First of all, as it was mentioned earlier, as it happens with other altcoins, the DENT price depends on bitcoin market performance. Another reason is that the adoption of the project has not yet reached the scale sufficient to boost the circulation of the DENT token and increase its price. There is a correlation between price appreciation and public interest in cryptocurrencies, such as Dent. The chart below shows how search volume has changed for the phrase “Dent Coin” over the last 90 days.

• Rivian Automotive reported its first quarter as a publicly traded company.
• This means that the Dent platform operates thanks to the proof-of-stake consensus method.
• Daily cryptocurrency news digest and 24/7 breaking news alerts delivered to your inbox.
• In that case, many altcoins in 2020 which have suffered from a downturn could enjoy strong rallies in 2021.
• The price is currently situated near the lower end of the Bollinger Band, and a breakout from the lower end is possible.
• Tero Katajainen is the CEO and founder of DENT Wireless LTD.

The DENT marketplace application is present on iOS as well as Android operating systems and allows DENT application users to buy or sell their mobile data without any hassle. Therefore, any user will be able to sell their unused how to buy dent coin mobile data on the marketplace. This step ensures that future services rendered would be in a better situation than it is currently and further, why several people are buying Dent to add to their cryptocurrency wallets.

How High Can The Dent Price Go?

By counting on blockchain control, Dent has the potential to hit the $1 mark and even get a market cost of $ 1 trillion if such an increase occurs. The users of ETH first saw the Dent coin in July 2019, and the project managed to secure about 4.5 billion dollars due to a good launch price. Just to mention, the highest point ever of the coin’s price was about $0.111 in January 2018.

This indicates that DENT has a high possibility of reaching a new ATH soon in the next five years as per the prediction. If this bullish trend continues, DENT will reach $1 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $2. Then this rise will slow down, but no major falls are expected.

Price Prediction For The Dent Token From 2020 To 2025

Pick a SHIB wallet for long-term storage, short-term trading, or both. Daily cryptocurrency news digest and 24/7 breaking news alerts delivered to your inbox. It’s facing extreme competition from other blockchain providers.

• DENT is a blockchain platform for innovation in mobile telephony.
• 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’s enterprise partnerships include Samsung Blockchain, The Enterprise Ethereum Alliance, and Telecom Infra.
• After the exchange, your DENT will either be deposited to your account on the exchange or sent directly to the wallet address you’ve specified.
• The Dent team came up with a network that allows users to sell off their mobile data packages to other network users.
• 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.

You need to choose the currency to transfer, which is usually available in the drop-down menu below the currency logo. You will also see a QR code and the wallet address where to transfer Dents to. The final step will be pasting the address into the withdrawal field of your sending exchange or wallet. For instance, as per its present value, the Dent token will need a 5000% increase to get to 1$. As it’s the only altcoin created for the telecom industry, it has all the chances to reach it in the following years.

Top Dent Markets

Users choosing to opt for the DENT eSIM will have the freedom to keep their current mobile numbers activated as the eSIM handles traffic 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 exchange offers a rich selection of about 250 trading pairs. DENT price on the market fluctuated between $0.0015 and $0.0229, with multiple ups and downs along the way. The token has been listed on most key exchanges since 2018, such as HitBTC, OKEx, KuCoin, and Binance. The latest listings of 2021 include CoinEx, ZB.com, Gate.io. No part of the content that we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for your specific reliance for any purpose.

Circulating Supply

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 99,007,791,203 DENT.

Accordingly, crypto markets have absorbed news-based selling, and long-term investors will likely accumulate shares during the dip. The DENT Token will be the world-wide currency for Mobile Data between Telcos and the user community. DENT enables a “Data Sharing Economy” where users are able to freely buy, sell and donate their mobile data, from any user to any user. DENT facilitates the removal of data roaming cost drivers, such as expensive routings between Telcos. Dent price Index provides the latest DENT price in US Dollars , BTC and ETH using an average from the world’s leading crypto exchanges.

Tradingbeasts Dent Price Prediction For 2022

The company DENT Wireless LTD headquartered in Hong-Kong started its activity in 2014. Initially, its founder Tero Katajainen worked over an automated Forex market system with the embedded risk management features. However, that work was used to establish another platform focused on the tokenization of mobile data. The members of the DENT team criticize the complexity and fragmentation of the telco industry and try to destroy monopolistic business models established at the end of the last century. The company offers a better solution instead, planning to introduce the eSIM technology that can potentially become a new standard for mobile data. DENT is an Ethereum-based utility token issued by a decentralized marketplace with the same name. The company behind the platform is Dent Wireless that presents itself as the first digital and mobile operator.

Considering the above factors, we can also be optimistic about the following development of the project and the price of the DENT token. Nevertheless, it would not be right to say that the price was constantly growing all the time. However, there is a lot to do to attract more users and increase token acceptance. DENT is a blockchain platform for innovation in mobile telephony. The main purpose is to create a unified international telco space, rather than poorly inter-communicate national companies and give the ability to manage your calls to people.

DENT Exchange has a web and a mobile version that enables users to access the DENT market. Web and mobile apps allow users to place orders, view the order book, and get access to price history, market depth, and other vital data and features. Dent Wireless Limited aims to decentralize this control and reduce the world’s dependence on service providers. Dent wants to stop the service providers’ monopoly and create a worldwide network where the world’s mobile data can be freely traded as a commodity. A few months back, there has been an update that Dent made its first international phone call with their beta app.

Unlike the mobile data packages of traditional telco companies, DENT offers customers more flexible options. With Dent, users can take advantage of roaming-free calls, reduced costs for mobile data plans, and much more. Once you have a wallet, you need to create an account on an exchange and then send coins from your wallet to that exchange. Finder.com provides guides and information on a range of products and services.

Dent Technical Analysis

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Author: Felipe Erazo