The situation in the crypto market continues to worsen even though the number of users is on the rise. The crypto winter has been overextended and it currently feels like a nice age. Bitcoin (BTC) has refreshed the 2018 lows and has $3,000 in sight. Ripple (XRP) could not beat the bear pressure in the market and finally caved in, after all they say if you can’t beat them join them. XRP has dropped below$0.30 for the first time this week, besides the asset is still in danger of testing lows towards $0.25 and $0.20. Most of the assets in the market are struggling to stay afloat due to the bear pressure accept for a few tokens like Dentacoin (DCN) and Waves (WAVES) which are shinning with double digit gains.
The introduction of the blockchain technology more than a decade ago as a global solution for the financial system marked the beginning of a new industry. Apart from revolutionizing the financial system by giving more power to the people as opposed to the governance and control of financial regulators like the central banks, the technology has transcended other industries like the health industry and the transport industry among others. One of the projects that is bringing change to the global health industry is Dentacoin. This project was created as a solution to the vast health industry using the blockchain technology. Dentacoin website introduces the project as a:
“Secure Blockchain infrastructure, patient-centered care and intelligent prevention used jointly to improve long-tern heath, reduce costs and pain and ensure mutual benefits.”
Dentacoin exists to make the lives of patients better by bring focus back to them. It ensures a smooth transition from sick care to preventive care. This is achieved by fostering “intelligent prevention, the implementation of dedicated blockchain-based software solutions using an industry specific cryptocurrency.”
The network already has more than 190k users, followers and subscribers in addition to the 1.8k dentist. Moreover, the ecosystem boasts of having 80 plus dentists, labs and suppliers who accept the Dentacoin token for payments.
Dentacoin (DCN) is a double digit gainer on Friday with gains reaching 26.82%. The asset is towering above other assets in the market and is not hard to spot according to the live stream data on Blockmodo. Its trading volume has more than tripled from $19k recorded on December 12 to the current $64k at the time of press. Its market cap has also increase slightly in the same period from $32 million to $35 million and is ranked 83rd in the market.
Waves is among the projects in the industry that are categorized as blockchain as a service. The platform gives users access to solutions when it comes to data storage, development and issuance of tokens. It is a platform that is easy to use and has been optimized to ensure cutting edge security.
The Waves platform has been built for various participants in the crypto market including developers, traders as well as organizations. Its blockchain, referred to as Waves NG makes the platform easy to use and a lot faster in comparison to other protocols in the industry. The network supports hundreds of transactions per second and claims to be the fastest protocol in the world, according to the Waves website.
Like Dentacoin, Waves is the bull among the bears in the top 50 coins’ bracket. The digital asset has added 12.99% to its value in a bear market. It is trading at $2.14 and has a market capitalization of $213 million. Its trading volume stands at $35 million at the time of writing and is ranked 24th largest crypto in the world.