Helium Hits Market Cap of $1.08 Billion (HNT)

Helium (HNT) traded 2% higher against the U.S. dollar during the one day period ending at 15:00 PM Eastern on October 14th. Helium has a market cap of $1.08 billion and $21.77 million worth of Helium was traded on exchanges in the last 24 hours. In the last seven days, Helium has traded 8.9% lower against the U.S. dollar. One Helium coin can now be purchased for $6.32 or 0.00009591 BTC on cryptocurrency exchanges.

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 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.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 4.5% higher against the dollar and now trades at $0.0499 or 0.00000076 BTC.

Helium Profile

Helium uses the hashing algorithm. Its launch date was 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. The official website for Helium is www.helium.com. Helium’s official Twitter account is @helium and its Facebook page is accessible here. The official message board for Helium 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 buy alternative cryptocurrencies such as Helium directly using US dollars. Investors seeking to acquire Helium should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Helium using one of the aforementioned exchanges.

HNT/USD price chart by TradingView