Dent is a digital mobile operator without borders that aims to simplify mobile data usage. Dent operates on Ethereum, a decentralized and blockchain-based platform, for managing mobile services.
The idea behind Dent is beneficial for users of mobile phones. Thanks to this platform, people can obtain access to mobile data from anywhere in the world using eSIMs. Also, it connects people through blockchain worldwide to let them buy and sell mobile data and voice packages.
As mobile connectivity has become a necessity, the demand for Dent wireless services is only growing. Thus, investing in DENT tokens, the currency of this platform, may be in the scope of your interest. In this article, we will make a DENT price prediction to help you better understand whether becoming a DENT token owner is a good idea.
Dent: Project Basics
Back in 2017, Tero Katajainen launched a project aiming to revolutionize how digital mobile operators deliver their services. The company relied on blockchain to create a global marketplace where users could sell, buy, and use mobile data. Now it offers:
- eSIM cards
- Mobile data plans
- Roaming-free experiences
Every transaction on the DENT platform happens using DENT tokens. This universal currency makes mobile services available globally to anyone interested in them, regardless of their location.
DENT is an Ethereum-based ERC-20 token. These tokens are fungible, meaning that they have an equal value. They are pre-mined, so there is no way to mine DENT tokens.
|Token circulation||Around 100 billion|
There are around 100 billion tokens out there. 30% of them stayed within the company for strategic acquisition during the initial release. 70% of DENT tokens were sold during pre-sale and sale events.
Dent Technical Analysis
In order to evaluate the trends in statistics and predict the price direction of the DENT coins in the market, let’s take a look at the technical indicators. This way, we will learn about trading opportunities and make assumptions about how the future price will change.
The situation in the market changes by the minute. Right now, the price of 1 DENT is $0.00084, with strong sell indicators based on moving averages. The coin has experienced an over 4% price decline in the last 24 hours and has seen a gradual decrease in the last three months.
Dent Price Prediction 2022-2030
According to PricePrediction.net, no sharp changes are expected by the end of 2022 and the beginning of 2023. It is possible that the price will reach $0.002 by the end of 2023. The situation will remain relatively stable in 2024-2026, with the rise of the price by $0.001 with every upcoming year. The period between 2027 and 2030 can be more gainful for this currency, with a minimal price of $0.018 by the end of 2030. On average, the market will witness the growth of DENT from $0.001 to $0.018 between 2022 and 2030. The maximum this token can make by 2030 is $0.030.
If you are interested in other cryptocurrencies, you are welcome to check out the Monero price prediction.
When Is The Best Time to Invest in DENT?
The DENT token value shows a rising tendency. Experts project that its value won’t decline and will continue to grow by 2030. Even though there are no huge spikes in price growth, this currency is still a good investment. If the company keeps up to its claims and maintains the service quality at a decent level, it has the potential to become a mainstream technology. As a result, we can expect to see how the DENT price rises. Therefore, the best time to invest in this token is now, while the price is manageable.
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