Helium (HNT) Market Capitalization Achieves $222.63 Million

Helium (HNT) traded up 0.2% against the U.S. dollar during the 24 hour period ending at 12:00 PM E.T. on March 19th. Helium has a total market cap of $222.63 million and approximately $5.06 million worth of Helium was traded on exchanges in the last day. During the last week, Helium has traded 22.7% lower against the U.S. dollar. One Helium coin can now be bought for about $1.58 or 0.00005722 BTC on popular exchanges.

Here is how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 8% lower against the dollar and now trades at $0.40 or 0.00001437 BTC.
• Aidi Finance (BSC) (AIDI) traded 0% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded up 0.3% against the dollar and now trades at $0.0684 or 0.00000248 BTC.
• CareCoin (CARES) traded 0.3% higher against the dollar and now trades at $0.0849 or 0.00000307 BTC.
• OmniaVerse (OMNIA) traded down 2% against the dollar and now trades at $0.0012 or 0.00000004 BTC.
• Kitty Inu (KITTY) traded up 0.3% against the dollar and now trades at $101.47 or 0.00367618 BTC.
• FEG Token (FEG) traded up 0.3% against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded down 0.6% against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded up 0.3% against the dollar and now trades at $7,375.38 or 0.26719740 BTC.
• Lego Coin (LEGO) traded down 8.5% against the dollar and now trades at $0.0164 or 0.00000059 BTC.

Helium Coin Profile

Helium uses the hashing algorithm. It launched on August 1st, 2019. Helium’s total supply is 223,000,000 coins and its circulating supply is 140,544,217 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 message board is chat.helium.com. Helium’s official website is www.helium.com.

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 possible to buy alternative cryptocurrencies such as Helium directly using US dollars. Investors seeking to acquire Helium should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Helium using one of the aforementioned exchanges.

HNT/USD price chart by TradingView