Helium Trading Up 55.8% Over Last Week (HNT)

Helium (HNT) traded up 10.6% against the dollar during the twenty-four hour period ending at 11:00 AM E.T. on August 12th. One Helium coin can now be purchased for approximately $6.70 or 0.00011233 BTC on popular cryptocurrency exchanges. Helium has a total market capitalization of $1.08 billion and $20.61 million worth of Helium was traded on exchanges in the last day. During the last seven days, Helium has traded 55.8% higher against the dollar.

Here’s how other 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1% lower against the dollar and now trades at $0.0126 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Helium

Helium (CRYPTO:HNT) uses the hashing algorithm. Its launch date was August 1st, 2019. Helium’s total supply is 160,875,442 coins. The official message board for Helium is chat.helium.com. Helium’s official website is www.helium.com. Helium’s official Twitter account is @helium and its Facebook page is accessible here. 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 US dollars. Investors seeking to trade Helium should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. 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