DENT Price Prediction

About DENT Project

After the moderate price momentum in the first quarter of this year, the price of DENT has continued to fall and still struggles. The crypto market has been registering tremendous volatility over the last few months. The market isn’t reacting well to the adoption of the DENT network and the idea of liberalization of mobile data and call plans. What happened to this DENT network to liberate mobile data? Is there any hope of recovery? Is there a promising future for this network? Let’s explore the DENT network along with DENT price prediction.

The DENT project was launched in 2017 by its founder Tero Katajainen. Tero got a master’s degree diploma from the Tampere University of Technology in 1999. After working multiple job roles, he got an idea and started DENT. It is a digital mobile operator, and it offers eSIM cards, mobile data plans, call minutes top-ups, and a roaming-free experience. The website says that DENT is a revolutionary technology operating on blockchain technology to create a global marketplace for mobile data liberalization.Tapping into the mobile communication and data services market is a very clever idea. Around half the world’s population still faces restricted access to mobile services because of the high prices of traditional mobile carriers. DENT makes its users global citizens in the mobile airtime and market by removing roaming fees and introducing international mobile plans.

DENT has an ambitious plan to extend its services to many other countries and make them available in at least 140 countries. DENT has also partnered with Samsung blockchain, The Enterprise Ethereum Alliance, and Telecom Infra. Currently, the eSIM it offers can provide internet connection in 60 countries, and the currency of DENT is available in 43 countries.

What is DENT?

DENT coin is the native utility token used on the DENT Network. The unused data of the user can be sold to other users on the DENT Network. Millions of gigabytes of unused are wasted every year. As with most telecom providers, data can’t be rolled over to the next month, and customers end up paying more for the services. So, customers can buy or sell their mobile data and trade it just like a commodity. The marketplace created by DENT cryptocurrency enables mobile data to trade with other cryptocurrency market participants.

Since data becomes a commodity, users can trade with each other and cut out the middleman or the telecom companies. But DENT isn’t fully developed at the moment. The app has positive and negative reviews, but it needs to compete with mobile industry experts for DENT to become a widely used platform. Big companies have more resources and experience, making it difficult for DENT to acquire the existing customer base.

Another thing to consider is that enabling mobile data trading is not a competitive advantage and doesn’t provide a significant incentive for a new user to switch. The Telecom industry is saturated already and even though buying data isn’t that easy for customers, the existing model still works.

While countries like Mexico and Nigeria have seen the highest download for the DENT app, it has the potential to easily target developing countries where information services could still be struggling. The same cannot be said about developed countries, where big companies already have a working business model that tries to offer their customers cheaper plans and retain them for long periods. On top of it all, the technology isn’t quite ready yet. There are a few bugs here and there, and combined with low loading speeds isn’t exactly great for new customers to experience when they first try out the app.

Liberating mobile assets has been the founders’ objective right from the start. They aim to make this possible with DENT Marketplace for eSIM data. With packages that vary in volume and validity, users can find the best plan that fits their budget for their specific needs. Making the reselling of unused eSIM data simplified. All the users need to select the amount, set their price, and list their data plan on the worldwide DENT Marketplace.

There are vital benefits to the DENT Marketplace. The worldwide eSIM marketplace allows users to compare listings to find a volume and validity plan that fits the user’s needs and budget, essentially liberating the eSIM data. It is also available for the iOS platform as the latest version of the DENT app is 4.0, which is designed much smoother and fixes many bugs in the code. By enabling users to sell their data, it is making better use of the information ecosystem, where users can make money with some unused data they have.

On the DENT website, they also started offering the Gigastore SDK feature. SDK is a Software Development Kit that can allow developers to use its APIs to build apps with the DENT eSIM sale functionality. This is a move in the right direction, where people can discover endless possibilities with the DENT Gigastore reselling features.

If anyone else wants to build a reselling service, they can use such features to build their apps with DENT wireless’s support and connect it to the DENT ecosystem. With their accessible point-of-sale store, one can resell packages even without API integration. All one needs to do is add their name and logo, and just like that, they can start selling.

DENT Technical Analysis

Most cryptocurrencies faced a significant sell-off, which lead by the Terra LUNA price crash. Traders faced uncertainty related to their investments in cryptos. And hence, they need to explore market sentiment, long-term analysis, and forecasts. Traders can click here to know in-depth projections of cryptocurrencies with technical analysis before investing.
The DENT coin price currently trades at $0.0007669. It is currently trading above 20 DMA, 50 DMA, and 200 DMA, which shows that the coin has positive momentum, with enough to continue it for at least a few weeks. Moreover, the MACD indicator also reflects positive momentum in the price trend as it is trading above the signal line.

The Bollinger Bands analysis shows that the volatility is currently moderate, and the price is trading in the upper Bollinger Bands. Due to these bullish movements and sentiments in the market, the DENT coin price registered a slight recovery.

Based on the technical indicators, the DENT coin might trade upwards in the coming days. Based on the current positive momentum, there is an opportunity to enter positions and profit from the trades. RSI is also currently trading at 62 in the overbought zone with bullish momentum.

DENT Price Prediction: Experts’ Opinion

Based on our forecasts, a long-term increase is expected. The DENT price prediction for 2023 is $0.000418. Your current investment may be devalued as DENT is a bad long-term investment.
Wallet Investor

As per the forecast data analysis, the price of DENT is expected to cross the level of $0.00170. By the end of the year, Dent is expected to reach a minimum price of $0.000678. In addition, the DENT price can get a maximum level of $0.00172. Investors and holders of crypto assets must know the Dent Price Prediction.
Digital Coin Price

According to our DENT price predictions, the coin will steady at its current price for a very long time to come. By 2023, the DENT is expected to be worth a maximum value of $0.002, and $0.005 in 5 years.
Tech News Leader

The Dent price is forecasted to reach $0.0008598 by the beginning of July 2023. The expected maximum price is $0.0010747, minimum price $0.0007308. The Dent price prediction for the end of the month is $0.0008598.
Trading Beasts

According to our deep technical analysis of past price data of DENT, In 2024, the price of Dent is predicted to reach a minimum level of $0.0020. The DENT price can reach a maximum level of $0.0028.
Price Prediction

DENT Price Prediction: 2023-2030

The DENT price forecast is based on historical data combined with predictive modeling algorithms. Please note that this DENT coin prediction should only be interpreted as a suggestion. The current DENT price is struggling at around $0.0007704. It is impossible to predict accurate price levels, but here traders can explore possible DENT cryptocurrency price predictions for the upcoming years.

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