In the sea of different cryptocurrencies, we are always looking for those coins we could consider to be promising, both by progress in price and by functionality. And, what is a better way of finding the right coins to invest in than analyzing coins individually? That is why we are going through all facts and features related to Dent coin – to try and conclude whether this coin is worthy of attention or not (so much).
Everything you need to know about Dent
Dent coin was launched by a company, and not an individual. The company’s name is DENT Wireless Limited. The purpose of creating DENT was the idea of repurposing data, and the way data is being stored, shared, paid for and sold. Dent is focused on becoming the first mobile data cryptocurrency where Dent developers are hoping to transfer coin operations to mobile usage, that way disrupting the by far known system of the global telecommunications industry, aiming at revolutionizing the way people are exchanging data.
The idea is to monetize data and even change the way data is being shared or donated. All operations regarding Dent are done within Ethereum blockchain nodes, which immediately gives the green light for Dent being accepted by a larger network.
Ethereum already has a couple of “external” currencies enabled to operate within the Ethereum network besides from its official currency ETH. We presume that each accepted currency in the form of different tokens with different purposes and ideas are chosen carefully by the Ethereum developers, which gives us an incentive that Dent might represent a coin worthy of holders’ and investors’ attention in general.
Dent uses Ethereum for exchanging, selling and even donating data and what is revolutionary about this digital asset is the fact that Dent is seeking to transfer all operations to mobile devices so that the users would be able to make transactions and manipulate data by using mobile devices.
So, we already have two vote ups for Dent – one going to the enabled operations through Ethereum, the second biggest coin on the market with a solid second place on the global coin ranking list, and the second going to the way Dent is operating with data by using mobile devices.
But, how well does Dent place its purpose in practice?
So far, Dent was progressing slowly but steadily, establishing mobile connectivity with India and Brazil, which drew 40 million users to Dent. This seemingly small step brought a larger market cap, also bringing more DENT coins in circulation and consequently raising the price per unit that this coin has.
The next venture is establishing connectivity of crypto and mobile data exchange to the United States and Mexico, which should increase the number of users from millions to billions in case the connectivity is established and the crypto-coin well accepted. If this case scenario is to happen, Dent coin’s price would also experience a substantial increase, making this currency more valuable on the market.
Now, as far as the price concerned, Dent experienced a slight downfall in the last 24 hours, going almost -4% down with the price. The coin is currently holding the 68th spot on the global coin ranking list, which is a great success for a small token such as Dent.
For now, the most realistic scenario is that this coin will reach the price of one dollar per unit in the course of the next following months based on the current pace Dent coin has. If everything goes as planned for Dent; this coin will surely go “to the moon” as Doge Coin holders like to say when their favorite coin is hitting the roof with price increases.
We will be updating our subscribers as soon as we know more. For the latest on cryptocurrencies, sign up below!
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.
Image courtesy of coinmarketcap.com
How Can Foreigners Get Loans in Singapore
Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.
At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary.
What defines a foreigner in Singapore?
A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also…
Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors
When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat. These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor. But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.
Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace. The real benefit to trading in these offices is to participate in the free flow of trading ideas and information. Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed. Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?
While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.
Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors. The goal of the platform is to help newcomers shorten their learning curve,…
CoinFlip Scores Big with BRD Wallet Partnership
As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible. While many crypto users are extremely tech oriented, a lot of those on the sidelines are not. The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above. In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country. Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.
In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map. Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells. BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit. The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.
Cryptocurrencies are already making a huge difference around the world. Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…