## Dent Crypto Explained

Dent Crypto produces eight-figure results on search engines. This means that millions of novice and expert traders continue to ask questions about the possibilities of the Dent blockchain and its native asset, DENT, in the saturated market of cryptocurrencies.

## What is Dent Crypto?

Much of the world is accustomed to using the internet for leisure and work.
You cannot access the internet without bandwidth, which can only be obtained via a telecommunications service provider.
Bandwidth is ordinarily bought in bundles of gigabytes monthly, but more than 90% of users don't use up every byte.
The unused capacity is repackaged and sold again.

This caught the attention of Tero Katajainen and Mikko Linnamaki, founders of Dent. They believe blockchain technology could decrease the prices associated with internet use.
With half the global population lacking internet access due to bandwidth prices, Dent enters the telecommunication space aiming to make it easy for everyone to become a part of a global society.

## How Does Dent Crypto Work?

Dent is a digital mobile operator offering embedded subscriber identity module (eSIM) cards, call minutes top-ups, roaming-free experience, and mobile data plans.
Launched in 2017 as an ERC20 token (housed in the ecosystem of [Ethereum](/coins/eth)), Dent wants to unsettle the mobile data market with its technology.
It believes in a world where everyone can freely buy, sell, and even donate their mobile data.

Dent is doing away with data roaming charges. Instead of buying high-priced data from a local service provider, you can purchase data from an extensive network of nodes from the Dent Marketplace.

These nodes are individuals who offer their unused data allowances in exchange for some DENT tokens.
At the launch, 100 billion DENT tokens were made available. Of this, 70 billion were released during pre-sale and sale events, while the founding team retained 30 billion DENT to cover operational expenses.

Although they are used interchangeably, Dent is the blockchain, and DENT is the cryptocurrency associated with the entire project.
As of June 15, 2022, DENT is found on approximately 34 exchanges. Places to buy Dent Crypto include Binance, Bitvavo, Kucoin, Gate.io, WazirX, Upbit, Indodax, FTX, Uniswap V3, and Nami.

## What are the Benefits?

Operating as a single operator in a single world, you can get an internet connection with a validity of 365 days (one year). As a result, you can travel worldwide without worrying about changing SIM cards or paying roaming fees.
You can select one global data package (1GB, 3GB, 5GB, and 10GB) and use it in 60 countries (Asia Pacific, Europe, Middle East, Africa, and America).
You can surf the internet with fast 4G and LTE connections.

Despite the benefits of the Dent Crypto eSIM, it is not available on every smart device. As a result, many ask which devices support eSIM?
Apple Smartphones (iPhone 13 Series, iPhone 12 Series, iPhone 11 Series, iPhone SE (2020), iPhone XR, iPhone XS, and iPhone XS Max) support Dent Crypto's embedded SIM.

Google Smartphone users of models Pixel 6 Series, Pixel 5 Series, Pixel 4 Series, Pixel 3a, and Pixel 3a XL can also access the eSIM.
Dent Crypto's embedded SIM is also available for Samsung Smartphone users of models Galaxy S22 Series, S21 Series, S20 Series, Galaxy Fold, and Galaxy Z Flip.
Other smartphone brands supported by eSIM include Huawei P40, Huawei P40 Pro, Motorola Razr (2019), Nuu Mobile X5, and Rakuten Mini.
Aside from these, Notebooks from Apple, Samsung, Microsoft, Lenovo, Hewlett Packard (HP), Asus, and Acer can also access eSIM.

## Is Dent Crypto a Good Investment? 

Dent Crypto (DENT) can be considered a good investment based on its unique innovation.
Analysts at [PricePrediction.net](https://priceprediction.net/en) believe DENT could command the highest possible trading price of $0.001 by the close of 2022. Analyst David Cox estimates DENT could exchange hands at the best price of $0.0022 by the close of 2022.

With that said, you should always consider the pros and cons before investing in DENT. While Dent Crypto is challenging the status quo, not every brand or model of a brand can access the eSIM.

Moreover, its native asset, DENT, competes with more than 19,000 coins for liquidity.


Dent Crypto: A Good Investment?

On March 15, Pi Network reported that the number of its users rose to 33 million - almost three times more than it was in March 2021. However, it's impossible to determine Pi cryptocurrency value since it's still not trading on any exchange.

But is Pi the real crypto, and will there be any Pi cryptocurrency value?

Launched by business manager Vince McPhillip, anthropologist Chengdiao Fan, and Stanford grads Nicolas Kokkalis and Aurélien Schiltz, Pi Network was created to bring decentralized finance to anyone who owns a smartphone.

Instead of mining through a complicated algorithm, the security of Pi’s ledger is based on a setup where one user vouches for the reliability of another.
However, the Pi Network doesn't act the same as other cryptocurrencies because it needs its users to secure the currency to mine coins. Furthermore, the network has to keep its constant growth so that users can refer it to others.
Still, it's not clear what exactly the Pi cryptocurrency value is. Is it legit, or is there a possibility that the whole thing is a scam?


## Is it Legit?

From the monetary point of view, the Pi Network is 100% legit since it doesn't require any investment for the user to be involved. However, it does require users' identity, meaning users' data. Some argue that it can be considered legit digital currency because if we look at Bitcoin in its early beginnings, its worth was $0, and it was considered a scam. On the other hand, some obvious Ponzi schemes were considered 'financial literacy'.
The official website of the Pi Network says its aim is to make sure everyone is included in the crypto activity, stressing, however, that crypto mining is a complicated and lengthy process that has risks.

Pi Network, therefore, promises everyone will be able to mine Pi on their smartphone without the need for extra charging of the battery.
Be it as it may, we are now witnessing numerous speculations on the future Pi network currency value. Since Pi still isn't trading live on any exchange, there is no exact data, and, therefore, it's hard to project the correct value.

Pi Network is constructed so it has various roles within its community. There are so-called 'Pioneers' – everyday users whose only obligation is to sign in to the application daily. Then we have 'Nodes', which refers to application users who run node software on their computer. Finally, we have 'Ambassadors', who bring other possible 'miners' to the Pi Network. The latter are the reason why some of the Pi opponents are comparing the Pi network with other multi-level marketing schemes.

When it all began, the project’s base mining rate stood at 1.6 π/hour – halving to 0.8 π after the community reached the number of 100,000. Then, there was a halving to 0.4 π/hour after onboarding one million users. The latest cut to 0.2 π/hour happened as the number of miners topped 10 million.

Back in May 2021, the Pi Network stated on Twitter that it had reached over 18 onboarded  ‘Pioneers' and cheered to "mine at a higher rate while they can". Pi also held a so-called #BuildPi2gether Hackathon from June to September, where it gave an award of 100,000 Pi and $100,000 to the most promising business application projects.
On May 19, Pi tweeted that it had reached 35 million engaged 'Pioneers' and its Twitter page has 1.2 million followers at the time of writing.


## Is it Safe?

The Pi Network gained popularity all around the globe, especially in Southeast Asia. At the same time, some analysts argued the network lacked transparency and were projecting doubts regarding its legitimacy since access to their private keys is not something that users have.

Dang Minh Tuan, a blockchain expert at the Posts and Telecommunications Institute of Technology, Hanoi, claims Pi Network is not transparent enough since it alone has "a smartphone app and servers to keep them running," adding, "so why don't developers release its source code for the community to review?"
Another reason that made people suspicious was the fact that the application has adverts. This could mean that Pi is selling users' data to advertising companies and, therefore, is monetizing users who downloaded the app. Apart from personal data that includes full name, phone number, and Facebook username, Tuan claims Pi Network could have stolen all other data a user has on their phone, including credit card numbers.


## What Will Pi Network Be Worth in the Future?

On December 29, 2021, Pi Network launched its mainnet. This is the official third phase of its deployment arrangement. Immediately after it was deployed, the network warned that anyone "impersonating Pi Network or its founders to conduct a sale or listing is illegal, unauthorized and fake".

Because the actual value of Pi Network is hard to predict, some argue that the project itself might be a scam. There are some forecasts of a single Pi becoming worth somewhere between $10 and $100. Still, there is zero evidence to back it up. Therefore, since we are at the year's half – we'll be cautious and say Pi will still hover around $0 in 2022.

In order for someone to legitimately trade the coin, they need to go with the Initial Coin Offering (ICO) or crowdfunding sale to secure assets. However, Pi Network stated it would not run any of those, but rather lean on its users' referral network. This means there is still no legit possibility to trade Pi coins or make a valid Pi Network price prediction for the years to come. 


##How Much Will Pi Be Worth in the Next Few Years?

Before we say anything, let's just reiterate that any Pi coin price prediction has to be taken with caution since there is no reliable info to support it.

According to CoinMarketCap, Pi Network has its own red flag saying: “Pi Network has faced its fair share of controversy recently. Please do your own research before investing”.
Some websites had predicted $0.0211516743 for 2025 and $0.0319333504 for 2028. However, all the data was erased at the time of writing.


Pi Cryptocurrency Value - The Future

The release of Euro Coin (EUROC) was announced by global fintech firm, Circle, on Thursday, June 16, 2022. Circle is the same firm that launched the [United States Dollar Coin (USDC)](/coins/usdc). Like USDC, Euro Coin will be a fully reserved, Euro-backed stablecoin. 

## How the Euro-backed stable coin works

The Euro Coin will function the same way as the Dollar Coin. Thus, 1 EUROC and 2 EUROC will be the equivalent of €1 and €2 respectively. 

As a regulated stablecoin, Euro Coin will be issued under the same full-reserve model of USDC. More importantly, the stablecoin was built on the same standards of security, transparency, and trust that have made USDC one of the most used digital currencies in the crypto finance space. 
 
Circle’s introduction of EUROC will help bridge traditional financial services and cryptocurrencies. Several businesses that do not have direct access to the Euro can use EUROC tokens as on-demand liquidity (ODL) to make and accept payments globally which settle in minutes.
 
Aside from this, the Euro Coins as a tradable token can be used to access crypto capital markets such as lending, borrowing, and trading. 

To ensure the security of the stablecoin to help prevent the ghosts of TerraUSD (UST), Circle has ensured that EUROC has 100% backing of euro-denominated reserves held conservatively in the custody of some of the leading institutions in the financial sector of the United States regulatory perimeter such as Silvergate Bank. 

Speaking on the [launch of EUROC](https://www.circle.com/en/pressroom/circle-announces-a-fully-reserved-euro-backed-stablecoin-euro-coin-euroc), co-founder and CEO of Circle, Jeremy Allaire said, “There is clear market demand for a digital currency denominated in Euros, the world’s second most traded currency after the U.S. dollar. With USDC and Euro Coin, Circle is helping to unlock a new era of fast, inexpensive, secure, and interoperable value exchange worldwide." 

Starting from June 30, EUROC will be made available to institutional clients through a free Circle Account. Uniswap, Huobi Global, Bitstamp, Curve, and Binance.US are among the exchanges that will be supporting the stablecoin. 

This will play an invaluable role in the lives of millions of people who would love to go about their financial lives with EUROC rather than USDC or other currency-backed stablecoins.


Circle launches Euro Coin

The Altcoin Season Index tracks whether investor interest points towards altcoins or [Bitcoin](/coins/btc). Normally, if three-quarters of the top 50 coins by market capitalization outperform Bitcoin over the last quarter (3 months or 90 days), the index could be called altseason.

On the other hand, if 75% of the top 50 coins cannot outpace Bitcoin regarding price performance in the last season (90 days), then there is Bitcoin Season.

[Altseason](/news/article/altcoin-season) is when there are more inflows into alternate coins than into the largest digital asset by market capitalisation, BTC.

## Importance of Altcoin Season Index 

Savvy crypto traders and investors use the altcoin season index to make decisions on whether they have to invest in altcoins or inject more money into Bitcoin.

A great example of the relevance of the Altcoin Season Index can be attributed to the current crypto climate, which is the second quarter (April to June) of 2022.

In April, the crypto altcoin season returned as Bitcoin dominance faded. An index of 100 tokens outperformed Bitcoin in March. Investors who wanted to diversify their assets in case Bitcoin plunged to new high lows bought more altcoins. They were not wrong, as the market crash of May led by Do Kwon's Terra project signaled a steep decline in all cryptocurrencies, with Bitcoin taking much of the fall.

In April, May, and June, the top 50 cryptocurrencies - including Ethereum (ETH), Binance Coin (BNB), Cardano (ADA), Ripple (XRP), Solana (SOL), Dogecoin (DOGE), Polkadot (DOT), TRON (TRX), Avalanche (AVAX), Shiba Inu (SHIB), Polygon (MATIC), FTX Token (FTT), Litecoin (LTC), Chainlink (LINK), Stellar (XLM), Uniswap (UNI), and Bitcoin Cash (BCH) - have not outperformed Bitcoin.

Although BTC has reached the same price levels as 2020, collectively, these cryptocurrencies and others have shed more in market value. Therefore, we can say that we are in Bitcoin Season and not altseason.
It is not surprising to see trader interest reflected in the liquidity of Bitcoin. Though much of this is related to huge selling due to the bearish trends of the market, high investor interest relative to a low-priced asset is a sign of positive reserve risk.

## How does Altcoin Season Index Relate to Bitcoin Fear and Greed Index?

Bitcoin [Fear and Greed Index](https://edition.cnn.com/markets/fear-and-greed) and Altcoin Season Index rely on BTC to make conclusions about crypto seasons.

Bitcoin Fear and Greed Index presents a bull market when the index is closer to 100 (greed) and a bearish market when the index is closer to 0 (fear). The performance of altcoins is measured against that of Bitcoin.

In conclusion, while we are not in an altcoin season in June, there is fear in the market concerning holding Bitcoin.


What is Altcoin Season Index?

The search phrase 'what are reflections in crypto' yields 4.36 million results in 0.49 seconds on Google. That's a lot of information out there on reflection tokens.

So, what do we mean?

## Passive Income

Smart contracts in Decentralised Finance (DeFi) have been at the core of some of the fastest-growing projects, such as Ethereum, Solana, and the former Terra LUNA.
Mainstream cryptocurrencies that also serve as DeFi tokens help investors make additional income through their crypto holdings. Some of the processes used in earning passive income are through staking and liquidity provision to support automated market makers such as decentralised exchanges (DEXs).

Such a process was quite complex and added to the burden of beginner traders and investors who were alien to blockchain technology and cryptocurrency as a whole.
Several developers understood the plight of such people and introduced reflection tokens into the crypto finance space.

With reflection tokens, there is no need to learn about liquidity mining, staking, or yield farming. In trying to understand this new breed of digital currencies, we ask what are reflections in crypto and how do they work?

## What are Reflections in Crypto?

Popularly known as rewards tokens, reflection tokens are digital assets that reward their holders using a technique that taxes transactions, with a percentage of this tax being redistributed to token holders.
Holders receive tokens in their crypto wallets. Although the end result of yield farming and staking is to reward holders, reflection tokens reward holders for just having the coins in their wallets. Holders do not have to join a staking or liquidity pool before they can see additional rewards periodically. Tokens are normally distributed based on the size of holdings.

Reflection tokens have several advantages. Among them is the prevention of large price declines.
Cryptocurrency LUNA crashed because large whales decided to let go of their holdings. Per the fundamental laws of economics, the more supply of an asset, the lower the price of that asset.

Due to the mechanism that taxes transactions and redistributes coins to holders, owners of a particular reflection token will hold onto their tokens for more rewards.
Simply put, reflection tokens play an invaluable role in helping keep investors loyal to a particular crypto project.

## Examples of Crypto Reflection Tokens

For those who want to find answers to what are reflections in crypto with an eye on the tokens, [EverGrow](https://coinmarketcap.com/currencies/evergrowcoin/) Coin (EGC) and Reflect Finance (RFI) are examples of crypto reflection tokens.
Launched in September 2021, EverGrow charges a 14% tax on transactions involving its native asset, ECG. A total of 8% of this tax is redistributed to investors. Rewards are paid in the stablecoin Binance United States Dollar (BUSD) due to the project being housed in the Binance Smart Chain (BSC). As of May 2022, EverGrow Coin has paid more than $36 million in BUSD rewards.

Reflection Finance (RFI) is a reward token housed in the [Ethereum](/coins/eth) ecosystem. Reflect Finance applies a 1% fee to transactions involving RFI and automatically redistributes tokens among coin holders based on the size of funds.

Reflection tokens are here to stay and continue to add more coins to the portfolios of novice and experienced traders and investors.


What are Reflections in Crypto? 

Sandbox price has been trading between $0.9708 and $3.83 in the last three months, per [CoinMarketCap](https://coinmarketcap.com/+). As one of the most demanded Metaverse coins, millions of people continue to search for the price of sand crypto and are saving money towards buying sandbox coins. Unfortunately, several novice traders and investors are alien to the factors that drive the sandbox token price. Moni Talks has seen the plight of small capital investors with less money to risk and delves into the primary drivers of the sandbox crypto price.

## What factors affect the Sandbox price? 

Some factors that impact the sandbox price and affect the sandbox market cap include partnerships, development activity, trading volume, and the Metaverse.

As one of the highly recognizable NFT marketplaces, the Sandbox is always forging new alliances that will impact its ecosystem positively. One such partnership is with the financial services company MasterCard. The payment processing company announced on Friday, 10 June 2022, that it has added the Sandbox and other NFT marketplaces to bring its payment network to Web3. 

It is widely known that the digital collectibles space is largely dominated by the use of crypto through wallets to facilitate transactions. This partnership will make it possible for MasterCard users who do not understand the complexities of blockchain technology, crypto wallets, and NFTs to purchase digital collectibles using their debit and credit cards. Such news bodes well for the crypto sand price and improves its ranking in terms of market capitalisation.

According to the Sanbase (a data-driven portal), the Sandbox trails Decentraland ([MANA](/coins/mana)), Flow, LUKSO (LYXe), and Aavegotchi (GHST) concerning development activity. Per Market Insider, more than 60% of UK and US-based video game developers are using blockchain technology due to the boom in decentralised finance (DeFi) and Gaming Finance (GameFi). More developers mean more variety of games with types of NFT assortments that can be traded for money. This normally results positively in the valuation of a cryptocurrency.

Investor interest is expressed in trading volume. When the volume of SAND goes up, the price rises. As of writing, Sandbox price was under $1, and volume was $350 million, which corresponded to a market capitalisation of $1.2 billion. When SAND reached an all-time high (ATH) of $8.44 on 25 November 2021, trading volume for the day was $11.08 billion, and this corresponded to a market value of $7.5 billion. This means that the Sandbox’s volume has decreased by 96% and the Sandbox market cap is down by 83%. 

Watch trading volume carefully because it plays a valuable role in fundamental and technical analysis. Volume is directly linked to the number of centralised and decentralised platforms that support SAND. As of June 2022, SAND can be found on approximately 18 exchanges.

As an integral part of the Metaverse, the Sandbox NFT sales volume impacts the Sandbox price. The Sandbox is 14th on the list of the biggest NFT collection rankings by sales volume, with more than $370 million in combined sales volume, per data retrieved from CryptoSlam.

The factors mentioned above drive the Sandbox price and will impact the coin's value in the short, medium, and long term.


Latest Moni

Latest Altcoin News | Page 8

Altcoin news from Latest Moni.

Dent Crypto: A Good Investment?

Pi Cryptocurrency Value - The Future

Circle launches Euro Coin

What is Altcoin Season Index?

What are Reflections in Crypto?

Sandbox Price Prediction: What next for SAND?

Crypto scams are falling as victim investors exit

Best wallets to store your Ethereum

Crypto.com news: The exchange gets UK approval