What is Dent?
Dent is a data exchange platform that was created on the Ethereum blockchain network. It has no central network 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 network are used for storing data. In essence, Dent’s main 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 decentralized exchange look like in the next five years? Here is the complete dent coin-price prediction.
|Coin||Symbol||Price||Marketcap||Change||Last 24h||Supply||Volume (24h)|
|DENT||$ 0.002464||$ 235.73 M||1.64%||95.65 B||$ 19.04 M|
Dent Network & Signals
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Dent fundamental values
Dent is a recent and unique system that aims to develop a society of people who use mobile phones and smartphones. The project creators started with the aim of positively impacting the provision of mobile services with the token.
This is to ensure that future services rendered would be in a better situation than it is currently. This is why several people are buying Dent to add to their cryptocurrency wallets.
The Dent exchange is the first marketplace powered by blockchain technology where people can get Telco assets. The Dent marketplace represents a major 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 token instead of fiat currency. The Dent exchange platform is very much like a cryptocurrency exchange in its mode of operation.
The Dent team came up with the idea of a network that allows users to sell off 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.
There is no expert on the technical analysis of Dent, but according to the 4-hour chart that we see down below, the Dent token has been trading with a small 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 is able to 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 Moving Average. On the whole, the coin seems to be under a bearish trend with a slightly bullish trend.
Trading at a price of 0.002091, it is ranked at #145 by market capitalization, which is currently at $206,481,322.41 with a trading volume of $49,156,866.86 in the last 24-hours.
Price history of Dent 2017 to 2020
The Dent coin was created in July 2017 and sold the same year. The Dent project was able to raise about $4.5 million that year as it launched at a good 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 Jan 09, 2018, about four years ago. Currently, Dent’s total supply is not available, but the Circulating Supply is 98,610,710,274 DENT.
DENT token prediction
Following the Crypto bull run from late 2020 till May 2021, Dent had increased substantially. Thereafter, the bearish trend came, and now, it is currently sitting around $0.002.
Dent price forecast by Wallet Investor
According to Wallet Investor, DENT will reach a price of $0.00378 by the end of 2021, and in a timeframe of 5 years, it is expected that the future price will be around $0.0122.
Forecast of Dent Token Price for five years by Digital Coin
According to Digital Coin DENT price predictions, it will reach $0.0031354509 by 2021 end, 0.0036978545 USD by 2022, 0.0043040631 USD by 2023, and by 2025, the DENT forecast will rest at 0.0060114182 USD.
If we talk about the longer forecast and algorithmic analysis, DENT will go 0.0092619939 USD by 2028.
Dent Price Prediction for 5 years by Crypto Ground
Based on data gathered, the price of DENT will rest at around 0.0055 USD by the mid of 2022 and around 0.0573 USD 5 years from now.
Price Forecast of Dent token by Trading Beast for 5 years
According to Trading Beasts, the Dent price is predicted to be at a maximum of $0.0031075 at the end of December 2021, based on its current price. The highest Dent price estimated is $0.0038844, while the lowest Dent price estimated lies at $0.0026414.
In the long term, the price of the coin will reach an average of $0.0036599 by December 2024 with a max of 0.0045749 USD and a min of $0.0031109.
Crucial issues Dent token strives to solve
- Mobile data release
The Dent platform aims to provide a data-sharing economy where users can transfer, buy, and sell data freely. 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 aim of the project is to enable the removal of 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.
Can Dent reach $1?
Currently, the price of Dent would need to increase by 5000 percent in price to reach a $1 value. Since it is the only altcoin focused on the telecom market, there are tendencies of it reaching this mark in the next 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.
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 entirely exclusive ecosystem that plans to create a mobile phone and smartphone users 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.
How does Dent work?
Dent is a lot easier to use and less expensive. The Dent help makes access to the internet easier 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 easily transfer, buy, or sell data on software.
Is Dent a good investment?
Back in 2020, most experts saw Dent as a bad investment as they predicted that the crypto-asset would continue to fall. However, with the change in its 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 out there, it is advisable to buy Dent. You can buy 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 potential for growth, making it a good investment.
Will Dent go up in 2022?
Judging by the current price trajectory of Dent, 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 has updated its predictions, 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.
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.
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. It is capable of creating an interface with over 400 mobile users in more than 130 countries all over the world. It is crystal clear that this project will surely increase the price of Dent and make it more profitable for long-term investment.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.