Helium (HNT) has been gaining during the crypto crash session today. The Helium crypto price has not gained substantially but was enough to top the ‘Biggest Gainers’ list on CoinMarketCap, the popular crypto price-tracking website. The market crash has literally not gotten any better as major cryptos like Bitcoin (BTC) and Ethereum (ETH) have lost massive value.
What Is Helium Crypto?
The ones who have been thinking about what Helium crypto is will surely be addressed first. The Helium CoinMarketCap page defines it as:
“A decentralized blockchain-powered network for the Internet of Things (IoT) devices. Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes. Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT. Helium’s goal is to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.”
Helium Crypto Price Prediction
Helium crypto price was up by 1.51% and traded at $4.55 at the time of writing on September 19, 2022. The market capitalization of the coin stood at $574.86 million, up by 1.48%. In addition to the gain in price, it was seen that the 24-hour trade volume of the HNT token surged by a huge 76.39% and was at $32.81 million.
On the Helium CoinMarketCap page, it was earlier noted that the token increased over 3% but then might have been affected by the bearish trend in the market as its 1-hour price action showed a ‘red’ number as it was down by 0.22% from its price an hour ago at press time. The day’s high was recorded at $4.63, which was far less than the 1-month peak of $7.66.
The Helium crypto price prediction rating is pinned at $5.04 by the end of 2022, which it might achieve as it is close to that price already. However, if repeated crypto crash sessions take place, it would be difficult for it to maintain such price action.
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