Helium Achieves Market Capitalization of $1.00 Billion (HNT)

Helium (HNT) traded up 2.1% against the dollar during the one day period ending at 13:00 PM E.T. on November 18th. Helium has a market cap of $1.00 billion and $13.53 million worth of Helium was traded on exchanges in the last day. One Helium coin can now be purchased for $5.88 or 0.00006424 BTC on exchanges. During the last week, Helium has traded 10.4% lower against the dollar.

Here is how similar cryptocurrencies have performed during 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.
• SolvBTC (SOLVBTC) traded up 1.2% against the dollar and now trades at $91,233.15 or 0.99666430 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.8% higher against the dollar and now trades at $90,776.71 or 0.99167796 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Helium Coin Profile

Helium uses the hashing algorithm. Its launch date was August 1st, 2019. Helium’s total supply is 170,472,132 coins. Helium’s official message board 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 purchase alternative cryptocurrencies such as Helium directly using US dollars. Investors seeking to trade Helium should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. 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