During the past decade, smartphones have integrated into our daily lives. Today, having an internet connection included in your mobile plan is essential when selecting a provider.
However, not everyone has access to a fair offering regarding mobile data.
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| How Does the Value of DENT Change in Future Years?: eAskme |
Thankfully, the DENT blockchain is here to help. In this article, we look at how the DENT project aims to provide a fair distribution of mobile data using blockchain technology.
This should help us provide you with a DENT price prediction and see whether this token can provide a good investment opportunity.
DENT Overview:
DENT entered the cryptocurrency market in 2017. It was one of the most successful projects during the ICO craze of that period.
In a nutshell, DENT is a global mobile provider that aims to revolutionize how the mobile data industry functions.
It focuses on offering eSIM cards that can be used anywhere in the world — 60 countries covered.
Briefly About Dent:
Tero Katajainen and Mikko Linnamäk co-founded the DENT cryptocurrency. The first one brought tech experience, while the latter equipped the project with its entrepreneurial ideas.
This resulted in a revolutionary product called Dent Wireless. The global mobile operator offers various services, such as eSIM cards, in over 60 countries.
Moreover, they have come up with a platform for data exchange and the possibility to top up your prepaid cards with the DENT cryptocurrency.
DENT has an integrated decentralized exchange to make things easier for its users.
Its users can swap their crypto seamlessly for DENT tokens and start participating in the ecosystem immediately.
Advantages of Dent:
The main advantage of the DENT is the global, borderless data plans it offers to its community. Any eSIM user can access the internet on their smartphone without paying any roaming fees.
With DENT, you are no longer tied geographically to your operator and can use your mobile data plan at the same cost in 60 countries.
Moreover, DENT allows users to share their extra data with others on the network, further decentralizing the concept.
This way, businesses don’t have to create multiple accounts for all their employees but can share their mobile data with the entire team at once.
How Does It Work?
The network works on a proof-of-stake consensus mechanism and uses DENT, an ERC-20 token created on Ethereum.
The advantage of this is that the Dent network is highly scalable and uses very little power to run.
This is ideal, as the team hopes to reach millions of people shortly.
Price Changes of DENT:
The DENT crypto was released right before the 2017-2018 bull run. The value of DENT tokens in that period skyrocketed from $0.001 to $0.1 in just a couple of weeks.
However, this 10.000% price increase was quite short-lived, and the subsequent market crash brought prices back to their original values by the end of 2018.
The DENT price hovered between $0.0001 and $0.0003 during the 2019-2020 period.
However, in 2021, the project experienced a stark revival, and the price reached a two-year high of $0.02 in April 2021.
While the price has somewhat retraced since then, it currently retains some bullish momentum and is trading at around $0.007.
DENT Forecast for 2022-2024:
While we think that DENT has a lot of potentials, we have gathered experts’ opinions from all over the internet about DENT’s future price action.Price Prediction for 2022:
Here’s what some analysts forecast for DENT in 2022:
- Walletinvestor has a bullish view on DENT and hopes to see the token reach a price of $0.0114 by the end of next year.
- DigitalCoinPrice is similarly bullish and bets on a $0.012 price for 2022.
- TradingBeasts, on the other hand, is less enthusiastic. They place DENT at $0.007 in 2022.
Price Prediction for 2023:
For 2023, price predictions will become more challenging.
There might be another bear market by then, and prices could drop.
- Walletinvestor predicts a price between $0.007 and $0.01.
- DigitalCoinPrice forecasts a price of $0.013 for DENT in 2023.
- TradingBeasts put the DENT token at around $0.006 by 2023.
Price Prediction for 2024:
Finally, for 2024, we have the following price predictions from these reputable websites:- Walletinvestor hopes to see DENT above $0.02 by the end of 2024.
- DigitalCoinPrice predicts $0.017.
- TradingBeasts offers a more conservative view with a $0.01 per DENT token.
What Will Dent Worth in the Future?
One thing is for sure, Dent’s services are very appealing.
A global mobile network with a democratic pricing plan is something that everyone needs in their life.
It is bound to grow in the following years, and so should the value of DENT tokens.
Expert’s opinions converge towards a price of $0.01 per DENT, which could mean an increase of 60% in the following years.
Remember that cryptocurrencies are volatile assets, and no price prediction is set in stone.
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