Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
DASH coin lead privacy coins rally as broader crypto market bleeds

DASH coin lead privacy coins rally as broader crypto market bleeds

CoinjournalCoinjournal2025/11/04 21:57
By:Coinjournal
DASH coin lead privacy coins rally as broader crypto market bleeds image 0
  • DASH price surges over 150% as privacy coins attract renewed investor demand.
  • Aster DEX listing has boosted DASH liquidity and trading volume sharply.
  • Bulls now eye $150 target if DASH holds above the key $100–$120 support zone.

While the broader cryptocurrency market struggles under heavy selling pressure, DASH coin has emerged as an unlikely leader, staging one of the most remarkable comebacks in recent months.

The privacy-focused coin has surged more than 49% in the past 24 hours and over 150% in the past week, defying the downturn that has gripped most major coins.

Renewed investor interest in privacy coins, exchange listings, and strong technical momentum have all helped fuel DASH’s latest explosive rally.

Privacy demand ignites a surging DASH coin price

As Bitcoin and other leading assets face growing regulatory scrutiny, investors have increasingly turned to privacy coins such as DASH, Monero, and Zcash .

This shift in sentiment comes as governments prepare to tighten transparency and reporting standards ahead of 2026, prompting traders to seek digital assets with built-in privacy features.

DASH’s optional “PrivateSend” feature has drawn attention from long-term holders who view it as a hedge against excessive surveillance.

Notably, the privacy narrative has grown stronger in recent weeks, with capital rotation clearly visible in market flows.

Alongside Monero’s 23% and Zcash’s 26% gains, DASH’s performance stands out as investors pour into assets that promise discretion in transactions.

Adding to the bullish momentum, DASH coin was recently listed on Aster DEX, a decentralised exchange backed by Binance .

🚨 New Perp Listings Alert! $ZK and $DASH are live on Aster Perpetual with up to 5x leverage.
Trade now to enjoy a 1.2x symbol boost until 23:59 UTC 9 Nov.

🔸 $ZK ( @zksync ):
🔸 $DASH ( @Dashpay ):

— Aster (@Aster_DEX) November 2, 2025

The listing introduced 5x leveraged perpetual trading, dramatically increasing liquidity and visibility for the coin.

Trading volume skyrocketed to over $2 billion in 24 hours, up 156% from the previous day, while open interest in derivatives surpassed $100 million — the highest level in years.

This surge in speculative activity signalled not only renewed trader confidence but also growing belief in DASH’s longer-term value proposition.

Breakout confirms technical reversal

From a technical perspective, DASH has broken out of a prolonged 968-day downtrend, climbing from the $50 region to above $130.

All major exponential moving averages (EMAs) — the 20, 50, 100, and 200 EMAs — are now aligned in bullish formation, confirming a strong uptrend.

Momentum indicators, however, suggest caution.

The relative strength index (RSI) recently peaked above 93, signalling overbought conditions after the coin’s parabolic rise.

DASH coin lead privacy coins rally as broader crypto market bleeds image 1 DASH coin price chart: Source: CoinMarketCap

Despite this, the $100 to $120 range is viewed as a critical support zone. If bulls can defend this level, DASH could extend its rally toward $150 and possibly $170–$180 in the near term.

Conversely, a drop below $100 may invite profit-taking and push the price toward $85–$90, areas that coincide with key Fibonacci retracement levels.

Whale accumulation has also played a significant role in the latest surge.

According to Illia Otychenko, a lead analyst at CEX.IO, the top 100 DASH wallets now hold nearly 37% of the total supply — the highest concentration in a decade.

This accumulation trend reflects growing confidence among large holders that the coin’s revival could mark the beginning of a longer bull cycle.

Market sentiment remains bullish but fragile

Despite the overheated indicators, the overall sentiment around DASH remains firmly bullish.

The coin’s rally has been supported by broader momentum within the privacy coin sector, rising derivatives activity, and expanding cross-chain integrations through the Maya Protocol.

On-chain inflows recently hit a multi-month high of $4.2 million, suggesting a fresh wave of accumulation and renewed faith in the project’s fundamentals.

However, the broader market backdrop remains uncertain. Bitcoin’s 17% monthly drop and a crypto fear index reading of 27 underline the cautious mood across digital assets.

For DASH, holding above $120 in the coming sessions will be crucial to sustaining its breakout and confirming a trend reversal.

In the near term, traders should watch closely to see whether the DASH price can consolidate above $130 and turn resistance into support.

If the privacy narrative continues to attract capital and liquidity remains high across exchanges, DASH could retain its leadership among privacy coins even as the rest of the market struggles.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The AI boom may follow the path of the 19th-century railway bubble, and builders may not be the ultimate winners

Goldman Sachs analyst Bobby Molavi compared the current situation to the 19th-century British railway mania: 500 companies spent more than the nation's annual income building 8,000 miles of railway, with most early investors losing out, while the real beneficiaries were the later "passengers." He pointed out that the current AI craze is driven by both debt and momentum, and that the S&P 500’s forward P/E ratio of 18x is only "a bit cheaper." Whether the builders can retain value is uncertain, and history does not offer an optimistic answer.

华尔街见闻•2026/11/12 03:56
The AI boom may follow the path of the 19th-century railway bubble, and builders may not be the ultimate winners

If Anthropic's IPO goes smoothly and the stock price rises next week, then everything remains the same for AI. Otherwise, some companies will go bankrupt.

The shrinking valuations of two major giants have triggered a chain reaction—investors are adopting more conservative revenue multiples for AI startups and are directly halting high-valuation financing for companies with zero revenue. Multiple venture capital firms have advised their portfolio companies to lower valuation expectations and to quickly build up cash reserves. Market participants warn that the outcome of Anthropic’s IPO will be a barometer for the industry: if successful, the boom will continue; if it fails, some companies may face elimination.

华尔街见闻•2026/11/12 03:46

After the Brazilian election, political discount deepens; Morgan Stanley remains bullish on Petrobras (PBR.US), focusing on fuel pricing and dividends

Morgan Stanley still maintains its most optimistic "Overweight" rating, but has lowered its year-end 2027 target price from $31 to $25.

智通财经•2026/11/12 03:42
After the Brazilian election, political discount deepens; Morgan Stanley remains bullish on Petrobras (PBR.US), focusing on fuel pricing and dividends

Corning (GLW.US) receives initial "Buy" rating from Jefferies! AI factories driving a fiber optic rush, with a potential global supply gap of up to 30%

For Corning, the recent profit growth mainly comes from the expansion of AI clusters. As the number of optical links crossing cabinets and campuses increases, customers need to deploy more optical fibers within limited conduit and cabinet space, thus driving demand for high-density optical cables and connection systems.

智通财经•2026/11/12 02:47
Corning (GLW.US) receives initial "Buy" rating from Jefferies! AI factories driving a fiber optic rush, with a potential global supply gap of up to 30%