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Should you buy Dent (DENT) after its various technological improvements?

By: Invezz

Dent DENT/USD is a digital mobile operator that offers eSIM cards as well as mobile data plans and even call minute top-ups and roaming-free services.

It leverages blockchain technology to create a global marketplace for mobile data liberalization.

The DENT token is an Ethereum based token that follows the ERC-20 token standard.

Dent developments as a catalyst for growth

On September 29, we discussed if the DENT token was a solid buy opportunity after its sell-off at the time.

DENT announced their expansion towards a worldwide infrastructure for DENTNet on December 7, where they completed operations such as relocating the DENTHQ from Hong Kong to BVI.

They also opened a Blockchain and Telco development center in Dubai, establishing a Telecom Network hub in Auckland, and establishing new Mobile Network Hubs in Washington DC, Frankfurt, and Singapore. 

On December 17, Dent made an announcement on Twitter about their GIGASTORE SDK, which makes it easy for any application developer to build Mobile Data offerings within their applications.

Later on, on December 22, they made a post that they connected 27,501 students in rural Kenya through the help of Dent Wireless.

All of this has contributed to the growth of the DENT token.

Should you buy Dent (DENT)?

On December 24, Dent (DENT) had a value of $0.004743.

To see what kind of value point this is for the DENT token, we will go over its ATH value point alongside the performance the token had last month.

When we look at the ATH value point of the DENT token, we can see that it was gained on January 9, 2018, when it reached $0.1006 in value. At its ATH value point, the token was $0.095857 higher in value or by 2021%.

When we go over the token’s value in November, we can see that on November 2, the token had its highest value point at $0.008167.

However, its lowest value point was on November 28, when the token decreased to a value of $0.004557.

Here, we can see that the token decreased in value by $0.00361 or by 44%.

According to data from IntoTheBlock, DENT saw $5.83 million in transactions greater than $100,000.

Additionally, DENT saw $1.73 million in total exchanges inflows as well as $2.5 million in total exchanges outflows.

With its recent increase in value as well as trading volume, we can expect DENT to remain at an upwards momentum and reach $0.006 by the end of December, making it a worthwhile buy.

The post Should you buy Dent (DENT) after its various technological improvements? appeared first on Invezz.

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