Long term analysis of Dentacoin (DCN)
Dentacoin is newly launched cryptocurrency is Ethereum based specially used for Dental Industry Globally. It is used as payment by different dental clinics since March 2017 in the cryptocurrency market.In march 2017 the pilot model of Dentacoin launched and more than 400 dentists registered on it and with the increasing demand of Dentacoin among the dentist the presale of Dentacoin launched on 1st July,2017 and be available at many international exchange platform and there was 10times hike in the price of Dentacoin after the Presale.
It is noticed that through digital platform like media and whitepaper the ICO price increased by approx. 4%
Price of Dentacoin in India
In oct,2017 in India the price of Dentacoin was INR 0.007895 and it started growing as in November the ICO of Dentacoin ended and the price started fluctuating and after up’s and down in price at last on 30th November 2017 it reached at INR 0.004353
During ICO the performance of the dentacoin was best and being motivated from the success the Dentacoin community set the goal of circulating aprox. 15 billions DCN
Overnight there was huge decline in the price of DCN in Indian Market. In December,2017 it entered with DCN price in INR 0.003452 and started growing and in the mid of the December it reached at it’s highest value of INR 0.04403 but after that the price fluctuated and on 31st dec,2017 it reached at INR 0.03918.
In Dec,2017 the price increased by 11% and in 2017 according to market cap Dentacoin grabbed 31st position in the cryptocurrency market.
On 1st Jan,2018 DTC started trading at INR 0.03534 and it followed the path of growth and on 7th Jan,2018 it became skyrocket and the price increased by 11% and reached at INR 0.3788 but suddenly it started moving in downward direction and with the negative trend it closed the month of jan,2018 at INR 0.07997
On 1st Feb,2018 the price of Dentacoin was INR 0.07608 and same down flow was going on in feb month.it closed the month feb,2018 with INR 0.05119
In March 2018 it was trading at INR 0.04035 and after price fluctuation it is currently trading at INR 0.01969
Future prediction of Dentacoin
It is very tough to predict anything in crypto sphere was it takes few second in market change. But as it is the best and revolutionary concept for healthcare industry and more dentists are getting attracted towards it as they are understanding it’s value for long term hold and it is also expected that the time people will start getting good return they will move into it for long term and it will remain in top 50 cryptocurrencies
Buy/ Sell/Trade in Dentacoin in India
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