WATCH

Dash (DASH)

Digital cash with InstantSend and PrivateSend. DAO treasury governance.

Ranked 135th of 251 rated tokens. Scoring pass 11 Jun 2026.

Score
101/250
135th of 251
Percentile
46.6%
of the rated universe
Circulating
67.6%
32.4% of value still to vest
Off all-time high
-98%
50x to recover
DashNative L1+101 since last pass
01

What the numbers say

DASH scores 101 of 250 across the 25-variable framework, which places it 135th of 251 rated tokens and inside the lower half of the set. The framework verdict is WATCH.

The score rests on Insider Selling 6/10, 21st of 251, Vesting Schedule 7/10, 35th of 251, Real Staking Yield 5/10, 37th of 251 and BTC Alpha Potential 4/10, 45th of 251.

Against the same universe, DASH sits in the bottom third on Revenue Trend 2/10, 191st of 251. These are the variables that would have to move for the verdict to change.

Only 67.6% of DASH's maximum supply is in circulation, so 1.48x the current float is still scheduled to arrive. Holding price per token flat while the rest enters circulation implies 32.4% of the fully diluted value sitting ahead of today's holders. That is a real but manageable overhang.

DASH trades 98% below its all-time high of $1,494. Recovering that level is a 50x move, not a 98% one, which is the arithmetic most drawdown charts hide.

The framework score gained 101 points against the previous pass (0 to 101). Revisions of this size follow a change in the underlying variables, not a change in price.

02

25-variable breakdown

Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.

Cash flow

Cash flow variables for DASH, scored 1 to 10 and ranked against 251 tokens
Protocol Revenue
398th of 251
Revenue Trend
2191st of 251
P/S Multiple
4104th of 251
Real Staking Yield
537th of 251

Supply

Supply variables for DASH, scored 1 to 10 and ranked against 251 tokens
Supply Inflation
561st of 251
Vesting Schedule
735th of 251
Circulating / FDV Ratio
746th of 251
Buyback and Burn
2114th of 251

Ownership

Ownership variables for DASH, scored 1 to 10 and ranked against 251 tokens
Smart Money Flows
3149th of 251
Insider Selling
621st of 251
Holder Concentration
458th of 251

Traction

Traction variables for DASH, scored 1 to 10 and ranked against 251 tokens
TVL Trend
3111th of 251
Active Users
3149th of 251
Developer Activity
4158th of 251
Network Growth
3156th of 251

Position

Position variables for DASH, scored 1 to 10 and ranked against 251 tokens
Market Share
487th of 251
Competitive Moat
4114th of 251
Institutional Adoption
3115th of 251
Exchange Depth
573rd of 251
Social Mindshare
3157th of 251

Risk

Risk variables for DASH, scored 1 to 10 and ranked against 251 tokens
Regulatory Safety
5102nd of 251
Catalyst Calendar
3158th of 251
BTC Alpha Potential
445th of 251
Team Execution
4147th of 251
Treasury Runway
574th of 251

The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.

03

Catalyst and risk

Next catalyst

Dash payment adoption in emerging markets and InstantSend feature for merchant use cases.

Principal risk

Fierce competition from faster payment coins and declining development activity relative to peers.

04

Market and supply

Price$30.41
Market cap$389.0Mrank 109
All-time high$1,49419 Dec 2017
Circulating supply12,792,473
Eventual supply (max supply)18,920,000
Dilution to full supply1.48x
Listed onBinance, Coinbase, Kraken

Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.

05

Tokens with a similar profile

These are the closest matches to DASH measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.

07

Common questions

What is the Early Thunder score for Dash (DASH)?
DASH scores 101 out of 250 on the 25-variable framework, ranking 135th of 251 rated tokens (lower half). The framework verdict is WATCH.
What are DASH's strongest fundamentals?
DASH ranks highest on Insider Selling 6/10, 21st of 251, Vesting Schedule 7/10, 35th of 251, Real Staking Yield 5/10, 37th of 251 and BTC Alpha Potential 4/10, 45th of 251. Ranks are measured against all 251 tokens in the same scoring pass.
What are the weakest parts of the DASH thesis?
DASH scores in the bottom third of the universe on Revenue Trend 2/10, 191st of 251. The single risk carried on the scorecard is: Fierce competition from faster payment coins and declining development activity relative to peers.
How much DASH supply is still to enter circulation?
67.6% of eventual DASH supply is circulating today, leaving 1.48x the current float still to arrive. At a flat price per token that is 32.4% of fully diluted value ahead of current holders.
How far is DASH from its all-time high?
DASH trades 98% below its all-time high of $1,494. Returning to that high requires a 50x move from the level used in this scoring pass.
Which tokens have a similar profile to DASH?
Measured on the shape of all 25 scored variables rather than on price, the closest matches to DASH are BADGER (100), CELR (90), ALPHA (91) and KSM (103). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
What is the next catalyst for DASH?
Dash payment adoption in emerging markets and InstantSend feature for merchant use cases.

Keep reading

Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.