Helium Trading 7.3% Lower This Week (HNT)

Helium (HNT) traded 9.9% higher against the US dollar during the 1 day period ending at 13:00 PM E.T. on August 5th. One Helium coin can now be purchased for $4.75 or 0.00008702 BTC on major exchanges. Helium has a market capitalization of $763.38 million and $23.06 million worth of Helium was traded on exchanges in the last 24 hours. In the last seven days, Helium has traded 7.3% lower against the US dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 4% lower against the dollar and now trades at $0.0119 or 0.00000022 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Helium

HNT uses the hashing algorithm. It was first traded on August 1st, 2019. Helium’s total supply is 160,875,442 coins. Helium’s official Twitter account is @helium and its Facebook page is accessible here. The official website for Helium is www.helium.com. 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.

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 purchase alternative cryptocurrencies such as Helium directly using U.S. dollars. Investors seeking to acquire Helium should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Helium using one of the aforementioned exchanges.

HNT/USD price chart by TradingView