Helium Achieves Market Cap of $994.84 Million (HNT)

Helium (HNT) traded 1.1% lower against the US dollar during the 1-day period ending at 12:00 PM E.T. on January 9th. Helium has a market capitalization of $994.84 million and approximately $15.75 million worth of Helium was traded on exchanges in the last day. In the last seven days, Helium has traded down 6.2% against the US dollar. One Helium coin can currently be bought for about $5.65 or 0.00006045 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed in 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.3% lower against the dollar and now trades at $93,324.43 or 0.99900207 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.6% against the dollar and now trades at $92,874.23 or 0.99418276 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Helium Profile

Helium uses the hashing algorithm. It was first traded on August 1st, 2019. Helium’s total supply is 176,178,772 coins. 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. 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 presently possible to purchase alternative cryptocurrencies such as Helium directly using US dollars. Investors seeking to trade Helium should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Helium using one of the exchanges listed above.

HNT/USD price chart by TradingView