What’s the DENT team up to? The team doesn’t need its coin anymore as it accepts BAT and others. It’s also reportedly completely centralized. The company can mint new coins if it wants or freeze your coins in your wallet—freeze selling, buying, whatever it wants to do. This has something to do with governance, We certainly want some light shed on these complaints as worthwhile endeavors need community support.
Dent is a cryptocurrency founded by Tero Katajainen and developed on Ethereum. Dent attempts to be the best cryptocurrency for mobile data on the platform. The project is an entire ecosystem built on the Ethereum blockchain that plans to create a mobile phone and smartphone user community. The developers of the project pursue this goal so that in the future, they can influence the providers of mobile services to obtain better conditions than they currently have.
Dent is a data exchange platform that was created on the Ethereum blockchain. It has no central entity like other cryptocurrencies, and it allows users of Dent to purchase mobile data. Users of Dent can also share data of their own accord through a system on the platform. In this article, we will disclose our DENT token prediction.
Smart contracts which operate on the Ethereum platform are used for storing data. In essence, Dent’s primary function is to buy mobile data from other users on the network.
The question being posed is then – does the Dent coin have potential? What would the Dent DEX look like in the next five years? Here is the complete dent coin-price prediction
How does Dent work?
Dent is a lot easier to use and less expensive. Dent helps give access to the internet more accessible by using several projects. Mobile users need only to send Dent to telecom providers for their services. Additionally, there would be a provision data-sharing community where data users can quickly transfer, buy, or sell data on software.
Dent technical analysis Overview
|Coin||Symbol||Price||Marketcap||Change||Last 24h||Supply||Volume (24h)|
|DENT||$ 0.001004||$ 96.63 M||7.95%||95.65 B||$ 42.87 M|
Dent fundamental values
Dent is a recent and unique system that aims to develop mobile phones and smartphones. The project creators started to impact mobile services with the token positively.
This step ensures that future services rendered would be in a better situation than currently and why several people are buying Dent to add to their cryptocurrency wallets.
The Dent exchange is the first marketplace powered by blockchain technology to get Telco assets. The Dent marketplace represents a significant innovation, and as a global exchange powered by blockchain, the Dent token is used for every transaction on the crypto market.
The platform has a Dent mobile app that can be installed on mobile devices through which you can buy and send mobile data to anyone in the world. Buying Telco assets on the Dent app requires a Dent coin instead of fiat currency. The Dent platform is like a cryptocurrency marketplace in its mode of operation.
The Dent team came up with a network that allows users to sell their mobile data packages to other network users. The inspiration for Dent came up after Cisco released a study that disclosed that $32 billion worth of data is purchased, but 15% always seem to remain dormant.
Dent creators aim to provide a network that makes every telecom industry all over the world much more competent and inexpensive at the same time.
As of the writing of this Dent Price Prediction dating August 12, Coinmarketcap ranks the cryptocurrency at number 110 with a market capitalization of $666 million. Over 99.01 billion Dent tokens are in circulation and a recorded all-time high of $0.1114.
The DENT marketplace application is present on iOS and Android operating systems and allows DENT application users to buy or sell their mobile data without any hassle. Therefore, any user will sell their unused mobile data on the marketplace.
This enables users to trade their mobile data from the digital eSIM. The eSIM is the digital SIM provided by DENT to its users. It allows the users to contact another person quickly or use mobile data in 50 countries. The users won’t have to worry about mobile roaming charges. Users choosing to opt for the DENT eSIM will have the freedom to keep their current mobile numbers activated as the eSIM handles traffic simultaneously.
If you are using the DENT eSIM, you won’t need contact, and you as buy as many GBs as you want on the go. This is called the DENT Worldwide Data. The DENT ecosystem consists of the DENT Gigastore and the DENT marketplace. Together, they make the buying and reselling of mobile data relatively easy.
Technical analysis (historical data)
There is no expert on the technical analysis of Dent. Still, according to the 4-hour dent price prediction chart that we see down below, Dent has been trading with a slight bullish uptrend, trying to regain 100-day and 50-day moving averages.
The price is currently trying to break out of the upper end of the Bollinger Band, and if it can do that, this will signify a bullish trend.
However, keeping in mind the value, it could be that the bulls get exhausted before capturing the 100-day Moving Average but, was able to capture the 50-day MA. Overall, the coin seems to be under a bearish trend with a slightly bullish trend.
Trading for 0.002091 is ranked at #145 by market capitalization, currently at $206,481,322.41 with a volume of $49,156,866.86 in the last 24-hours.
Price history of Dent (2017- 2020)
The Dent coin was created in July 2017 and listed for sale within 1 year. The Dent project raised about $4.5 million that year as it launched at a reasonable price. At the time, 1 Dent was valued at $0.0005. Nevertheless, the price of Dent went down by more than 50% in just a week. The history of the Dent coin is not a mixed one. By October 2017, its market cap was $3,467,736.
The highest point experienced in the coin’s price was about $0.1114 on January 09, 2018, about four years ago. Dent’s total supply is currently unavailable, but the Circulating Supply is 98,610,710,274 DENT.
There is no expert on the technical analysis of Dent. Still, according to the 4-hour dent price prediction chart that we see down below, Dent has been trading with a bearish downtrend, trying to regain 100-day and 50-day moving averages.
DENT Price Prediction by market experts (2022-2029)
The price is currently situated near the lower end of the Bollinger Band, and a breakout from the lower back is possible. If it can do that, this will signify a significant bearish trend. As that chart shows, Dent can break the $0.0055; then, the next resistance will be at $0.0075.
The highest point experienced in the coin’s price was about $0.1114 on January 09, 2018, about four years ago. Dent’s total supply is currently unavailable, but the Circulating Supply is 99,007,791,203 DENT.
Dent price forecast chart by Invest & Trade with Jaxx
According to Invest & Trade with Jaxx, DENT will reach a price of $0.0073 by the end of 2021, and in a timeframe of 5 years, it is expected that the future price will be around $0.021. Therefore, while considering Dent for investment, take a long-term outlook at a price.
DENT price will reach USD 0.00532131279 by 2022, USD 0.00618739445 by 2023, and in 2025 the DENT forecast will rest at USD 0.00827554306. If you invest $100 in Dent, you will have USD 5,551.69 in 2025. The formula for change is the new amount less previous amount divided by the previous amount and then multiplied by 100 to get the percentage change. To get the equivalent amount for the amount invested, multiply by the amount invested.
If we discuss the more extended forecast and algorithmic analysis, the DENT price will go to $ 0.0168596415 USD by 2028.
Dent Price Prediction by Crypto never Sleeps
Dent price prediction or you can say Dent forecast is done by applying our in-house deep learning(neural network) algorithm on the historical data of DENT. Based on the historical price input data the system predicts the price of Dent (DENT) for various periods of the future. You can check out the Dent (DENT) price forecast for various periods of the future like tomorrow, next week, next month, next year, after 5 years. Based on data gathered, the price of DENT will rest at around 0.0076 USD by the mid of 2022 and around 0.0572 USD 5 years from now.
In 2027, the expected maximum price of DENT by Crypto Never Sleeps is $ 0.054481772749071629
Analysts predict the average Dent price estimated is $0.0052141, while the lowest Estimate lies at $0.0044320. In January 2023, the Dent price is forecasted to be on average $0.0045636. The expected maximum price is $0.0057045, minimum price is$0.0038791. In the long term, Dent price will reach an average of $0.0075536 by December 2024 with a max of 0.0094421 USD and a min of $0.0064206.
DENT price prediction algorithm states that the price of the coin one year from now will be at $0.00074048878641629. This is a bearish price prediction for the coin by the analyst.
Dent had increased substantially following the Crypto bull run from late 2020 till May 2021. After that, the bearish trend came, and now, it is currently sitting around $0.002.
Crucial issues Dent strives to solve
Mobile data release
The Dent platform aims to provide a data-sharing economy where users can freely transfer, buy, and sell data. The Dent marker will come to be the world currency for mobile data. Then, users can send Dent tokens to telecom providers in exchange for data.
Elimination of the price of international roaming
The project aims to remove the price of data roaming and routing costs for telecom service providers.
Better price for automated mobile data purchase
The Dent project will automate the purchase of data packages for users. The goal is to ensure that Dent users always get services from the most favorable operators at a reasonable price.
Based on the Dent price prediction for the future, it could be a great idea to invest now that the current DENT price drop is rampant and the company has started a massive rebranding project to project its goals to potential investors. It is a very profitable investment. They also have an enticing data-sharing plan. The Dent developers’ initial plan was to provide Telco on the blockchain. Users can buy and sell mobile data on the Dent software and get it by watching videos on the platform. It is not a mineable cryptocurrency.
It can create an interface with over 400 mobile users in more than 130 countries worldwide. It is crystal clear that this project will surely increase the price of Dent and make it more profitable for long-term investment. Besides, developments outlined on the project’s roadmap are certainly going to drive the price of Dent upwards.
FAQs about Dent
Dent Price Prediction: Can Dent reach $1?
Currently, the price of Dent would need to increase by 5000 percent in price to reach a $1 price prediction value. Since it is the only altcoin focused on the telecom market, there are tendencies of it reaching this mark in the following years. Banking on the blockchain’s control, the coin has every chance to hit its mark of $1 and even get a market price of $1 Trillion, too, if such a rise should occur.
Is Dent a good investment?
In 2020, most experts saw Dent as a bad investment as they predicted that the crypto-asset would continue to fall. Most dent price prediction publications had a negative outlook on the virtual asset. However, with the change in the dent price trajectory in the past few months, Dent has seen a significant turn in its value, and so have the views of experts on it. Many now consider Dent to be a good investment.
While it is not the most profitable cryptocurrency, it is advisable to buy Dent. You can purchase cryptocurrency on crypto exchange platforms and CFDs with your credit card or debit card. While this should not be treated as investment advice, the Dent platform has a lot of growth potential, making it a good investment; therefore, we hold a positive long-term perspective on this dent price prediction.
Will Dent go up in 2022?
Judging by the current Dent price trajectory, it is expected that the currency will increase in value in the coming years. According to experts, the platform is currently being developed according to plan. The goal of the Dent coin is to become a global cryptocurrency that will reduce the expensive routing costs that telecom providers deal with. The Dent eSim will help manage mobile traffic and mobile advertising.
Beyond the Dent price prediction made back in 2020, only DigitalCoinPrice forecast has updated its information, and according to them, the price will increase to $0.01069032. This means a significant increase from its current price at $0.00602833 and the projected coin price from 2021 at 0.00906444.
How to buy Dent?
The best three exchanges to buy Dent include Binance, Wazir, and Gate.io. These three exchanges, amongst many more, will offer you the ability and simplicity to buy Dent cryptocurrencies using either fiat, Bitcoin, credit/debit cards.
Should I buy DENT today?
Dent’s 7-day chart clearly shows a breakout from a flat line into a rapturous rally up to highs of $0.00868595. The reversal of this stagnant-bearish trend is welcome news for DENT investors, who have had nothing but bad news over the last three months.