Update Alert! What Is Dent Coin? Will Dent Coin Reach 1$? Predictions And the possible market position in the upcoming period.
This pandemic has made us all revisit our approach towards investing. Since last year, people have become more conscious about investing due to the scarcity of funds during the lockdown. During the same time, the cryptocurrency ecosystem witnessed a massive expansion. Moreover, the success of Bitcoin, this new ecosystem is attracting a number of traders. Today we are going to discuss one of the growing cryptocurrencies, the Dent coin. What is a Dent Coin? What is its current market position? And will a dent reach $1? We’ll discuss it all.
What Is Dent Coin?
Dent coin is developed by a Hong Kong-based telecommunication company named Dent Wireless limited. The company was set up in 2014 by Tero Katajainen. It is a company with an interesting ambition to achieve. Further, The company wants to bring a revolution in the mobile networking industry.
They have a plan to make mobile data one of the things like shares, gold, and cryptocurrencies, in which someone can trade in. Also, they state that mobile data service providers are actually creating a monopoly in the market and hence increasing user dependency on them. Likewise, the question of the whole process of data delivery lacks transparency.
The company aims at removing all these problems from the current system and revolutionizing the whole mobile networking Industry by promoting Mobile data trading. For completing this purpose, the company uses digital Dent Coin.
Now let’s have a look at this coin’s market position and answer the question, Will a dent reach $1?
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Dent Coin Market Position
Crypto is now witnessing a boom period. Various recent coins like Doge and Shiba Inu are enjoying their recent growth. The same is with the Dent coin. At the time of writing this article, the coin is currently trading at $0.00696 showing a surge of 17% in the last 24 hours.
Will Dent Coin Reach 1$?
But as we have seen in many cases, you never know with cryptocurrency. It is a highly volatile market and one can never correctly predict it. The coin has the potential to be the next big thing in the crypto universe.
Furthermore, As far as crossing the $1 mark, it is a destination very far. Dent coin can touch a $ but it will take time as what current analytics are suggesting. Currently, Dent is trading near $0.0065 which very low than its all-time high of 1.4 cents. But you never know, a miracle can happen just like the case of Dogecoin.
ADVISORY: Do your own research before investing in any Cryptocurrency.
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