In the last 24 hours, the value of the DENT token has soared highly. DENT has seen a 9% increase in the past day. The token recently hit the Kraken exchange, exposing the protocol to more users. Typically, newly listed tokens on centralized exchanges appreciate significantly and DENT was no different.
Aside from its listing on the Kraken exchange, DENT also recently partnered with WifiMap. DENT holders will now be able to enjoy an eSIM user experience with DENT SDK and Wifi Map.
The DENT protocol has the goal of tokenizing the mobile industry and creating a global marketplace for individuals to trade mobile data. The protocol was launched about five years ago, and the token occupies the 200th rank on the crypto market charts.
DENT is currently valued at $0.00098. The token tapped into the $0.001 mark earlier today, before retracing back by a few percent.
The DENT Protocol Solves the Roaming Problem
In some parts of the globe, access to cellular data is complex. More so, when users commute, roaming costs from data services can be bulky. The Dent protocol was built to solve these problems.
Since the DENT token maintains a regular value regardless of location, the costs for data and mobile services will be low. Additionally, DENT aims at offering low fees to users of the protocol. Interestingly, the protocol has a low market capitalization at the moment.
The DENT protocol has also been promoting its services more vividly. A few months ago, DENT started a campaign to spread the protocol’s services in various regions. Currently, the DENT mobile data package is supported in 61 nations. If DENT’s innovations are to go mainstream, becoming an integral part of web3, the token’s utility will soar in the future.