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. Smart contracts which operated on the Ethereum network are used for storing data. In essence, Dent Token’s main function is to buy mobile data from other users on the network.
The question then becomes if the dent coin is a project with potentials. What does the price of Dent look like in the future? Get the answers to questions about Dent price prediction for the next five years.
Dent Fundamental Values
Dent is a recent and unique system that aims at developing a society of people who make use of mobile phones and also smartphones. The team of Dent 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 right now. This is why a lot of people are buying Dent to add to their cryptocurrency wallet.
The creators of the Dent project came up with the idea of a network that allows users to sell off their mobile data to other network users. The inspiration for the Dent project came up after Cisco released a study that disclosed that $32 billion of data are purchased but 15% always remains 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 there is however an aggregate of the rating of the coin by different specialists and traders on the TradingView platform
Price history of the Dent token
The Dent coin was created in July and sold the same year. The Dent project was able to raise about 4.5 million dollars 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 such a successful one.
The highest point experienced in the coin’s price was about $0.111 and it was achieved in January 2018. However, the value of the Dent coin has been decreasing since June 2019. Currently, Dent has a supply of about 100,000,000,000 and about 82,173,941,182.736 is already in circulation. Dent market cap lies at $1,928,081.799 and the current price of Dent is estimated at $0.000216.
Price Prediction for the Dent token from 2020 to 2025
The Dent current price change shocked many investors in 2019. The price change was rapid; The price of dent increased from $0.000091. Dent price went quickly up on January 1st, 2019 from $0.000001 to $0.000164 on December 31st, 2019.
Look at this if you intend to buy Dent, it is important to examine the Dent token prediction carefully and also the algorithm in the future. Maybe, it might be a good decision to invest in it for a long-term future plan.
Based on the current price, the price of Dent might be around $0.000182 by 2021. In 2022, the dent price will go up to $0.000182. In 2025, Dent might not experience much change.
There are several price predictions from different experts about the future of the price of Dent. Below are some of the viable predictions of Dent you can look forward to:
#1 Dent Token price prediction by Wallet Investor
According to Wallet Investor, Dent is a bad investment for the long term. This is because the price of the Dent coin might decrease from $0.000165 to $0.000013. The change in dent price is estimated to be at -92.360% at once. This is because the Dent crypto coin and the market it explores have been stuck in a bearish cycle for about twelve months.
The price of Dent is estimated to be $0.00122 by January 201. However, the price of dent might decrease in value to $0.000012 by 2021. By the year 2023, 1 dent will probably be valued at $0.000006. However, it is hoped that from 2024-2025, the Dent price will recover and move up to $0.000019.
#2 Dent Token Price Prediction for the next 5 years by Crypto rating
Many people who invested in the dent coin found it to be a disappointment back in 2019. This is because even though the dent price increased from 0.000001 USD at the beginning of 2019 to $0.000164 at the end of the year. It however calls for checking the algorithm for dent price prediction to see its chances in the coming years.
Dent might be a profitable investment long-term because the price change is predicted to be positive. If you’re on the look-out for a profitable venture, Dent coin might just surprise everyone. By the year 2021, the price of dent might be close to $0.000182. Based on the algorithm, there are chances dent prices might increase to $0.0002. But by the year 2025, the value of Dent will remain steady along the line of $0.000266.
#3 Dent Token Price Prediction for 5 years by Crypto Ground
Based on data gathered, investing in Dent might turn out lucrative on a long-term outlook. This means you should invest in Dent with a 5-years outlook. The algorithm used to analyze the dent price in the future indicates that the price will not experience decline in the future. The price of Dent will lie around $0.0238 by the year 2022. According to the forecast, the value of 1 dent might lay along the lines of $0.0592 by the year 2025.
#4 Price Forecast of Dent token by Trading Beast for 5 years
According to Trading Beasts, the Dent price is predicted to be around $0.0003667 at the start of September 2020 based on its current price. The highest dent price estimated is $0.0004705 while the lowest dent price estimated lies at $0.0003199. By the end of the month, Dent’s price is estimated to be $0.0002764.
By the end of 2021, the Dent price is expected to rise to $0.0004114. The price might remain steady in 2022 with little to no changes. However, 2023 comes with better prospects and the price of Dent will increase a bit to $0.0005042. Dent is therefore predicted as a bad short term investment but a good long term investment
#5 Forecast of Dent Token Price for five years by Digital Coin
If you want to buy dent, then it is a good idea as it is predicted to be a lucrative investment. Even if the Dent token price change before the year ends, Dent will rise again in the future. The price of a Dent is estimated roughly to lie at $0.00048580 in the next one year. This is three times the present Dent Price. It is still predicted to reach $0.00057506 by the year 2022 and then rise up to $0.00063523 when 2025 dawns.
Crucial issues Dent Token strives to solve
Mobile data release: The Dent projects 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 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 a Dent token reach $1?
At its current price, Dent token would need to increase by 500 times its present value 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, Dent has every chance to hit its mark of $1 and even get a market price of $1 Trillion too.
Dent is a type of cryptocurrency founded by Tero Katajainen and was developed on Ethereum. Dent is trying to be the best cryptocurrency for mobile data on the platform. The DENT project is an entirely new and exclusive ecosystem that plans to create a community of mobile phone and smartphone users. The developers of the DENT 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 coin 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 transfer, buy, or sell data on software easily.
Why Is Dent Price Dropping?
There are only a few reasons for the drop in dent price. One of the reasons is overinflation. Dent was unveiled at a time when markets were overinflated.
The Dent developers’ initial plan brought to the financial market is providing telecom on the blockchain. Users get the opportunity to buy and sell mobile data on the dent software and also get it by watching videos on the platform.
Based on the price prediction for the future, it could be a great idea to invest in dent now that Dent’s price has fatally dropped and the company has started a massive rebranding project in order to project its goals to potential investors.
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.
New Version 1.2 of #DENT Teams released!