Is Dent cryptocurrency a good investment?

Back in 2020, most experts saw Dent as a bad investment as they predicted that the crypto-asset would continue to fall. However, with the change in its price trajectory in the past few months, Dent has seen a significant turn in its value, and so has the views of experts on it. Many now consider Dent to be a good investment. While it is not the most profitable cryptocurrency out there, it is advisable to buy Dent. You can buy the cryptocurrency on crypto exchange platforms and CFDs with your credit card or debit card. While this should not be treated as investment advice, the Dent platform has a lot of potential for growth which is what makes it a good investment.

Dent fundamental values

Dent is a recent and unique system that aims at developing a society of people who make use of mobile phones and also smartphones. The project creators started with the aim of positively impacting the provision of mobile services with the token. This is to ensure that future services rendered would be in a better situation than it is currently. This is why several people are buying Dent to add to their cryptocurrency wallet.

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The Dent exchange is the first marketplace powered by blockchain technology where people can get Telco assets. The Dent marketplace represents a major innovation, and as a global exchange powered by blockchain, the Dent token is used for every transaction on the crypto market.

The platform has a Dent mobile app that can be installed on mobile devices through which you can buy and send mobile data to anyone in the world. Buying Telco assets on the Dent app requires a Dent token instead of fiat currency. The Dent exchange platform is very much like a cryptocurrency exchange in its mode of operation.

The Dent team came up with the idea of a network that allows users to sell off their mobile data packages to other network users. The inspiration for Dent came up after Cisco released a study that disclosed that a $32 billion worth of data are purchased, but 15% always seem to remain dormant. Dent creators aim to provide a network that makes every telecom industry all over the world much more competent and inexpensive at the same time.

Price history of Dent 2017 to 2020

The Dent coin was created in July 2017 and sold the same year. The Dent project was able to raise about $4.5 million that year as it launched at a good price. At the time, 1 Dent was valued at $0.0005. Nevertheless, the price of Dent went down by more than 50% in just a week. The history of the Dent coin is not a mixed one. By October 2017, its market cap was $3,467,736.

The highest point experienced in the coin’s price was about $0.093522 about three years ago. Currently, Dent has a Total Supply of 100,000,000,000 and a Circulating Supply of 81,673,941,182.736. Dent market capitalization lies at $636,220,936, and the current price of Dent is estimated at $0.006935. The current trading volume in the past 24 hours is $216.98 million.

Price forecast

Following the Crypto bull run from late 2020 till now, Dent has increased substantially and is currently sitting around $0.006935. This has led to a substantial rise in the price of the cryptocurrency, and in the same vein, the price prediction for the currency.