With all of the attention focused largely on Bitcoin and Ethereum it can be hard to find solid news on other cryptocurrencies with good potential. The big buck players get all of the limelight and the sub-dollar altcoins often get swamped with spurious tweets from questionable sources or social media FUD.
One such altcoin that has been making moves recently is Dentacoin, a dental industry based cryptocurrency. According to reports, the blockchain that touts itself as the ‘future of dentistry’ has shot up 900% in just a few days. The price spike has taken it into the top 30 crypto list by market capacity where it currently sits in the 26th position.
Comparable to the low priced shares that have the potential to jump, these sub-cent altcoins often show similar chart patterns. DCN was trading at $0.0007 on January 5 and has now jumped to $0.007, it has risen a further 175% in the past 24 hours. Its recent spurt pushed the market capacity for this relatively unknown altcoin to over $2 billion.
Dentacoin is an extremely high volume crypto with 1.8 trillion of them, and 325 billion in circulation which lends to the notion that it would be difficult for something like this to climb …
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