The impact of technological advancement is prevalent across every sphere of our lives. One such technological advancement came in the form of cryptocurrencies offering the world something entirely new and different. But do you know we have a crypto coin one day representing the global dental fraternity?
Yes, you read it absolutely right! Dentacoin (DCN) is the first ever crypto of its kind that serves the dental industry worldwide. The token is the native currency of the Dentacoin blockchain network. This network came into being with a noble intent to make dentistry more affordable and accessible to anyone and everyone.
There is also a dedicated mobile application for the network called Dentacare. The platform helps people imbibe good oral hygiene habits and enhance their overall oral health. Besides, the network provides seamless access to essential market data, including market surveys, and is called DentaVox.
With distinct offerings like this, it does not come as a surprise that investors and traders are curious about Dentacoin (DCN). Consequently, many are even planning to invest in the token to gain short-term or long-term returns.
But is it a viable investment decision to invest in Dentacoin (DCN)? What does the future hold for Dentacoin (DCN)? Will Dentacoin (DCN) prices increasing in the coming future? How has Dentacoin (DCN) performed in the market until now? These are the questions you need answers to before investing in Dentacoin (DCN). So continue reading to get an in-depth analysis of Dentacoin (DCN).
Dentacoin (DCN) At a Glance
|Project Name||Dentacoin Blockchain|
|DCN Market Cap||$1,808,955|
|Current Supply||7,899,848,965,678 DCN|
|Circulating Supply||588,105,296,887 DCN|
|Current Price (As of August 1st week)||$0.000003|
|All-time High Rate||$0.005985|
Dentacoin (DCN): Overview
Dentacoin is the only global blockchain network explicitly designed for the dental industry. The blockchain came into existence with the intent to enhance global oral health. It does so with a preventive smart contract-based dental assurance model. Besides that, the blockchain also leverages a set of dental applications where users are incentivized based on good user behavior.
Dentacoin also has its own native cryptocurrency called Dentacoin (DCN). This currency is used to give users rewards based on their payments. Many people have the perception that Dentacoin is only designed for dentists. But in reality, Dentacoin’s target audience is more extensive as it helps bridge the gap between everyday lives and existing business environments.
The Dentacoin company was founded in 2017 in the Netherlands. The Dentacoin Foundation is an autonomous organization that gave rise to both the Dentacoin blockchain and the Dentacoin (DCN) crypto. What sets Dentacoin apart from others is that its legal structure is designed to ensure the effective execution of operations without compromising the user’s interest.
Dentacoin (DCN) is based on the ERC-20 network, and one can use it as a mode of exchange, earn rewards and make payments with their Dentacoin (DCN) holdings. Patients can even be rewarded in Dentacoin (DCN) for writing reviews, doing surveys, and reducing overall dental expenditure.
Moreover, 70% of the total Dentacoin (DCN) supply is locked in Time Lock contracts and released in small quantities every year to maintain the stability of prices. A certain amount of DCN is burned and destroyed to keep the demand in check.
Fundamental Value Of DCN Token
The number of cryptocurrencies has increased steadily over the past couple of years. But Dentacoin (DCN) is one such token that stands out with its distinct offerings. Being the only token designed to promote good oral health, Dentacoin (DCN) puts something entirely new and different on the table.
The Dentacoin (DCN) token is currently priced at $0.000003 with a 24-hour trading volume of $276.46. But the way things are going, chances are high that the token’s value will increase further with passing time. Dentacoin (DCN) has grown by 3.2% in the last 24 hours, which is a good sign for people looking to invest in the token and increase their revenue. Nonetheless, there are many ways the Dentacoin (DCN) yields a fundamental value so let’s check them out in detail.
Exchange With Other Cryptocurrencies
As with every other crypto available in the market, you can even trade Dentacoin (DCN) in different exchanges. The token is widely available across leading crypto exchanges, so you can readily buy them and exchange them for other cryptos. This offers an excellent opportunity to amplify your returns and drive results.
Using For Payments
The other great thing about holding Dentacoin (DCN) is you can use it to make payments for your dental requirements. You can use the token to pay for your dental insurance, dental treatments, and different oral care products available on the market. Dentists can use it to pay for dental equipment, materials, and other relevant services.
Holding as Future Oral Health Fund
If you are not a fan of buying insurance policies, you can use your Dentacoin (DCN) holdings as a holding for future oral health treatments. This ensures that you get the right dental treatment in the future, even if you lack the resources to pay for the said treatment. Hence this works pretty much like insurance for your oral health.
Now that you have a better understanding of the fundamental value of Dentacoin (DCN), it is time to dive deeper. This is important to understand better what the future holds for the Dentacoin (DCN) token. So continue reading as the following section walks you through Dentacoin (DCN) ‘s performance until now.
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DCN Token Price History And Overview
As mentioned earlier, Dentacoin started its journey in 2017, when a community of dentists got together to make dental treatments more affordable and accessible. The Initial Coin Offering (ICO) of Dentacoin (DCN) took place in October of 2017, where 20000 contributors contributed to the token. However, it was not until 2018 that Dentacoin (DCN) was listed in major global crypto exchanges.
Initially, Dentacoin (DCN) started its journey at a value of $0.00012153, followed by a further downfall. This was also the period when the token’s value plunged by 50%, taking the token’s value to just $0.00013475 with a trading volume of $18,739.
This was further followed by 2018 when Dentacoin (DCN) increased its value significantly. It was the 8th of January 2018 when the token reached its all-time high value at $0.0057. Unfortunately, the token’s value had continued to decline since then, when its value reached a low of $0 in March of 2018.
However, there was a sudden spike in the token’s value in the following months when it finally reached $0.1 in June of 2018. But that was it for Dentacoin (DCN), as the token’s value never really increased in the following months and years.
2019 was more of a stable year for the Dentacoin (DCN) token as its value remained more or less stable throughout. However, that does not mean stability is good because the token was still valued at a very low price in the market. This was not for most investors, and it did not take long before they started selling their shares in exchange for whatever they could get.
Then came 2020, which was certainly one of the worst years for the crypto market. The same year’s decline in Bitcoin’s value triggered Dentacoin (DCN) ‘s value to fall further. The token continued to trade in more or less the same condition without any significant changes affecting its value throughout 2020.
In 2021, the token opened the year at a value of about $0.00000800, and things did not change much for the remainder of the year. Of course, there were a couple of variations in the token’s value here and there. But there was nothing worth noting in the token’s performance in 2021. However, the token’s trading volume did fluctuate a lot throughout the year.
Then came 2022, when the token finally started to show some vital signs of recovery. It opened the year at a valuation of $0.00002000, but the value began to decrease in the coming months. It reached a valuation of $0.00001500 in the following month of February, which was followed by $0.00001200 in the following two months. But with the fear of a crypto crash in May of 2022, the value further plummeted to $0.00001000.
As of August 2022, Dentacoin (DCN) is valued at $0.000003 with a 24-hour trading volume of $240.36. But the good sign here is the token’s value increased by 9.89% in the past 24 hours. The market cap of Dentacoin (DCN) stands at $1,808,955, with a circulating supply of 588,105,296,887 DCN.
Price Forecast of DCN Token
The number of cryptos in the market is growing by the day, and choosing one among so many can be challenging. But tokens such as Dentacoin (DCN) are very different from your everyday crypto tokens. For starters, this crypto came into being with a noble intent to make dental care more affordable and accessible to the masses. But of course, this information alone is not enough for you to make an investment decision, so that we will get into more granular details.
As of August 2022, the Dentacoin (DCN) token is valued in the market for a price of $0.000003 with a trading volume of $240.36. But the good news here is that the token’s value has increased by 9.8% in the last 24 hours, which is great news for traders and investors looking to invest in it. The live market cap of Dentacoin (DCN) stands at $1,808,955 with a circulating supply of 588,105,296,887 DCN. Now, let’s take a look at the technical and fundamental analysis of Dentacoin (DCN).
Dentacoin (DCN) might not have been the most performant token in the market, but things were not always bad for the token. The recent years have not been easy for the crypto industry with the decreasing valuation of Bitcoin. But given DCN’s historical performance, you never know when the token will bounce back and yield impressive returns for you. Besides, 2022 has been a challenging year for the entire crypto industry, not just Dentacoin (DCN).
The bearish trend in Dentacoin (DCN) prices has never left its back since 2019. However, things really worsened extensively, with 2022 hampering the token’s value like never before. As of August 2022, the token’s value stands at $0.000003 with a 24-hour trading volume of just $240.36. This is understandable as the deteriorating scene in the crypto market is not an ideal time for investors to invest in an underperforming coin like Dentacoin (DCN). But one must overlook the fact that the token’s value has risen by 9.8% in the last 24-hour period, which is a great sign of improvement.
Every crypto token comes with certain fundamentals that play a key role in determining or influencing its performance in the market. Hence fundamental analysis becomes very important in determining the future performance of a token. This is also the reason why most diligent investors never undermine the significance of a token’s fundamental value.
When it comes to the Dentacoin (DCN) token, there is no question about the fundamentals of the token. The token came into being with a noble intent to make dental care more affordable and accessible to people. So sooner or later, the token will catch up to its growth pace and probably leave everyone shocked. But only the future will tell what is in store for the Dentacoin (DCN) token.
Note: One important thing you should know about the crypto market is that it is highly volatile. No matter how thoroughly calculated your forecasts and predictions are, you never know when things will change. Hence even those above technical and fundamental analyses are subjected to future variables. Therefore, you should always research and due diligence to determine if it is worth investing in a given crypto token.
Now that you have a clearer and better understanding of the technical and fundamental analyses of the Dentacoin (DCN) token, it is time to get into further details. The following section will give you a glance at some expert price predictions for DCN’s performance in the coming years. So continue reading to learn more and make informed investment decisions.
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DCN Token Price Prediction
Dentacoin Price Prediction For 2022 | Potential ROI: -10%
The Dentacoin (DCN) token started the year 2022 at a price of $0.00002000, which was already bad given the token’s past performance. But this was not the end as the token’s value continued to plummet further down, with each passing month reaching a new low of $0.00000300 by July 2022.
As of August 2022, the token’s value stands at $0.000003, which is not an improvement but at least it’s not a deterioration either. Besides, the token’s 24-hour trading volume currently stands at $240.36 with a live market cap of $1,808,955 and a circulating supply of 588,105,296,887 DCN.
For the remaining 2022, experts from TradingBeast are optimistic, suggesting the token will reach a valuation of $0.000005 by December 2022. Analysts from PricePrediction.net are not so optimistic as they expect a downturn to take the token’s value to $0 by the end of 2022. Finally comes experts from WalletInvestor who are of a similar view citing the prices will remain somewhere around $0.000003 by the end of this year.
Dentacoin Price Prediction For 2023 | Potential ROI: -12%
Most experts are of the view that things will not change much for Dentacoin (DCN) by the end of 2023. Experts from TradingBeast are the only ones expecting an upward trend to take the token’s value to $0.000006 by the end of 2023. Then comes the experts from PricePrediction.net, predicting the prices to fall further to $0.000001 by December 2023. Experts from WalletInvestor share a similar view with their predictions, also citing a price of $0.000001 by the end of 2023.
Dentacoin Price Prediction For 2024 | Potential ROI: 55%
Given the predictions by most experts, things are looking better for Dentacoin (DCN) by the end of 2024. Experts from TradingBeast are expecting an upward trend that will take the token’s value to $0.000007 by 2024. Even analysts from PricePrediction.net are expecting further growth to take DCN’s value to at least $0.000004 by the end of 2024. Experts from WalletInvestor are not very optimistic, but they, too, predict the prices will reach $0.000002 by the end of 2024.
Dentacoin Price Prediction For 2025 | Potential ROI: 57%
2025 will be another good year for the Dentacoin (DCN) token, as most experts are expecting the prices to grow further. According to analysts at TradingBeast, the prices will reach at least $0.000008. Even experts from PricePrediction.net are of a similar view, except their predictions are not as optimistic as you would expect. They cite a price of $0.000004 by December of 2025. Contracting all these predictions are experts from WalletInvestor who predict the prices will remain $0.000001 by the end of 2025.
Dentacoin Price Prediction For 2030 | Potential ROI: 97%
The long-term price predictions for Dentacoin (DCN) are very polarizing. Experts from TradingBeast expect the prices to eventually reach at least $0.000011 by the decade’s end. Even experts from WalletInvestor are optimistic that the prices will reach $0.000004 by the end of 2030. But experts at PricePrediction.net do not seem very optimistic as their predictions suggest a further downfall to take the token’s value back to $0.000003 by the end of the decade.
With so many numerical figures in place, we’re sure it can become challenging to understand. Therefore, to help you better, we’ve curated a tabular chart with the different prices and entry signals. Let’s check it out:
|Type Of Run||Bearish||Bearish||Bullish||Bullish||Bullish|
|Singal||Strong Buy||Strong Buy||Buy||Strong Hold||Strong Hold|
Dentacoin Assurance: What’s This Feature About?
Dentacoin Assurance is the first of its kind because it is based on the smart contract mechanism. The contract binds both patients and doctors to ensure effective dental care. The primary intent behind the assurance program is to focus more on prevention and pay for services in Dentacoin (DCN).
Dentists can benefit from the assurance program as it facilitates better pay and treatment and an additional monthly income in Dentacoin (DCN). This allows them to build a robust relationship with patients.
On the other hand, patients can benefit from lifelong access to preventive dental services at affordable monthly fees paid in Dentacoin (DCN). This makes it much easier for patients to access long-term medical care and maintain oral health.
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Is it Worth Investing In Dentacoin (DCN) Right Now?
The initial boom in Dentacoin’s value in March 2018 was the only time the token’s value spiked. But since then, things went rather downhill for the token, with its value plummeting quickly. However, that does not say much about the future of the token, given the volatile nature of the crypto market.
Deciding whether it is worth investing in a particular token is your personal decision as an investor. But you can always do your research and better understand the market before investing in it. This will give you the best way to determine the worth and viability of your investment.
Dentacoin (DCN) has come a long way since its inception in 2017. The token has not been as performant as other leading cryptos in the market, but it has served its purpose effectively. Even now, thousands of people use Dentacoin (DCN) to access affordable dental treatments.
This exhaustive article gives you a deep insight into the Dentacoin blockchain network and its native currency, the Dentacoin (DCN) token. You get all the details about the token’s past, present, and future. So, leverage this information to base your investment decisions and generate better returns.
Will Dentacoin (DCN) breach the $1 mark by 2030?
No one can ever give you an accurate prediction about a token's performance in the future. But experts do make predictions based on different factors and variables. Given all the predictions above, it is clear that Dentacoin (DCN) is not touching the $1 mark anytime soon.
What is DentaVox?
DentaVox is one of the mobile solutions that Dentacoin provides its users. One can use the platform to learn, answer and earn rewards in Dentacoin (DCN). They can later use these rewards for treating their dental issues or for preventive dental care.
Which blockchain network supports the Dentacoin blockchain?
The Dentacoin blockchain network is certainly one of its kind, and it operates on Ethereum, commonly known as the ERC-20 network. This ensures that Dentacoin (DCN) operates with a robust network which is a good thing for the token.