Helium’s coin HNT dipped after a recent rally, but it’s starting to gain again. There has been some positive news around it.
The Helium network unveiled new Hotspots, its 5G ecosystem grew exponentially in a year, GigSky launched the first cell plan, and Dish joined as the first major carrier.
HNT is up 16% so far today. If you want to know what HNT is, can it give you good returns, and the top places to buy HNT, you’ve come to the right place.
Top places to buy HNT now
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What is HNT?
HNT is the token of Helium, a decentralized blockchain-powered network for Internet of Things (IoT) devices. It enables low-powered wireless devices to communicate and transmit data across its network of nodes.
These nodes are called Hotspots, which were mentioned earlier. They are a combination of a blockchain mining device and a wireless gateway.
Helium is most interesting to device owners and people invested in the IoT space. Financial incentives provide further outreach possibilities.
The network allows nodes in a network to reach consensus even with inconsistent connection quality. This is because it runs on a new algorithm called proof-of-coverage, based on the HoneyBadger BFT protocol.
Should I buy HNT today?
HNT can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment. Take all investment advice with a grain of salt.
HNT price prediction
Digital Coin Price predicts Helium will reach $29 by the end of 2022. In 2025, they believe it will have gone all the way up to $40.17.
GOV Capital is even more bullish on HNT long-term. They predict the coin will pass $70 in November this year. In 2027, 1 HNT will be worth a staggering $860.
HNT on social media
— KriptoVerse (@Kripto_V) May 2, 2022