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About HNT

Helium (HNT) is a cryptocurrency launched in 2020. HNT has a current supply of 160.88M with 160.88M in circulation. The last known price of HNT is 8.98 USD and is -0.164957358943 over the last 24 hours. It is currently trading on active market(s) with $20.42M traded over the last 24 hours. More information can be found at https://www.helium.com/.

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HNT Price Statistics
HNT’s Price Today
24h Price Change
-$0.1649573589431.80%
24h Volume
$20.42M2.57%
24h Low / 24h High
$1.58 / $1.67
Volume / Market Cap
0.014139489963
Market Dominance
0.06%
Market Rank
#75
HNT Market Cap
Market Cap
$1.44Bn
Fully Diluted Market Cap
$2.00Bn
HNT Price History
7d Low / 7d High
$1.29 / $1.99
All-Time High
$55.22Nov 13, 2021
All-Time Low
$0.25339091Jun 10, 2020
HNT Supply
Circulating Supply
160.88M
Total Supply
160.88M
Max Supply
223.00M
Updated Mar 02, 2024 5:46 pm
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HNT
Helium
$8.98
$0.164957358943(-1.80%)
Mkt Cap $1.44Bn
There's nothing here for now
Solana Leads Token Price Gains in 2023, Founders of Bankrupt Crypto Hedge Fund Have Assets Frozen
Solana Leads Token Price Gains in 2023, Founders of Bankrupt Crypto Hedge Fund Have Assets Frozen
According to CoinDesk, layer-1 blockchain Solana (SOL) led the way in 2023 in terms of token price gains, with other altcoins Avalanche (AVAX), Stacks (STX), and Helium’s (HNT) following closely behind. Solana has risen over 700% since the start of the year, while HNT climbed 500%, mostly due to the company's move into the mobile space. Avalanche's token has increased 300% year-to-date, thanks to several institutional partnerships. Analysts predict that the tokenization of real-world assets will be a booming segment to watch. Chris Newhouse, founder of Infiniti Labs, said the “Decentralized Physical Infrastructure (DePIN) narrative” will continue to be a hot topic, with tokens such as RNDR and HNT recently outperforming the market. DePINs use cryptocurrency tokens to incentivize the building of real-world infrastructure. In other news, more than $1 billion in assets belonging to the founders of the bankrupt crypto hedge fund Three Arrows Capital (3AC) have been frozen by a British Virgin Islands court, according to the firm's liquidators, Teneo Restructuring. The worldwide court order applies to founders Su Zhu and Kyle Davies, as well as Davies' wife, Kelly Chen. 3AC filed for Chapter 15 bankruptcy in July last year after the collapse of stablecoin issuer Terra caused irrecoverable losses. Teneo has been seeking $1.3 billion and included Chen in the order to maximize returns to creditors, whose claims total more than $3 billion. Zhu, jailed for four months in Singapore for failing to help wind up 3AC, is expected to be released this month for good behavior.
Dec 21, 2023 9:11 pm

Frequently Asked Questions

  • What Is Helium (HNT)?

    Helium (HNT) is a decentralized blockchain-powered network for 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.

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  • Who Are The Founders Of Helium?

    Helium’s three co-founders Amir Haleem, Shawn Fanning and Sean Carey started the company in 2013.

    Haleem has an active eSports and game development background. Fanning, by contrast, is well known for developing Napster, the music sharing service which was one of the first mainstream peer-to-peer (P2P) internet services in the late 1990s.

    Carey meanwhile held multiple development roles prior to Helium, which included advertising optimization firm Where, acquired by PayPal.

    Helium’s team now consists of members which the company says have experience in “radio and hardware, manufacturing, distributed systems, peer-to-peer and blockchain technologies.”

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  • What Makes Helium Unique?

    Helium aims to improve the communication capabilities of wireless Internet of Things (IoT) devices. In 2013, infrastructure around IoT was still in its infancy, but developers wanted to add decentralization to their offering, hence referring to it as “The People’s Network” in official literature.

    Its core appeal will be to device owners and those interested in the IoT space, with financial incentives providing further outreach possibilities.

    Network participants purchase Hotspots — a combination of a wireless gateway and a miner — or build their own. Each hotspot provides network coverage over a certain radius, and also mines Helium’s native token, HNT.

    The network runs on proof-of-coverage, a new consensus algorithm based on the HoneyBadger BFT protocol which allows nodes in a network to reach consensus when connection quality is highly variable.

    In addition to HNT, users pay transaction fees in a separate token called Data Credits, which are not exchangeable and tied to individual users themselves.

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  • How Many Helium (HNT) Coins Are There in Circulation?

    Approximate mining periods of 30 to 60 minutes unlock rewards which are distributed according to a changing growth plan.

    Helium explains that at the start, node owners will accrue more HNT for building out network infrastructure, while later on, it will be more advantageous to transfer device data. This adjustment mechanism for token distribution is expected to last for around 20 years.

    As of the start of October 2020, there are 48,712,218 HNT in circulation. When the token launched, the supply was zero, with no premine.

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  • How Is the Helium Network Secured?

    Helium uses a bespoke consensus mechanism called proof-of-coverage (PoC) which rewards users for contributing to mining (validating transactions) and ensuring stability.

    PoC is based on the HoneyBadger BFT protocol, which is specifically designed for node communication when conditions are unreliable.

    Helium says that the most likely attack vector impacts node operators in the form of inbound ports of Hotspots. For token holders, the platform’s own wallet uses asymmetric keys to help users with private key security.

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  • Where Can You Buy Helium (HNT)?

    HNT is a tradable token spreading across major exchanges as of October 2020. Major pairs are active on Binance , and include USD and stablecoins such as Tether (USDT). New to crypto? Check out our easy guide to buying Bitcoin (BTC) or any other cryptocurrency.

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  • What is the all-time high price of Helium (HNT)?

    The all-time high of HNT was 55.22 USD on 2021-11-13, from which the coin is now down 83.73777616805505%. The all-time high price of Helium (HNT) is 55.22. The current price of HNT is down 83.73777616805505% from its all-time high.

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  • How much Helium (HNT) is there in circulation?

    As of , there is currently 160.88M HNT in circulation. HNT has a maximum supply of 223.00M.

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  • What is the market cap of Helium (HNT)?

    The current market cap of HNT is 1.44Bn. It is calculated by multiplying the current supply of HNT by its real-time market price of 8.98.

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  • What is the all-time low price of Helium (HNT)?

    The all-time low of HNT was 0.25339091 , from which the coin is now up 3443.9313904354344%. The all-time low price of Helium (HNT) is 0.25339091. The current price of HNT is up 3443.9313904354344% from its all-time low.

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  • Is Helium (HNT) a good investment?

    Helium (HNT) has a market capitalization of $1.44Bn and is ranked #75 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Helium (HNT) price trends and patterns to find the best time to purchase HNT.

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