Venezuelan adoption of Dash gives a push to price
The recent adoption of Dash in Venezuela is not just a testimony to the cryptocurrency’s determination but also gives impetus to valuation. Ryan Taylor, the CEO of Dash has expressed his views on the company’s collaboration with Kripto.
Statement of Dash CEO
The CEO has stated, “Our partnership with Kripto will put all the components needed to use Dash preloaded into the phones of 10,000 new Venezuelan consumers every month.” As per his statement to Business Insider, the KRIP phones have its wallet ”to store Dash, services to obtain Dash, and the Bitrefill app to enable spending on various services. This complements the over 1,000 merchants already accepting Dash in Venezuela, and really addresses the chicken and egg problem of attracting both consumers and merchants to our growing ecosystem.”
Taylor has anticipated that the Arizona based company would be successfully achieving users every month by 10,000 in that region on partnership with Kripto Mobile Corporation (KRIP). Digital currency is well managed by this specially designed smartphone, KRIP. The smartphone is quite popular in South America.
Currently, the coinmarketcap suggests that this digital token is occupying the 14th position in the list of all cryptocurrencies. The valuation of this cryptocurrency in the crypto market space is $146.61 with market capitalisation of $1.21 billion. The trading volume in the last 24 hours has been $228.99 million and experiencing a positive change of 2.40%. In the last one week’s time, the token, on one hand, has seen an upsurge that has exceeded 20% and on the other hand, Neo [NEO], Tron [TRX] and IOTA [MIOTA] have risen by 17%, 24% and 44%, respectively.
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