Helium (HNT) Achieves Market Capitalization of $1.09 Billion

Helium (HNT) traded down 7% against the dollar during the 24 hour period ending at 18:00 PM Eastern on October 31st. Helium has a total market cap of $1.09 billion and $8.37 million worth of Helium was traded on exchanges in the last day. One Helium coin can now be purchased for $6.37 or 0.00009058 BTC on popular cryptocurrency exchanges. During the last week, Helium has traded down 13.6% against the dollar.

Here’s how other cryptocurrencies have performed during the last day:

• 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 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.BBN (SOLVBTC.BB) traded down 2.9% against the dollar and now trades at $70,100.50 or 0.99645735 BTC.
• SolvBTC (SOLVBTC) traded down 3% against the dollar and now trades at $70,089.88 or 0.99630639 BTC.

Helium Coin Profile

Helium uses the hashing algorithm. Its genesis date was August 1st, 2019. Helium’s total supply is 170,472,132 coins. Helium’s official Twitter account is @helium and its Facebook page is accessible here. Helium’s official message board is chat.helium.com. 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.

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.”

Helium Coin Trading

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

HNT/USD price chart by TradingView