Helium was launched in 2019 and is an innovative approach to wireless communication for Internet Things ( IoT) devices. It is a decentralized blockchain network which is designed to create a global network of hotspots that offer wireless coverage for IoT devices. This whole system mainly aims to revolutionize how we connect and communicate in an interconnected world of digital devices.
Helium is different because it has a unique consensus mechanism known as Proof of Coverage ( PoC). This mechanism incentivizes users to become network operators by setting hotspots. Hotposts are specialized hardware devices that offer wireless coverage. By doing so, Helium creates a decentralized wireless system that is cost-effective and more scalable than other traditional centralized systems reshaping the IoT connectivity.
What Are HNT Tokens?
HNT ( helium network tokens ) are the native tokens of the Helium network. These tokens are used for different purposes:
- Rewards: HNTs are used to reward Hotspot operators for their network-providing services and validating transactions.
- Data Credits: HNT can be converted into Data Credits which are used to pay data transfer fees within the network.
- Governance: Users who hold HNTs can take part in decision-making processes for the network’s future developments and changes.
- Network security: The token economy secures the network by incentivizing the users who are honest and want to engage on the platform.
Tokenomics Of HNT
Here are the tokenomics of HNT:
- Maximum supply: 223 million HNT
- Total supply: 223 million
- Current supply: 156 million HNT
- Halving: The token emission rates get halved every 2 years just like Bitcoin
- Burning: HNT is burned to create scarcity and data credits
- Market cap: $1,305,989,102
- 24 hour trading volume: $15,042,998
Price Prediction Of Helium (HNT) From 2024-2030
Here are the price predictions for Helium ( HNT ) from 2024-2030. Keep in mind that these predictions are not definite, they are just assumptions based on market analysis, market conditions and much more. The cryptocurrency market is highly volatile meaning the prices can change anytime. So take a look at these price predictions and plan out your investments accordingly. Do not depend on these for investment decisions.
Price Prediction Of HNT From 2024-2025
| Year | Yearly low | Yearly high |
| 2024 | $7.11 | $8.47 |
| 2025 | $7.58 | $15.44 |
| 2026 | $6.86 | $11.82 |
| 2027 | $6.71 | $7.05 |
| 2028 | $6.76 | $8.24 |
| 2029 | $7.60 | $58.62 |
| 2030 | $2.21 | $34.84 |
Price Prediction For Helium 2025
- The price of Helium in 2025 could be as low as $7.85 and could hit a high of $15.44 with a gain of 100.69%.
Price Prediction For Helium 2030
- The prediction of Helium 2023 prices would be between $2.21 to a high of $34.84 with a gain of 325.47%.
How To Buy Helium ( HNT )?
If you want to buy Helium HNT then just follow these steps:
- Search and choose an exchange platform. HNTs are listed on many major exchanges so you can easily find good options. Look out for fees, and user interface and make sure it can be used in your region without any issues.
- Then sign up and create an account on the exchange platform. Add all your required personal information and complete all the verification processes like KYC or more.
- Add funds to your account. Many exchanges do not allow direct purchase of HNTs so you will have to get a major cryptocurrency first like Ethereum or Bitcoin, and then use them to swap it with your tokens.
- Once you have bought major cryptocurreny, navigate to the trading pair section on the exchange platform and search for HNT trading pairs. After finding the pair you want swap the cryptocurrencies for HNt tokens and place an order.
- Once the purchase is complete transfer your HNT tokens to a safer crypto wallet. Hardware wallets are considered safest or you can also move them to a helium wallet.
Where To Buy Helium (HNT)?
Here are some exchanges through which you can buy Helium ( HNT ) tokens:
- Gate.io
- BingX
- Bitget
- Kucoin
- Kraken
- Raydium
- Gemini
- CoinEx
- Bitunix
Should You Invest In Helium?
Over the past 30 days, helium has had 14/30 green days which is seen as okay According to the analysis and data, it is currency profitable to invest in it. The price of Helium has increased by 445.62% in the last 12 months. So, if you wish to invest in this then do your research and make a proper plan. Do not rely on these predictions as the cryptocurrency market can change over time.
