Is the DENT token a good buying opportunity after a recent sale?
Dent (DENT) has weakened from $ 0.007 to $ 0.0034 since early September, and the current price stands at $ 0.0041. Dent aims to decentralize the current telecommunications infrastructure and, according to the latest data, it has more than 26 million users.
Fundamental analysis: Dent is constantly working on new features
Dent is a blockchain technology project that allows you to buy and sell assets like eSIM cards, voice minutes, mobile data plans, and top-ups on its platform. The mission of this project is to globalize mobile data and provide the most convenient way to stay online while traveling without expensive roaming charges.
Are you looking for fast news, great deals and market analysis? Sign up for the Invezz newsletter today.
The current telecommunications infrastructure is controlled in the owner data centers of the operators in the national oligopolies, while Dent aims to decentralize and distribute this control. For rural areas without commercial mobile network operator coverage, DENT tests nodes that run in a hardware device, and in this way basic internet services should be provided for villages in Africa.
Dent has over 26 million users and is constantly working on new features, which is very important to the growing DENT ecosystem. Dent virtualized mobile assets and made them tradable on Dent Exchange, which is powered by the DENT token.
DENT tokens are built on the Ethereum Blockchain, and it is important to say that these tokens are used in every transaction in the market. Dent Exchange is available in over forty countries around the world, and with plans that vary in volume, you can find the best option that meets your needs.
Dent Exchange allows you to earn money by listing your unused data in the market; you just need to select the amount and set your price. DENT eSIM data exchange is currently available on iPhone, and reselling unused eSIM data has never been easier.
âThe liberation of mobile assets has been our goal from the start. With the new DENT Marketplace, it’s finally possible for eSIM data, âsaid Tero Katajainen, CEO and co-founder of DENT Wireless.
Dent Exchange has a higher level of security than the current industry infrastructure and protects your account with 2-factor verification. Basically, Dent is a really unique project with great potential, and the popularity of this project is increasing all over the world.
Technical Analysis: Dent (DENT) remains in a bear market
Dent (DENT) is trading this Wednesday above the $ 0.0040 level, and it would be a strong buy signal if the price breaks the $ 0.0050 resistance. The next price target could be $ 0.0060 or even more; Nonetheless, if the price drops below $ 0.0035, we have the option of reaching a support level of $ 0.0030.
Dent is a blockchain technology project that lets you buy and sell assets like eSIM cards, voice minutes, mobile data plans, and according to the latest data has over 26 million users. Technical indicators remain bearish, suggesting that DENT will likely continue its negative trend; Still, if the price breaks the resistance of $ 0.0050, that would be a strong buy signal.
Where to buy right now
To invest simply and easily, users need a low cost and reliable broker. The following brokers are highly rated, recognized around the world, and safe to use:
- Etoro, trusted by more than 13 million users worldwide. Register here>
- Capital.com, simple, easy to use and regulated. Register here>