Helium (HNT) Achieves Market Cap of $1.06 Billion

Helium (HNT) traded 8.3% lower against the U.S. dollar during the 1 day period ending at 0:00 AM ET on October 31st. Helium has a total market cap of $1.06 billion and approximately $9.01 million worth of Helium was traded on exchanges in the last 24 hours. One Helium coin can currently be purchased for approximately $6.21 or 0.00008946 BTC on popular cryptocurrency exchanges. In the last week, Helium has traded 12.2% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed in 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 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.
• SolvBTC (SOLVBTC) traded 3.7% lower against the dollar and now trades at $69,496.11 or 1.00072302 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.7% lower against the dollar and now trades at $69,460.11 or 1.00020462 BTC.

Helium Coin Profile

HNT uses the hashing algorithm. Its launch date was 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 website is www.helium.com. Helium’s official Twitter account is @helium and its Facebook page is accessible here. 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 currently possible to buy alternative cryptocurrencies such as Helium directly using US dollars. Investors seeking to trade Helium should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Helium using one of the aforementioned exchanges.

HNT/USD price chart by TradingView