Dent is a decentralized mobile data exchange developed on Ethereum. It allows you to buy, sell and voluntarily distribute mobile data through an auction system. Data storages are smart contracts that are working on Ethereum blockchain. The DENT token is used to purchase mobile data on the platform.
Is Dent coin a prospective project? How is it going to develop? Should you invest in DENT cryptocurrency? Find all the answers in the Dent cryptocurrency price prediction for 2020-2025!
Dent Fundamental Value
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.
DENT developers had an idea to create a platform where each participant will be able to resell their mobile traffic (Internet, calls, etc.) to other network participants. This idea came about after the data published by Cisco, in which it was indicated that worldwide users of mobile devices buy traffic worth 32 billion dollars, of which 15% i.e., $4.8 billion remain unused.
Dent uses its token called DENT, which gives access to a network of telecom carriers worldwide.
The project hopes to make the global telecommunications industry more efficient and less expensive. Here are some of the most important issues DENT is trying to solve:
Mobile data release. The DENT marker will become the world currency for mobile data. Users will send DENT tokens to telecom providers in exchange for data. The project will also allow a data-sharing economy, where users can freely buy, sell and transfer mobile data from user to user.
Elimination of international roaming. The project facilitates the removal of data roaming cost drivers, such as expensive routing costs between telecommunication service providers.
Automated mobile data purchases at the best price. DENT allows you to automate the purchase of data packages for consumers and IoT devices. Users always get the best price from the most suitable operator in their region, without worrying about buying too much or too little data.
The long-term goal of developers is to influence mobile operators. It involves improving the conditions for using mobile traffic and optimizing service packages. In fact, the Dent platform creates the conditions for the decentralization of this market segment. So, users get the opportunity to independently determine the priority services for themselves, forming their own package.
Created and sold in July 2017 ICO, Dent project raised $4.3 million. One DENT was around $0.0005. However, the coin price crashed in a week by 50%. The story of Dent coin was not so successful. The DENT price didn’t have many peaks. The all-time high point of $0.111 was reached in January 2018. The DENT value is declining since June 2019.
Well, there is not actually any technical analysis expertise of Dent cryptocurrency. However, here is the aggregate rating for DENT from several traders & analysts on TradingView.
Dent (DENT) Cryptocurrency Price Prediction for 2020-2025
#1. Wallet Investor Dent Crypto Price Prediction for 2020-2025
DENT is a bad long-term (1-year) investment. The price of Dent may drop from 0.000165 USD to 0.000013 USD. The change will be -92.360%. Dent (DENT) and potentially its market environment have been in the bearish cycle last 12 months. The average price in January 2021 is 0.00122. In 2022, the price will go down to $0.000012. In 2023, Dent coin will go to the point of $0.000006. In 2024-2025, the price will probably recover to $0.000019.
#2. Crypto Rating DENT coin Price Forecast for Next Five Years
Dent was indeed a great disappointment for investors in 2019. DENT price went up from $0.000001 on January 1st, 2019, to $0.000164 on December 31st, 2019. However, it is worth monitoring the Dent price prediction algorithm. Dent might still have long-term investment potential. If you look for a good return in 3 to 5 years, DENT might be the coin to watch closely now.
Based on the data, it can be predicted that it is Profitable to invest in Dent (DENT) for the long term. By long-term, the source means that the Dent forecast for 5+ years. The technical analysis using the algorithm says that the price of Dent (DENT) will not decrease or fall or drop in the long term.
The price of Dent (DENT) in 2022 will be about $0.0238. As per the forecast and algorithmic analysis, the price of 1 Dent (DENT) will be around $0.0592 in 2025.
#4. Trading Beasts DENT Price Prediction for 2020-2023
The Dent price is forecasted to reach $0.0003667 by the beginning of September 2020. The expected maximum price is $0.0004705, a minimum price $0.0003199. The Dent price prediction for the end of the month is $0.0003764.
In December 2021, the price will go up to $0.0004114. In 2022, the price won’t change a lot, just $0.0004632. In 2023, the price of DENT will slightly go up and reach $0.0005042.
#5. Digital Coin Price Forecast of Dent Coin for 2020-2025
Dent (DENT) is a profitable investment, and its price will go up in the future. The price of 1 Dent (DENT) can roughly be up to $0.00048580 in 1 year a 3X nearly from the current Dent price. In 2022, the price of Dent will reach $0.00057506 and will reach $0.00063523 by 2025.
Buy DENT at Changelly with USD, EURO or GBP
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.