DCN or Dentacoin has taken a sudden rise in the past week or so, rising from obscurity into 23rd in overall market cap. Some may wonder how this is possible, or why it even happened in the first place.
The average annual worth of the dental industry is in the billions. Maybe not in most nations, or in any nation singularly, but all together dentistry is worth a ton globally. Dentacoin is the first medical blockchain token, and it is for the dental industry.
There are clinics in Europe and Asia that are already using DCN as payment for treatment; services, prescriptions, equipment, etc. There are already talks with more wealthy nations in progress, Canada and the United States to name a few, for trial clinics.
One may also download a dental care app on the Google Play store that rewards users in DCN for good tooth care and practices. Although it is in trial mode, the user base grows by the day.
Right now one DCN costs 0.006 on average at the time of writing and has seen amazing growth the past 30 days, and has started to 'moon' in the past week.
As a serious project in a long-standing global industry DCN's gains are not another pump-and-dump that will just fade away. But grow as the majority of investors hodl, and day-traders dwindle on the DCN markets. DCN will prove to the rest of the medical industry (now we're looking at trillions in market value entering the crypto world) that it is safe and reliable if done properly, that profit is there to be realized beyond their concept of reality.
Looking Towards The Future:
Real-world applications are what will be the biggest gainers while other cryptos (eth, ltc, btc, bch, xmr, etc, and so on) compete to be the universal go-between. Honestly we will likely end up with 3-4 major ones at the end with industry coins/tokens on the side. Like stock, these will be the linchpins of value in the new digital economy that is emerging. As you hear of new projects and ICOS be sure to do diligence with your research so as to make the best decisions possible.
Not to toot my own horn too loudly but I called the rise of a couple new contenders including DCN. BCN, XDN, and DOGE have seen increasing gains while XRP and XVG have dropped off a bit and have consolidated horizontally. These moves have taken me somewhat by surprise at their sudden rise, simply because I predicted a bit of a later, and lower incremental increase. But its the world of crypto and 30% up and 30% down in the same hour should be no surprise to any seasoned hand.
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