Helium (HNT) Trading 11.6% Lower Over Last Week

by · The Markets Daily

Helium (HNT) traded 2.8% lower against the U.S. dollar during the 24 hour period ending at 13:00 PM E.T. on October 17th. One Helium coin can now be purchased for $5.85 or 0.00008712 BTC on exchanges. Helium has a market cap of $997.34 million and approximately $12.84 million worth of Helium was traded on exchanges in the last 24 hours. In the last seven days, Helium has traded 11.6% lower against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

  • 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 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 8.9% higher 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 down 0% against the dollar and now trades at $0.0494 or 0.00000073 BTC.

Helium Profile

Helium (CRYPTO:HNT) uses the hashing algorithm. It launched on 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. The official website for Helium is www.helium.com. Helium’s official message board is chat.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 currently 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 Coinbase, Gemini or GDAX. 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