DASH Token Surges 19% Amid Binance Trading Boost and Strong Volume Despite Regulatory Changes

DASHUSDT has experienced a sharp price increase of 19.27% over the last 24 hours, rising from a 24h open of $38.24 to a current Binance price of $45.61. This notable rebound can be attributed to renewed buying pressure following technical support levels being reached, increased liquidity from new exchange listings (including the recent DASH/USDC spot pair with support for trading bots and reduced maker fees on Binance), and active trader participation. Despite recent regulatory developments such as the Dubai Financial Services Authority’s ban on privacy coins including Dash within the DIFC, effective January 12, 2025, Dash has maintained strong trading volume, with recent figures ranging from $36.41 million to $95.34 million in 24h volume and a market capitalization between $466.1 million and $490.35 million. Dash’s supply remains at approximately 12.55 million tokens, and its technical outlook suggests that continued momentum above key moving averages could sustain recent gains.