Is DENT Worth Investing in 2024?

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By Marilyn Royce

Have you ever bought a data plan from your mobile operator, with gigabytes of internet, hundreds of SMS and thousands of call minutes, and didn’t use even half of what you paid for? Or when you had to pay fabulous money for a short call while abroad?

These are just some of the troubles that often arise when using traditional mobile services. But don’t be upset, because there is a revolutionary solution for all these unpleasant things called Dent.

What is Dent?

Dent is an innovative digital mobile operator launched in 2017. The mobile carrier’s services include eSIM cards, international mobile data plans, call minutes top-ups and free roaming.

The purpose of creating such a mobile communications project was to solve the problems and remove the limitations that are associated with the use of traditional mobile operators. And it became possible thanks to using the power of Ethereum-based blockchain technologies.

Dent users are not limited by their data plan, contract terms or location, but have access to mobile airtime wherever they are. In addition, as Dent strives for more efficient use of data, consumers who have not used their gigabytes may resell them on the global mobile data market called the DENT Gigastore. As a means of payment for the purchase of excess mobile data DENT crypto is used which will be discussed in more detail later.

Dent is claimed to have over 25 million users. And in the list of partners are such names as Samsung Blockchain, Telecom Infra, Enterprise Ethereum Alliance and GSM Association.

DENT Crypto Price History

At the beginning of its journey, the cost of the DENT token was $0.00063 in August 2017. At the end of the same year, the asset began rally and in January 2018 it skyrocketed to $0.1114, which was its all-time high. However, immediately after that, DENT rapidly began to roll down like a stone, reaching its all-time low of $0.00007049 in March 2020.

DENT

DENT/USDT all-time chart from August 2017 to February 2023 (Source: CoinMarketCap)

Over the past month, the cost of the DENT token, along with the rest of the cryptocurrencies, began to gradually recover, showing an upward trend. At the time of writing, Dent is priced at $0.000924 which is about 1 % lower than it was yesterday. The daily trading volume is also 7.21% lower than yesterday and amounted to $5,001,784.

DENT

DENT/USDT 1 month chart (Source: CoinMarketCap)

The current DENT ranking on CoinMarketCap is #268. This is due to the real market cap of $91,516,868, which, by the way, was more than $1.6 billion as of May 2021. There are currently 99,007,791,203 DENT coins in circulation. Dent ROI is only 47.38%, which is not very impressive compared to more successful coins.

Is it Worth Investing in DENT?

After reviewing the historical and current market performance of the token, it can be concluded that it has not yet reached the height it is capable of. This is most likely due to the fact that the project does not yet have global acceptance and is still in development. In addition, the entire market has not yet recovered from the crypto winter, so there is a possibility that DENT will at least be able to return its ATH in 2018.

The success of Dent’s asset depends on several factors, the most important of which is the creation of a large user base. If a lot of people see the value of what the new digital mobile operator offers and use it, the value of the DENT token will increase. In this case, the token can be recommended as an investment now, while its price is at the bottom.

Developers need to work hard to create a product that consumers want to use on a daily basis. Now they offer great solutions for areas with communication problems, such as African villages. With their DENTNet nodes and satellite connection, they distribute a 4G and 5G mobile network to a specific local area.

The charity project is amazing! But not enough. Indeed, in order to achieve global acceptance, Dent solutions must be applied in civilized countries as well. But the problem is that there are already quite a few mobile operators out there that consider the DENT global carrier network as their competitor, not their ally. Therefore, if existing telecommunications companies and travel agencies integrate the solutions offered by Dent, this also stimulates the growth of the token rate.

Considering that the potential of DENT is not yet clear, you can risk investing in it exactly the amount that you don’t mind losing if the project does not succeed. So far, it’s safe to conclude that Dent’s plan to revolutionize the mobile data industry is ambitious and, if implemented properly, should be a hit with people, including those who have no idea what blockchain is.

While the Dent Price Predictions that we see online generally suggest the growth of the token, each investor must make his own decision based on the study of the issue.

How to Buy DENT?

DENT crypto is quite common, so it is not difficult to acquire it. To buy DENT crypto, choose a reliable exchange where it is listed. It can be Binance, Godex, Deepcoin, Bybit, Bitget and others.

The easiest way is if you already have a crypto for which you can exchange a DENT token. You can swap BTC to DENT, or other crypto you own. There is no shortage of trading pairs with Dent crypto.

In the currency converter, which is usually located on the main page of the exchange website, enter the name of the crypto you have and the number of coins. The converter will display the amount of DENT you will receive. To carry out the transaction, indicate the address of your DENT wallet and send the exact amount of your crypto to the generated address. After the transaction is confirmed by the miners, you will get your tokens.

In case you only have fiat money, some exchanges allow buying crypto for dollars, euros or other traditional currencies. To do this, link your card to your exchange account and make the required deposit to buy a coin.

Conclusion

Dent is a unique crypto project using blockchain technology to create products that would be useful in the real world. Communication is very important, especially in our time. Therefore, if Dent manages to make it more accessible and affordable, consumers will appreciate it, and this will affect the value of the token.