Helium Trading 2.5% Lower This Week (HNT)

Helium (HNT) traded 2.3% lower against the U.S. dollar during the one day period ending at 22:00 PM ET on July 11th. Helium has a market cap of $490.72 million and approximately $6.06 million worth of Helium was traded on exchanges in the last 24 hours. One Helium coin can now be purchased for approximately $3.05 or 0.00005333 BTC on major exchanges. During the last seven days, Helium has traded down 2.5% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 1.3% lower against the dollar and now trades at $0.19 or 0.00000324 BTC.
• 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 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 up 2.2% against the dollar and now trades at $0.0126 or 0.00000022 BTC.

Helium Coin Profile

Helium (HNT) uses the hashing algorithm. Its launch date was August 1st, 2019. Helium’s total supply is 160,875,442 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. The official website for Helium 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 Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Helium using one of the aforementioned exchanges.

HNT/USD price chart by TradingView