DENT Coin Price Prediction for 2024-2025

Dent is a blockchain project aiming at reducing the cost of mobile data and data roaming charges. This project promises to be a major disruptor in the mobile data market through the use of DENT, an ERC-20 token powering the Dent infrastructure. Has this project achieved its goals so far? What are the perspectives on this project and its cryptocurrency? Let us discuss it in our DENT price prediction for the next few years.

What is DENT?

The Dent whitepaper (published in 2017) describes a decentralized blockchain network “where users are able to freely buy, sell and donate their mobile data, from any user to any user.” This way, the Dent project addresses one of the most prominent problems of mobile phone contracts: data roaming charges.

The main idea of the Dent Project is to allow mobile phone users to buy data packages from a global network of ‘nodes.’ In this case, a node is an individual that sells their unused data allowance. So, instead of paying exorbitant data roaming fees, users pay nodes a much lower price in DENT for their data packages.

It is worthwhile noting that mobile phone users must not replace their telecom providers. Instead, Dent offers an alternative to switch seamlessly between regular telecom providers and the decentralized DENT network as each user deems it more convenient. For their side, nodes earn cryptocurrency in a similar manner to mining.

Early Stages

The DENT token was launched through an initial coin offering (ICO) in 2017. Approximately 70 billion DENT tokens were sold at $0.00006 each, raising $4.3 million. The company behind the project retained the remaining 30 billion tokens to cover operating expenses. According to CoinMarketCap, DENT started trading in the open market on August 12, 2017, at $0.00063. By the end of that year, the price had increased to $0.019.

In January 2018, the DENT price skyrocketed, reaching its all-time high on January 9 at $0.1114. However, the price abruptly dropped within the following months, ending 2018 at $0.0012. There was a short-lived spike in June 2019, taking the DENT price to $0.0025 on June 23. But from the second half of 2019 to the end of 2020, the DENT price roughly fluctuated between $0.0001 and $0.0003.

The DENT price resurged in 2021, reaching $0.017 on April 6. But the price dropped again, reaching $0.0018 on July 21. The DENT token sold at less than $0.004 by the end of 2021. During the first months of 2022, the DENT price continued to drop, reaching $0.0009 on May 12. Since then, the DENT price has fluctuated between $0.0008 and $0.0015.

As of January 7, 2023, DENT traded at around $0.0007.

Where Is DENT Now?

As of January 7, 2023, the DENT token ranks #264 on CoinMarketCap’s list of most valuable cryptocurrencies per market capitalization. Other important statistics are shown in the table below.

Dent Price Prediction

Dent Price Prediction for 2024

Cryptopolitan predicts an average DENT price of $0.002 in 2024. According to this source, the DENT token will not significantly increase its value in the next two years. For its part, CryptoNewsZ predicts moderate growth. Accordingly, DENT will trade at approximately $0.0023 in mid-2024. However, the DENT price could reach $0.0037 by the end of 2024, averaging $0.0030 throughout the year.

Dent Price Prediction for 2025

In 2025, DENT will trade at an average price of $0.0030, according to Cryptopolitan. In contrast, CryptoNewsZ predicts an average DENT price of $0.0040 in 2025, with a minimum and maximum of $0.0039 and $0.0048, respectively.

Summary

DENT price predictions for the following years go from pessimistic to moderately optimistic, despite the Dent project addressing a relevant technological problem. It remains to be seen whether developers can solve all the challenges for the mass adoption of this solution. DENT could be a worthwhile investment but a risky one too.

FAQs

Where to buy the DENT coin?

Unlike major cryptocurrencies like Bitcoin and Ethereum, fewer exchanges list DENT for trading. LetsExchange.io allows you to buy this cryptocurrency and thousands of other digital coins at competitive rates.

Is the DENT coin a good investment?

There is no consensus among experts about the worthiness of DENT as an investment. Most predictions expect this token to increase its value in the future, albeit moderately. DENT could be a good long-term investment if the Dent project delivers its technological solution as promised.

Can DENT reach $1?

It is unlikely, at least within the next ten years.

Will the DENT price go up?

Yes, it will, but not at a fast pace.

How much will DENT be worth in 2030?

The DENT price could average $0.019 in 2030, possibly climbing to a maximum of $0.033.

Disclaimer

Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.

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