Helium is a blockchain-based network designed for IoT devices. It uses the nodes as hotspots to connect wireless devices to the network. These hotspots offer public network coverage and rely on LoRaWAN, which is a media access control layer protocol. This protocol has a cloud component to which platforms like Helium get connected.
The chain aims to create a reliable, decentralized, and global network for IoT devices. The ecosystem is empowered by its native token, HNT, and the holders run the nodes for the network, who are incentivized. The platform uses the Proof-of-Coverage consensus mechanism, wherein the miners are required to produce radio frequencies to connect to the network.
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|Market Cap||$682.91 million|
|Circulating Supply||129.17 million|
|Max Supply||223 million|
|Vol (24H)||$30.06 million|
The Helium crypto price, after being stagnant for more than a month, can be expected to gain some momentum to propel the token higher. The price is expected to rise beyond $5 in the first few days of the month and also reach $5.5 by the middle. However, it may experience bearish pressure, which may be overcome quickly. By the end of October 2022, the price may trade around $5.2 to $5.3.
Volatility is expected to rise slightly in November, which may induce some strength within the rally. The price could surge beyond $5.5 from the monthly lows of around $5.2 or $0.515 during the first half of November 2022. After a brief consolidation, the price may begin with a significant upswing towards $6. Woefully, the HNT price may be restricted to around $5.6 to $5.7 by the end of the month.
The Helium price may try hard to surpass $6 but may face acute bearish pressure. Therefore, after marking monthly highs at around $5.92 or $5.95, the price may drop, notably to retest the region around $5.5. However, the price may rebound and try hard to close the trade on a bullish note. Hence, by the end of the yearly trade, the HNT price may hover around $5.6 to $5.9.
The price may be extremely bullish since the beginning of 2023 and, hence, after securing its position above $6, the price may further head towards pivotal resistance at $6.9 during Q1 2023. Further, the price intending to reach a double-digit target may achieve $7.5 by the end of Q2. To end the yearly trade, the HNT price may surge beyond $11 to $12, after attaining $10.5 in Q3.
The bears may attempt to drag the price lower and mount excessive selling pressure. After experiencing a slight pullback, the bullish trend may be resumed, uplifting the price close to the initial target at around $14.5 to $15. However, by the end of H1 2024, the HNT price is expected to trade around these levels. Further, by the end of 2024, the prices could range high and close the yearly trade at around $17.89 to $18.56.
Failing to achieve the desired target of $20 in 2025, the HNT price could display extreme volatility from the beginning of 2025. Maintaining a significant upswing, the token could quickly reach the initial target at $20 and, after withstanding bearish pressure, may close the Q2 trade at around $22.5 to $23.6. The crypto may maintain a significant upswing later during the second half of 2025 and close the yearly trade somewhere around $25.75 to $32.67.
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|Year||End of Year Price||% Change|
Price as on 3 October, 2022.
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🚨It’s official! The HIP 70 vote has ended. #Helium will be moving to the @Solana blockchain!👏🏼 pic.twitter.com/V2WIajou7R
— Helium🎈 (@helium) September 22, 2022
👋 Say hello to @Helium_Mobile! The world’s first cryptocarrier, bringing the power of #ThePeoplesNetwork right to your phone in partnership with @TMobile!
Read more here: https://t.co/SAO1OpzjWP pic.twitter.com/oWfOBKqYbr
— Helium🎈 (@helium) September 20, 2022
Buying or Selling Helium(HNT) is very easy & simple on CoinDCX, crypto app. Just follow the below mentioned steps to buy HNT token.
Helium is a blockchain-based network specifically designed for the Internet-of-things devices.
Helium price has been largely undervalued throughout 2022 and the added selling pressure may compel the price to explode very soon. Therefore, it is a good recovery candidate however, doing your own research and understanding is paramount.
The price could rebound and try hard to close the trade on a bullish note. Hence, by the end of the yearly trade, the HNT price may hover around $5.6 to $5.9.
At its current Helium crypto price may reach a double-digit target & achieve $11 to $12 by the end of 2023.
By the end of 2024, the HNT price could trade towards the range high and close the yearly trade around $17.89 to $18.56.
The Helium crypto price may maintain a significant upswing later during the second half of 2025 and close the yearly trade somewhere around $25.75 to $32.67.