Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
DASH experiences a 33.07% jump fueled by urgent meal deliveries and targeted growth initiatives

DASH experiences a 33.07% jump fueled by urgent meal deliveries and targeted growth initiatives

Bitget-RWA2025/11/04 00:06
By:Bitget-RWA

- DoorDash launched an Emergency Food Response initiative, pledging 1 million free meals and waived fees for 300,000 SNAP-eligible grocery orders in November. - The program partners with 25+ grocery chains to address federal SNAP benefit pauses, enhancing DoorDash's role in crisis aid and convenience commerce expansion. - DASH stock surged 33.07% in 24 hours amid the initiative, with 214.67% gains over one year, reflecting investor confidence in strategic expansions. - Parallel autonomous delivery pilots w

As of November 3, 2025,

surged by 33.07% in just 24 hours, reaching a price of $116.8. Over the past week, DASH climbed 157.2%, saw a 125.5% increase over the past month, and jumped 214.67% in the last year.

Following the federal suspension of Supplemental Nutrition Assistance Program (SNAP) benefits,

introduced its Emergency Food Response program, committing to provide one million complimentary meals and to eliminate delivery and service charges on 300,000 grocery orders for qualifying SNAP users throughout November. This initiative is being carried out in collaboration with more than twenty national and regional grocery partners, such as BJ’s Wholesale Club, ShopRite, Winn-Dixie, Dollar General, Giant Foods, and Wegmans.

This program is being recognized as a significant example of DoorDash’s ability to rapidly scale its infrastructure and community support during emergencies. By utilizing its online platform and working closely with grocery stores and food banks, DoorDash is establishing itself as a crucial connector between at-risk families and essential food supplies, while also strengthening its reputation as a socially conscious leader in the delivery industry.

In addition to its immediate relief efforts, the Emergency Food Response aligns with DoorDash’s long-term objective to broaden its presence in the convenience commerce sector. The company’s growth strategy has traditionally focused on expanding digital ordering, diversifying its service offerings, and continually improving delivery operations. This initiative furthers those aims by increasing DoorDash’s involvement in grocery delivery, an area with considerable future growth prospects.

At the same time, DoorDash has revealed a new collaboration with Waymo to begin autonomous delivery trials in the Metro Phoenix area. This partnership is part of DoorDash’s broader effort to incorporate cutting-edge technologies, including robotics and self-driving vehicles, into its delivery framework. The outcome of these pilot programs could significantly affect the company’s operational expenses, profit margins, and the scalability of its logistics network.

Backtesting Hypothesis

To gauge the potential impact of a sudden 5% price jump on DASH’s future movement, it is useful to examine how the stock has historically performed after similar events. A possible backtesting approach would be to track all occasions from 2022 to 2025 when DASH ended the day with at least a 5% gain, then study the price trends in the days or weeks that followed.

Considering DASH’s recent results, a comparable 5% increase could serve as an indicator for upcoming volatility or trend direction. The main idea is that a persistent rally of this scale—especially if triggered by major announcements or public programs—could signal a shift in investor outlook, particularly if the company can sustain or build upon these gains over time.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Tharimmune’s $545 Million Initiative Speeds Up Blockchain Integration Among Institutions

- Tharimmune raised $545M via private placement led by DRW/Liberty City to build a Canton Coin treasury and develop institutional blockchain applications. - Funds will acquire Canton Coins, operate Super Validator nodes, and expand the Canton Network connecting Goldman Sachs , BNP Paribas, and DTCC. - Stock surged 120% post-announcement as Canton Foundation's first public investment and institutional backing from Deutsche Bank/HSBC highlight blockchain adoption trends. - Strategic leadership changes and $3

Bitget-RWA2025/11/06 21:52
Tharimmune’s $545 Million Initiative Speeds Up Blockchain Integration Among Institutions

XRP News Today: Institutions Show Confidence in Ripple's Blockchain Ambitions Even as XRP Remains Unstable

- Ripple’s $40B valuation from a low-participation buyback reflects investor confidence in its regulatory clarity and expansion. - Partnerships with Mastercard and WebBank on RLUSD settlements highlight Ripple’s institutional credibility and blockchain innovation. - XRP faces short-term volatility, with analysts warning of potential 10% declines but some predicting 600% long-term outperformance over Bitcoin . - Strategic asset retention and ecosystem growth position Ripple as a key player in reshaping cryp

Bitget-RWA2025/11/06 21:52
XRP News Today: Institutions Show Confidence in Ripple's Blockchain Ambitions Even as XRP Remains Unstable

DeFi Faces Stability Challenge: USDX Redemption Issues Reveal Underlying Systemic Risks

- Whale investor 0xe454 spent $800,000 to buy 933,241 USDX tokens during its 2025 depeg to $0.3887, betting on recovery. - Redemption delays for both recent and prior 1.4M USDX purchases raised concerns over protocol stability and liquidity risks. - Lista DAO's emergency vote (LIP 022) aims to liquidate USDX positions amid 800% borrowing rates, mirroring 2025 xUSD collapse risks. - Experts warn cross-collateralized DeFi structures amplify systemic risks, urging stronger collateral diversification to preven

Bitget-RWA2025/11/06 21:34
DeFi Faces Stability Challenge: USDX Redemption Issues Reveal Underlying Systemic Risks

Fed’s QE Strategy: Could AI Mania Lead to a Repeat of the 1999 Bubble?

- Billionaire Ray Dalio warns Fed's shift to QE risks inflating an AI-driven bubble akin to 1999's dot-com crash. - He criticizes reinvesting MBS proceeds into Treasury bills as monetizing debt while cutting rates amid large fiscal deficits. - Analysts highlight risks of reduced T-bill supply, lower yields, and repo market strains from Fed's $15B/month Treasury demand. - AI sector valuations and corporate earnings will test Dalio's concerns as November inflation data and PMI reports approach.

Bitget-RWA2025/11/06 21:14
Fed’s QE Strategy: Could AI Mania Lead to a Repeat of the 1999 Bubble?