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Is the DENT token a good buy opportunity after a recent sell-off?

By:
on Sep 29, 2021
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  • Dent is continuously working on new features
  • The popularity of this project is rising across the globe
  • Dent has over 26 million users

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Dent (DENT) has weakened from $0.007 to $0.0034 since the beginning of 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 over 26 million users.

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Fundamental analysis: Dent is continuously working on new features

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Dent is a blockchain technology project that allows you to buy and sell assets like eSIM cards, voice minutes, mobile data packages, and top-ups on its platform. The mission of this project is globalizing mobile data and offering the most convenient way of staying online while traveling without expensive roaming fees.

Current telecommunications infrastructure is controlled in proprietary data centers of carriers in domestic oligopolies, while Dent aims to decentralize and distribute this control. For rural areas without commercial mobile network operator coverage, DENT is testing 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 it is continuously working on new features, which is very important for the expanding DENT ecosystem. Dent has virtualized mobile assets and made them tradeable 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 utilized in every transaction on the marketplace. Dent Exchange is available in more than forty countries around the world, and with packages that vary in volume, you can find the best option that fits your needs.

Dent Exchange enables you to earn money by listing your unused data on the marketplace; you only need to select the amount and set your price. DENT eSIM data trading is currently available on iPhone, and reselling unused eSIM Data has never been easier.

“Liberating mobile assets has been our goal from the start. With the new DENT Marketplace, this is finally possible for eSIM data,” said 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. Fundamentally looking, Dent is a truly unique project with big potential, and the popularity of this project is rising across the globe.

Technical analysis: Dent (DENT) remains in a bear market

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Data source: tradingview.com

Dent (DENT) is trading this Wednesday above the $0.0040 level, and it would be a strong buy signal if the price jumps above $0.0050 resistance. The next price target could be at $0.0060 or even above; still, if the price falls below $0.0035, we have the open way to a $0.0030 support level.

Summary

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Dent is a blockchain technology project that allows you to buy and sell assets like eSIM cards, voice minutes, mobile data packages, and according to the latest data, it has over 26 million users. Technical indicators remain bearish, suggesting that DENT will probably continue its negative trend; still, if the price jumps above $0.0050 resistance, it would be a strong “buy” signal.

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