for Dash and will start doing some crazy shit to the Dash price.
Number of masternodes is on an All Time High right now at the height of the current Altcoins bear market, think about what that means. Masternode operators are long term investors after all
and mostly invest because of ROI and expectations about future Dash price.

Lets compare Dash with Bitcoin :

Bitcoin reached $1,100 after 4 years and then corrected to $200
Dash reached $1,598 after just 3 years and then corrected to $31 (currently on $63) 

How many times did Bitcoin process a near 100% down from ATH price in its lifetime ? 3 times ? 4 times ?
This is Dash 1st time. This is many Altcoins first time.

I believe the Altcoins market will grow again, and Dash with it.

I am well aware of Dash to be a good cryptocurrency, but there are hardly anyone making use of it. It's a normal thing with a lot of cryptocurrencies, they are good, but they are undervalued. You can take a look at XRP, they have a really good plan and they have succeeded in working out many partnerships, but despite that, the crypto is still not that much valued. There are still more, and you can take Tron as another example.

So, there are good projects and they might still not be at the level you expect. But I believe that with time they are going to grow, and it's going to be when cryptocurrency has gotten much adoption, these projects will be at the forefront.

This basically summarizes DASH's benefits relative to other cryptocurrencies on the market. The DASH project is well-organized, with a budget for self-sustainability and a friendly community supporting it every step of the way. DASH is extremely active in development and innovation, despite sitting below the top 10 ranks in market cap. Comparing DASH's current circulating supply vs total supply, I'd say the cryptocurrency is pretty undervalued. But most people don't care about DASH since they're focused on making money with "De-Fi". As long as the attention is on big coins like Bitcoin and Ethereum, DASH will remain "under the radar" for quite some time.

Nonetheless, I believe that DASH's adoption of a mechanism to protect itself from 51% attacks is genius. The Ethereum Classic project and other small blockchain networks should copy DASH's model in order to prevent additional network disruptions in the future. With DASH improving at a slow and steady rate, it may be able to last a lifetime. It's one of those old cryptocurrencies that will live alongside Bitcoin and Ethereum for many generations. Whenever it's undervalued or not, that's up to the people to decide. Just my opinion :)