Helium Market Capitalization Achieves $1.02 Billion (HNT)

Helium (HNT) traded up 0.4% against the dollar during the twenty-four hour period ending at 22:00 PM ET on November 3rd. Helium has a market capitalization of $1.02 billion and approximately $9.84 million worth of Helium was traded on exchanges in the last day. One Helium coin can currently be purchased for approximately $5.98 or 0.00008648 BTC on major exchanges. Over the last week, Helium has traded 10.3% lower against the dollar.

Here is how similar cryptocurrencies have performed over the last day:

• 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 2.2% lower 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.
• 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0.9% higher against the dollar and now trades at $69,051.25 or 0.99888052 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% lower against the dollar and now trades at $68,501.35 or 0.99092571 BTC.

About Helium

HNT uses the hashing algorithm. It was first traded on August 1st, 2019. Helium’s total supply is 170,472,132 coins. The official message board for Helium is chat.helium.com. Helium’s official Twitter account is @helium and its Facebook page is accessible here. 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.

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

HNT/USD price chart by TradingView