DENT is a blockchain platform for innovation in mobile telephony. The main purpose is to create a unified international telco space, rather than poorly inter-communicate national companies and give the ability to manage your calls to people. Unlike the mobile data packages of traditional telco companies, DENT offers customers more flexible options.
The project offers a blockchain-based Ethereum ecosystem that includes the mobile data marketplace, mobile app for Android that makes voice calls, a cryptocurrency exchange for trading DENT tokens, e-wallet, Global e-SIMs, and other features.
To date, the DENT user base exceeds 25 million residents in over 70 countries. Token is listed on several major exchanges. The DENT exchange offers a rich selection of about 250 trading pairs.
Perspectives of DENT
The project is created by DENT Wireless LTD. The company was established in 2017. It is based in Hong Kong, but has an international team. Tero Katajainen is the CEO and founder of DENT Wireless LTD.
The fact that the project is created by an established company with a good budget played a positive role in the perception of DENT.
To date, DENT has been able to meet its roadmap. Not all targets have been fully achieved, but in most cases there have been no problems and it is worth noting that some of the targets have been achieved ahead of schedule.
Considering the above factors, we can also be optimistic about the following development of the project and the price of the DENT token. Nevertheless, it would not be right to say that the price was constantly growing all the time. However, there is a lot to do to attract more users and increase token acceptance. Without you, the price is unlikely to grow significantly.
Over the course of its existence, DENT has experienced a number of ups and downs. The all-time high was reached on January 9, 2018. The price per coin defrauded over $0.81.
At the end of 2017, when the coin appeared on the market, your market capitalization fluctuated greatly from day to day. In those days, the market cap was around $10k, while the price dropped from $0.0005 to $0.001 and back.
The cryptocurrency fever of December 2017, which gave BTC its all-time high, had a similar impact on the DENT price. The period from late December to early January was when DENT had its highest price ever. The coin’s market capitalization also increased dramatically.
In the second half of January, the price and market capitalization began to gradually decline. Such a pattern is nothing special, as many other altcoins show the sign of some dependence on the bitcoin price.
In the spring of 2018, the downward trend continued. The market capitalization began to fluctuate around $100,000, and then finally fell below this mark on May 11 and continued to decline.
By the end of 2018, the market capitalization has fallen to the value of late summer 2017, although this time the price was slightly above 0.001 USD per 1 DELLE in most days.
In 2019, the market capitalization has started to rise. May it reached $100k again and only fell below in July. Since then, price and capitalization mostly declined. December 2020 the market capitalization was almost $20k, while the price was slightly above $0.00023 per 1 DENT.
Such instability causes polar opinions about the future price of DELLE. The platform continues to develop very extensively and consistently. So why does the price not behave accordingly? There are many possible reasons. First of all, as it was mentioned earlier, as it happens with other altcoins, the DENT price depends on bitcoin market performance. Another reason is that the adoption of the project has not yet reached the scale sufficient to boost the circulation of the DENT token and increase its price.
All these misfortunes that the DENT token has had all along should not distract us from the fact that the team behind the project is well qualified and the development is going on as planned.
Manage your company’s sales team expenses in over 50 countries: Use 1 mobile connection and share it with the team. 😎 No more annoying international phone expense reports! Get #DENT TEAMS for FREE: https://t.co/r6Pl4NtdjG #bitcoin #BTC #eth #GSMA #crypto #blockchain #eSIM #teams pic.twitter.com/u3ed7VsE4A— DENT (@dentcoin) June 5, 2020
Currently, the company is in the run-up to its roadmap. In Q2 2020, DENT will release version 4.0 with a built-in messenger and reach the mark of 40 million users around the world. Together with the BTC price increase caused by the upcoming halving of the mining reward, this factor will increase the price of DELLE (not significantly). It is okay to expect a little growth. We will see the price of $1 – $0.5003 later this year.
In the long term, the price will continue to rise as the company continues to overtake the world with its blockchain solutions for mobile communications. In addition, the token will be ADDED to multiple exchanges each quarter, making it more accessible and adding liquidity. Since the company has been working stably for the past few years, it is safe to assume that it will not (suddenly) step back. It does not seem that the coin will repeat the heights of your ATH until 2023. The January 2018 price was an echo of bitcoin price manipulation, but DENT has every chance to surpass the previous “natural” price jump of 2.008 USD per 1 DENT (summer 2018) and reach at least 3.01 USD by the end of 2023. Considering the fact that another financial crisis is expected in the following years, people might even consider using a cheaper blockchain-based telco company. This means that the DENT price can grow faster and reach a better value.
After the fourth halving of The Bitcoin mining reward (which is planned for 2024), many alts will follow in a positive trend. We have not yet seen DENT’s plans for the next few years, but no doubt the project team will continue to grow the business. The approximate price of the DENT coin in 2025 will reach about $7.05.
When we look at the history of cryptocurrencies. It has made great increases in a short time. Besides, when we look at the usage area of dent, why not such a rise?
It is not investment advice. 🙂