Latin America is a huge untapped market for cryptocurrency. DASH and CoinLogiq have had their eyes on this market for quite a while now. Both are captalizing on the transition from fiat to cryptocurrency that has been taking place for years now. This change is currently escalating at "DASHing" speeds.
How is CoinLogiq making cryptocurrency easier to access in Latin America? CoinLogiq provides two-way ATMs in Latin America to aid the liquidity and remittance issues individuals face in these countries. They currently have ATMs in Colombia and are expanding to Brazil and Venezuela. DASH adoption is booming in Venezuela, Colombia, and Brazil, but there is nevertheless still risks for families that need to pay certain bills that do not currently accept DASH. These ATMs help bridge that adoption gap.
How is DASH helping speedup cryptocurrency adoption? There are now over 4,000 merchants, worldwide, that accept DASH, which is also potentially a conservative number since DASH accepting multi-coin POS providers further add to these numbers. Then the DASH hashrate is now at an amazing 2.89 petahashes, which is higher than the previous high of 2.63 petahashes reached in December and DASH is now only 10% of that previous exchange price. This signals rising confidence in DASH, despite the bear market, as more individuals dedicate more resources to help secure the DASH network.
DASH in Venezuela recently got a write-up in MarketWatch for its significant role in alleviating the financial and monetary pains of Venezuelans. This adoption has been possible due to the on-the-ground work by the Venezuela community outreach groups, such as DASH Venezuela. DASH Merchant, DASH Help, and DASH Text also recently released results from their social media influencer campaign.
This coin might be getting ready to "moon"...no, wait... it's getting ready to "DASH!"