Helium coin, also known as HNT, is now becoming one of the most popular cryptocurrencies in terms of returns.
This currency has been able to provide a better rate of return than expected to the individuals who had invested in the same. It comes under the category of Fiat currencies, due to which it is also experiencing a fall in its price.
This fall is due to the recession period the crypto market is going through. Many investors are now thinking about whether they should invest in HNT tokens.
Helium ($HNT) Overview
🪙 Cryptocurrency – Helium
💱 Ticker Symbol – HNT
🏆 Rank – 97
💸 Market Cap – $255,074,343
If you are looking forward to buying some of the HNT tokens and finding some information regarding the same, then, fortunately, you have landed at the right place. Here we will discuss the HNT or Helium tokens in detail.
The price of the HNT token is around 4.5 US dollars and has fallen by 1% or more in the last 24 hours. Investors might find it difficult to know whether this coin is great for investment.
But with the help of market experts, we have made the decision-making process regarding the same even easier. The recession period is the best time for individuals to obtain their favorite assets cheaply.
What Is Helium (HNT) Token?
Let us first get some information regarding the Helium token. This coin was launched during the year 2013. At that time, it was created by Amir Haleem and his team, including Shawn Fanning and Sean Carrey.
They are known to be the most famous trio in the entire crypto market, as they have investors in the HNT token. They had one main objective, and it was to establish the first peer-to-peer network, which is decentralized. Fortunately, they used Blockchain technology to show their idea to the investors.
So, they utilized Blockchain technology for their best and the investors’ benefit. They also used the technology of Internet of Things devices by combining them with Blockchain technology.
The processing of Nodes helps the individuals reap HNT or Helium tokens, which helps the individuals willing to invest in them. Therefore, this is how the cryptocurrency named Helium or HNT token started, and now it is among the list of top cryptocurrencies all over the world.
Market Price and Analysis
It is time to look at this token’s market price. Currently, an individual can obtain the same for just 4.54 US dollars, and its price fell by 1.19% in the last 24 hours.
In the last 7 days, the price of the currency fell by more than 10%, which makes the investors think about whether they should invest in this coin or not. The market capacity of this coin has crossed 200 million US dollars, and in the last 24 hours, it traded for approximately 1.4 million US dollars in value.
This coin has provided great returns on investment of more than 500%. Therefore, the investors cannot deny that this coin has great potential to increase the investor’s money. But as other cryptocurrencies are also suffering from the recession period.
The all-time low of HNT Token is around 0.254 US dollars. It even crossed the 50 US dollar mark when the market was bullish. This led to more investors knowing about the token, and as a result, they also started investing in the same.
Price Prediction 2023
The market researchers have made a complete analysis of the price charts of this currency. According to the research carried out by them, it can be predicted that the price of an HNT token would reach more than 10 US dollars.
The highest price value it can obtain in 2023 is 11 US dollars. But it should be noted that these are just predictions and are subject to market risk. The lowest price, which it’ll reach by 2023, is around 7 US dollars.
This means that the coin has a high potential to provide good returns to investors who have invested in the same just for a year or so.
|Dec 25, 2022||$1.92||$1.94||$1.88||$1.88||$1,297,915||$255,196,626|
|Dec 24, 2022||$1.91||$1.94||$1.89||$1.92||$2,032,055||$260,617,356|
|Dec 23, 2022||$1.85||$1.93||$1.85||$1.91||$3,214,860||$258,453,241|
|Dec 22, 2022||$2.12||$2.28||$1.85||$1.85||$13,002,515||$250,399,237|
|Dec 21, 2022||$1.60||$2.38||$1.60||$2.12||$18,751,967||$286,638,084|
|Dec 20, 2022||$1.63||$1.69||$1.59||$1.60||$1,353,536||$215,884,262|
|Dec 19, 2022||$1.75||$1.78||$1.62||$1.63||$1,355,391||$218,402,501|
Price Prediction 2025
The year 2025 can be the best year for all who have been waiting for a boom in the crypto market. Many market researchers have predicted that by 2025, most cryptocurrencies will see a boost in their price, which would lead to a bullish phase in the market.
And these currencies also include the Helium or HNT token. By 2025, the price of this token can reach a maximum of 21 US dollars; the lowest it can obtain is somewhere around 18-19 US dollars.
Price Prediction 2030
People have also been looking forward to investing in the HNT tokens for a long time. It has been predicted that by the year 2030 if the market remains unchanged and no other external factors interfere, the HNT token’s price can break its all-time high price.
The market research has predicted that the lowest price the token would reach by 2030 would be 51 US dollars, and the highest it would obtain is 60 US dollars. Therefore, if investors are looking to invest long-term, this coin can be great for them.
How much does it cost to invest in an HNT token?
It is time to look at the cost an individual would have to pay if they want to start investing in the HNT Token.
The current market price of an HNT token is above 4.5 US dollars, and it depends on the number of tokens that an individual wants to buy to know about the total cost.
As the price of this currency is low, individuals have the perfect opportunity to invest in the HNT tokens and obtain a good quantity of the same at lower rates.
How to buy- Step-by-step guide?
Let’s look at the process through which the investors would be able to buy HNT tokens and start investing in the same. The steps are as follows-
- First of all, it is necessary to have a crypto wallet. It is simple to open the same, and it hardly takes a few minutes to open a new crypto wallet. This wallet supports transactions and buying and selling in cryptos.
- The next step is to complete the identity verification process. Here the individual has to provide their Government ID proof so that the platform can verify the same and open the wallet access for them.
- When the account has been activated successfully, the individual has to add funds to the same so they can begin trading.
- After adding the funds through USDT or USDC, the investors can head towards the exchange section and exchange their wallet tokens from the HNT tokens.
Helium or HNT token is the best investment that any crypto investor can make in the present day.
It has the highest return on investment as compared to all the other cryptocurrencies in the market.
According to market research, the HNT token is predicted to cross its all-time high value of 50+ US dollars by 2030.
It is predicted to reach the highest price by that time, somewhere around 61 US dollars. And if the market experiences a few ups at that time, then it can even reach 70 US dollars.
The main reason behind the fall of the HNT token is the market recession. It has been a long time since the market experienced a bullish phase due to which the value of all the fiat currencies has deteriorated.
long time since the market experienced a bullish phase. So, not only HNT tokens, the price of almost all fiat currencies is down.
Harry Aston is a technology writer with a Master’s in Computer Science from MIT. He has over 5 years experience simplifying complex tech topics like AI. His writing makes emerging technologies accessible for mainstream readers. Harry aims to educate people on AI’s potential to improve society.