This is a bloodbath
By now you probably already seen or heard about the terrible dip, some even call it crash, of the crypto market. Double digit loses and pretty much all the hot cryptos are in red numbers, all but... Dentacoin?
All the great blockchain companies, hot startups and crypto legends are suffering a massive down in value, the general market cap has lost more than $100 billions but there are a handful of tokens that has turn this upside down and out of no logical explanation grown and make profit during this time. That is the case of the coin in mention, Dentacoin, a cryptocoin that has managed to grow about 7% in the last 24 hours, but how? Why?
So, what is Dentacoin?
The blockchain solution for the global dental industry.
A mean of payment for Dental procedures at clinics that works as some sort of loyalty program. Great, but why now? Who is putting money in this? This called my attention because is based on a Ethereum Smart Contract, so if everything is down, even ETH, how is this coin going up? The trend in the market its being so weird.
Dentacoin is the first Blockchain concept designed for the Global Dental Industry. The Dentacoin ERC20 token is configured to be used globally by all individuals. Dentacoin aims at improving dental care worldwide and making it affordable through crowd power. Numerous Blockchain-based tools will be developed and implemented.
The behavior of today's market makes no sense to me and even less with this kind of situations. Apparently today is good day to pay for dental services.
What is your opinion? Please share your thoughts in the comment section.
Thank you for reading.