Helium Trading Down 7.6% This Week (HNT)

Helium (HNT) traded up 5.4% against the dollar during the 24-hour period ending at 14:00 PM ET on November 6th. One Helium coin can now be bought for approximately $6.32 or 0.00008346 BTC on major exchanges. Over the last week, Helium has traded 7.6% lower against the dollar. Helium has a market capitalization of $1.08 billion and $22.02 million worth of Helium was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over 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 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 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 (SOLVBTC) traded 7.8% higher against the dollar and now trades at $75,236.48 or 0.99432703 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 6.2% against the dollar and now trades at $74,011.09 or 0.97813223 BTC.

Helium Coin Profile

HNT uses the hashing algorithm. It was first traded 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. The official message board for Helium 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.

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 acquire Helium should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Helium using one of the exchanges listed above.

HNT/USD price chart by TradingView