Helium Market Capitalization Achieves $1.20 Billion (HNT)

Helium (HNT) traded up 5.2% against the US dollar during the 24-hour period ending at 15:00 PM ET on October 29th. Helium has a total market capitalization of $1.20 billion and approximately $13.83 million worth of Helium was traded on exchanges in the last 24 hours. Over the last week, Helium has traded 0.6% higher against the US dollar. One Helium coin can now be purchased for about $7.05 or 0.00009670 BTC on exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 4.6% against the dollar and now trades at $72,036.37 or 0.98784925 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 4.2% higher against the dollar and now trades at $71,594.85 or 0.98179459 BTC.

Helium Coin Profile

Helium (HNT) uses the hashing algorithm. It was first traded on August 1st, 2019. Helium’s total supply is 170,472,132 coins. The Reddit community for Helium is https://reddit.com/r/heliumnetwork and the currency’s Github account can be viewed here. Helium’s official message board is chat.helium.com. Helium’s official website is www.helium.com. Helium’s official Twitter account is @helium and its Facebook page is accessible here.

According to CryptoCompare, “Helium (HNT) is a blockchain-based network for IoT devices, launched in July 2019. It uses Hotspots for network coverage and mining HNT tokens. Helium addresses the limitations of current IoT infrastructure by offering a decentralized and efficient communication system. The network was co-founded by Amir Haleem, Shawn Fanning, and Sean Carey, combining expertise from various tech domains. Helium’s unique model uses a Burn-and-Mint Equilibrium with HNT and Data Credits to maintain its token economy.”

Buying and Selling Helium

It is usually not currently possible to buy alternative cryptocurrencies such as Helium directly using US dollars. Investors seeking to acquire Helium should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Helium using one of the aforementioned exchanges.

HNT/USD price chart by TradingView