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Dash (DASH) Network Looking Expensive as Sentiment and Interest Hover Near 1-Month Lows

Jun 11, 2019

Better Data for Better Investment DecisionsBetter Data for Better Investment Decisions
Better Data for Better Investment DecisionsBetter Data for Better Investment Decisions

 

  • Dash (DASH) is trading at a 1-month high valuation on a Network Value to Transaction Ratio (NVT Ratio) basis. The expensive network valuation is the direct result of price appreciation in the underlying DASH coin, which has grown 20.4% over the last 30 days to $144.55/coin, paired with depressed network a activity, which is indicative of DASH daily trading volumes that have steadily fallen through the month.  
     
  • DASH sentiment has also fallen off through the month both on an article and social sentiment basis. Daily article sentiment of DASH just hit a 1-month low this weekend while DASH social sentiment has been much more mixed over the last few weeks, recently hitting a 1-month high before skidding into the negative for two days.  
     
  • Overall interest in DASH gained through the month with DASH Google trend data trailing lower from its peak 30 days ago. DASH daily article count also sits near a 1-month low.  
     

Dash (DASH) Volume - Last 30 Days

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Average Dash (DASH) Article Sentiment - Last 30 Days

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Dash (DASH) Article Count - Last 30 Days

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We Crunch the Numbers, You Make the Trade.We Crunch the Numbers, You Make the Trade.
We Crunch the Numbers, You Make the Trade.We Crunch the Numbers, You Make the Trade.

 

Overall Dash (DASH) Social Sentiment - Last 30 Days

dash-overall-social-sentiment

Dash (DASH) Google Trends - Last 30 Days

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Dash (DASH) Network Value to Transaction Ratio - 10-Day EWMA - Last 30 Days

 

dash-nvt-data

 

 

 

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