Review on BitStash by Othere Obtentus
A disregarded means of payment
BitStash (STASH) describes itself as a currency that can be used for conducting transactions, completing payments, and as a means of commerce. It tried to establish itself as a means of payment rather than a trading asset but failed in the process.
BitStash had a hard time gaining any value and generating some demand from the start and beside a little bit of price fluctuation, it has not seen much rise in its price. Referring to Coinmarketcap and Coingecko, it has an unknown trading volume in the past 24 hours and it has a circulating supply of 0 coin in the last 24 hours which indicates that it lies inactive in the market. I was not able to find any market in which STASH is still being traded.
STASH is not listed on any mainstream exchanges but on some decentralized exchanges though its does not have any volume on those exchanges. Its Twitter page and other social media accounts are also inactive and unmaintained with only some updates once in several months.
However, the Telegram group is still active and the admin claims that they will be releasing a new road map this month and will have some new plans and potential changes to move the project in a real decentralized manner including having their own blockchain and move away from the Ethereum network. Only time will tell the future of the STASH token and currently it is an ignored token in the market.
Pros
- None
Cons
- Circulating supply of 0 coins
- No trading volume
- No updates in its website or social networks
