Helium Achieves Market Capitalization of $1.12 Billion (HNT)

Helium (HNT) traded up 3.5% against the dollar during the 1-day period ending at 8:00 AM ET on October 20th. During the last week, Helium has traded 4.2% higher against the dollar. Helium has a total market cap of $1.12 billion and $11.89 million worth of Helium was traded on exchanges in the last 24 hours. One Helium coin can currently be purchased for about $6.55 or 0.00009574 BTC on popular exchanges.

Here is how related cryptocurrencies have performed during 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 12.3% higher against the dollar and now trades at $0.0801 or 0.00000117 BTC.

Helium Coin Profile

Helium uses the hashing algorithm. It launched on August 1st, 2019. Helium’s total supply is 170,472,132 coins. The Reddit community for Helium is https://reddit.com/r/heliumnetwork and the currency’s Github account can be viewed here. Helium’s official Twitter account is @helium and its Facebook page is accessible here. Helium’s official website is www.helium.com. Helium’s official message board is chat.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 possible to purchase alternative cryptocurrencies such as Helium directly using U.S. dollars. Investors seeking to trade Helium should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. 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