Helium Price Hits $1.40 (HNT)

Helium (HNT) traded 1.9% lower against the U.S. dollar during the 24 hour period ending at 0:00 AM Eastern on May 26th. One Helium coin can currently be bought for approximately $1.40 or 0.00005241 BTC on major cryptocurrency exchanges. Helium has a market cap of $201.70 million and $679,260.25 worth of Helium was traded on exchanges in the last day. In the last week, Helium has traded up 4.2% against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded up 3% against the dollar and now trades at $0.35 or 0.00001291 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 2.2% lower 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.
• OmniaVerse (OMNIA) traded down 7% against the dollar and now trades at $0.0016 or 0.00000006 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.3% higher against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded down 7.3% against the dollar and now trades at $0.0147 or 0.00000055 BTC.
• Belrium (BEL) traded up 0.6% against the dollar and now trades at $2.56 or 0.00009578 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.

Helium Coin Profile

Helium (HNT) uses the hashing algorithm. Its genesis date was August 1st, 2019. Helium’s total supply is 223,000,000 coins and its circulating supply is 143,934,821 coins. The official website for Helium is www.helium.com. The official message board for Helium is chat.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 Hotspot is a wireless network that provides coverage for low power IoT devices and allows anyone to earn the cryptocurrency Helium (HNT) by building a wireless network in their city. The algorithm used by Helium, called “Proof-of-Coverage” (PoC), verifies the location of Hotspots to ensure that they are where they claim to be. There is no pre-mining of HNT, and the maximum supply of HNT is 223 million. HNT is mined by compatible Hotspots, and the supply is halved every two years. Hotspot owners receive a higher proportion of HNT in the early days of the network to incentivize building and securing coverage, but as the network grows, Hotspots earn more for transferring device data while Helium Inc. and investors earn less. After 20 years, the distribution of HNT remains fixed.”

Buying and Selling Helium

It is usually not presently 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 Coinbase, GDAX or Changelly. 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