DNT crypto price prediction

While DNT's market capitalization may not be the most significant within the cryptocurrency domain, it demonstrates notable resilience considering the project's nascent stage.

Consistently maintaining a place in the top 600 cryptocurrencies by market capitalization indicates a fundamental demand for the DNT token.

Note that the cryptocurrency market is showing bearish signs, the financial situation of the crypto market is yet to recover, so it's a good investment time!

What is DNT crypto token?

The DNT token operates as an ERC-20 cryptocurrency on the ethereum blockchain native to District0x, playing a crucial role as the primary governance token. DNT holders possess voting privileges, enabling active engagement in the platform's decision-making procedures. This token empowers the community to contribute to the platform's direction and evolution.

DNT Price

The current price at the time of writing of district is at $0.025, with a trading volume of $616,786 in the past 24h, coupled with a market capitalization of $24 million. 

This figure is based on the circulation of 600 million tokens, out of a total supply of 1 billion tokens. All time high was at $0.4964 on April 2021.

What is the DNT price prediction for 2023

Based on technical analysis, past performance, and various factors, our long-term prediction for DNT cryptocurrency for 2023 will be $0.0547.

Our technical indicators tell us that DNT coin 200-day SMA will drop in the next month and will hit $ 0.029678 by Sep 15, 2023. 50-Day SMA is estimated to get an average price of district coin of $ 0.027135 by Sep 15, 2023.

What is the DNT price prediction for 2024 

In 2024 the price prediction of district0x forecast will be at around $0.0614. 

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 42.85, which indicates that the dnt’s price is in a neutral position. Always do your own research, This is not investment advice nor financial advice.

DNT coin Technical Analysis

Popular DNT Moving Averages and Oscillators 

To provide the District0 x price forecast we used  MA, moving averages are a popular indicator in all financial markets. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Based on our district x forecast, we anticipate a potential increase of 220.31%, leading to a maximum value of $0.0884 by the conclusion of 2025. Presently, technical indicators reflect a bearish signal sentiment, and the Fear & Greed Index stands at 9.69, signifying extreme fear. Considering this district0x forecast, it may carry risks to sell district0x at this point in time since we are in a downward trend.

What is the x network?

The District0x Network (DNT) comprises decentralized marketplaces and networks, known as 'districts'. These districts function as self-governing entities (DAOs) within the district0x Network, giving token holders of the don't token voting rights on the project decisions but also on investment decisions. This framework is built on Ethereum's smart contracts and front-end libraries, equipping districts with essential functionalities for running online markets or communities. This network forms a decentralized x ecosystem for creating, operating, and overseeing various districts, powered by Ethereum, Aragon, and IPFS.

Become a part of the District0x Decentralized Autonomous Organization (DAO) community. Engage with us to explore ongoing advancements, and upcoming strategies, and share your valuable insights or suggestions. You can also actively contribute, moderate, or educate others. If you're eager to initiate your own district, visit our Onboarding Terminal to connect with fellow community members or utilize our open-source resources for development. Let's see if DNT coin reaches new highs in the coming years!

Official website x  platform: https://district0x.io/