DASH Coin Reaches Three-Year Peak — Could $100 Be Next?
Dash (DASH), known for its privacy features, has experienced a significant surge of more than 65% in the past week, achieving a three-year peak.
As the demand for privacy coins increases, analysts are optimistic about DASH, suggesting it could exceed $100.
Reasons Behind DASH's Price Surge
According to BeInCrypto Markets data, DASH, ranking fourth among privacy coins by market capitalization, has shown consistent growth over the past month despite overall market challenges. Its value has increased by around 190% during this period.
On November 2, DASH hit $96.9, its highest since May 2022, following its listing on Aster, a decentralized perpetual exchange. The listing, which included DASH perpetual trading with up to 5x leverage, typically enhances a token's visibility and liquidity, often leading to short-term price increases and heightened trading activity. However, DASH experienced a slight correction soon after.
Currently, the altcoin is trading at $84.9, marking a nearly 15% rise in the last 24 hours, placing it among the top daily gainers on CoinGecko.
DASH Price Prediction: Could It Reach $100?
Community sentiment for DASH remains positive, with 82% of traders maintaining a bullish outlook on the token. This optimism is mirrored in price predictions, with many expecting DASH to surpass the $100 mark.
Previously, analysts identified $71.64 as a critical resistance level for DASH. Since surpassing this point, the token is poised for potential growth toward the psychological target of $100 and beyond.
"A daily close above $71.64 could trigger a major breakout. The first target is around $100, followed by $130," an analyst projected.
Another analyst foresees DASH trading between $100 and $140 in the near term, emphasizing that sustained interest in privacy-focused cryptocurrencies could propel the token to $250.
"DASH has demonstrated that privacy doesn't end with ZCASH. The month began with a 100% move in the altcoin. They're boosting it based on expectations similar to those surrounding ZEC," ACXtrades added.
The DASH rally is part of a broader trend in privacy-focused cryptocurrencies, which have been the best-performing sector in the cryptocurrency market in 2025. According to Artemis data, the sector has gained 186.8% this year, surpassing Bitcoin and Ethereum.
This trend is led by major tokens like Zcash (ZEC), which recently surpassed the $400 level before declining. While the outlook for privacy coins remains strong, it is uncertain whether this rally will continue or dissipate like other short-lived crypto trends.