Helium (HNT) Achieves Market Cap of $1.18 Billion

Helium (HNT) traded down 3.3% against the dollar during the 24-hour period ending at 12:00 PM ET on January 5th. One Helium coin can currently be bought for about $6.68 or 0.00006818 BTC on popular cryptocurrency exchanges. Helium has a total market cap of $1.18 billion and $11.91 million worth of Helium was traded on exchanges in the last 24 hours. During the last week, Helium has traded up 0.4% against the dollar.

Here’s how related cryptocurrencies have performed during 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.
• 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.
• SolvBTC (SOLVBTC) traded 0.2% higher against the dollar and now trades at $97,712.37 or 0.99739713 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0% against the dollar and now trades at $96,933.05 or 0.98944219 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Helium Profile

Helium uses the hashing algorithm. Its launch date was August 1st, 2019. Helium’s total supply is 175,965,503 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. Helium’s official website 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.

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

HNT/USD price chart by TradingView