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Helium Price Prediction 2023-2032: Is HNT a Good Investment?

Helium Price Prediction 2023-2032

Let’s review the Helium crypto market, long- and short-term investments, and the future price destination. Will Helium reach $10?  

How much is HNT worth?

The current price of Helium is $4.08, with a 24-hour trading volume of $35.194 million. Helium is up 44.52% in the last 24 hours. The current CoinMarketCap ranking is #91, with a live market cap of $579.878 million. It has a circulating supply of 143,934,821 HNT coins and a max. supply of 223,000,000 HNT coins. (Statistics At Press Time)

Helium price analysis: Will HNT/ USD go up?

TL; DR Breakdown

  • At press time, HNT was down 87.40% in the last 12 months
  • Helium (HNT) fell by 50% in March 2023 following its delisting on BInance.
  • HNT’s decline has decelerated over the previous two months.

Helium (HNT) fell from $2.5 to $1.16 in March 2023, shedding over half its value after the Binance exchange delisted the coin. Despite the big blow, exchanges like Gate.io supported the Helium team by facilitating their migration to Solana.

Helium price analysis 1-day chart: HNT/ USD momentum drops

At press time, HNT was up 82.40% in the last 12 months and 138.40% over the previous 30 days. 

The MACD indicator shows the coin’s positive price momentum for the last two weeks, with the 14-day relative strength index (RSI) crossing into overbought territory as the coin pumped by over 40% in 24 hours.

Recent News

Helium Mobile announced the launch of its nationwide plan across the United States. This new plan offers unlimited data, text, and talk for just $20 a month, a pricing strategy set to disrupt the current telecom market.

The innovative service is a unique blend of the peer-to-peer Helium Network, built on the Solana blockchain, and a robust nationwide 5G network. This integration not only harnesses the potential of blockchain technology but also optimizes the capabilities of 5G for superior connectivity solutions. 

Following a successful limited trial in Miami, Helium Mobile is set to change the landscape of mobile connectivity. A key feature of the service is the Helium Mobile Hotspots. These devices, available for outdoor ($499) and indoor ($249) settings, allow subscribers to create their own ‘mini cell towers.’ This decentralized network expansion approach aims to eliminate connectivity dead zones, fostering a community-driven network enhancement.

As per the latest data from the Helium Hotspots Map, the network boasts 3,831 active mobile hotspots and 357,087 active hotspots for internet-of-things (IoT) devices, indicating a swift and positive user adoption.

Helium Mobile’s venture into the telecom space with its innovative blockchain and 5G-powered service offers a promising glimpse into the future of telecommunications and IoT connectivity, marking a potential paradigm shift from traditional network models.

Helium Price Prediction 2023 – 2032

Helium Price Prediction by Cryptopolitan

Helium price prediction 2023-2032
YearMinimum Price $Average Price $Maximum Price $
2023$2.89$3.16$3.25
2024$4.25$4.38$5.33
2025$6.08$6.30$7.22
2026$8.47$8.72$10.57
2027$12.23$12.67$14.50
2028$17.07$17.71$20.87
2029$23.86$24.75$29.86
2030$34.72$35.96$41.56
2031$49.94$51.73$61.87
2032$73.10$75.17$87.06

Helium Price Prediction 2023

HNT price prediction 2023 could be a maximum price of $3.25. The minimum price is $2.89, and the average trading price of the coin will be $3.16. 

Helium Price Prediction 2024 

Helium forecast for 2024 is a maximum price of $5.33. The coin’s minimum price will be $4.25 and an average price of $4.38. 

Helium Price Prediction 2025

Helium price forecast for 2025 is a maximum price of $7.22. The coin’s lowest price will be $6.08, and the average trading price of the coin is $6.30. 

Helium Price Prediction 2026

HNT price prediction for 2026 is a maximum of $10.57. The minimum price the coin will have by the end of 2026 will be $8.47, while its average trading price will be $8.72. 

Helium Price Prediction 2027

HNT token price prediction for 2027 is a maximum price of $14.50 with a minimum price of $12.23. We also expect the coin’s average trading price to be $12.67.

Helium Price Prediction 2028

HNT coin price prediction 2028 is a maximum price of $20.87. The minimum price of the coin by 2028 will be $17.07; the average trading price is forecasted to be $17.71.

Helium Price Prediction 2029

HNT price prediction 2029 is a maximum price of $29.86 with an average trading price of $24.75. The coin will have the lowest price at $23.86.

Helium Price Prediction 2030

Helium cryptocurrency prediction for 2030 is a maximum price of $41.56; the coin’s lowest price is $34.72. The average trading price of the coin will be $35.96. 

Helium Price Prediction 2031

Helium’s price prediction for 2031 is a maximum trading price of $61.87, with an average trading price of $51.73. The minimum price of the coin will be $49.94. 

Helium Price Prediction 2032

Helium’s price prediction for 2032 is a maximum trading price of $87.06, with an average trading price of $75.17. The minimum price of the coin will be $73.10. 

Helium price prediction by Walletinvestor

Wallet Investor uses Artificial intelligence (AI) and machine learning to provide the average forecast price of HNT. The AI indicates its past performance index rating as A+; it adds that HNT would make a bad one-year investment. The expected average price will be $0.299. The return on investment (ROI) will be -92.759% in 2024. In 2025, the ROI will be -94.67%; in 2026, it will be -95.778%; in 2027, it will be -96.746%. According to the analysis, the HNT price bearish trend continues over the entire period.

Helium price prediction by CryptoPredictions

The site scans a given coin’s exchange rates and other historical market data and uses these data to provide a future HNT price prediction. Their HNT price forecasts for 2024 are $2.696 in January and $3.137 in December.

In 2025, HNT will trade at an average price of $3.309 in January and $4.785 in December. In 2026, it will sell at an average price of $4.899 in January and $5.976 in December.

Helium price prediction by Digital coin price

Helium cryptocurrency has traded sideways for the last month. Its price will go up to $2.78 in December. It will be on a bullish trend from 2023 to 2032; the maximum value of HNT for the entire period will be $2.12. In 2024 it will trade at a mean price of $3.16. It will reach a maximum price of $3.35 and a minimum of $2.76. In 2025, it will trade at a mean price of $4.60. It will reach a maximum price of $4.69 and a minimum of $3.80. In 2030 it will trade at a mean price of $24.66. It will reach a maximum price of $25.14 and a minimum of $24.21.

Read Also  Ethereum price analysis: ETH drops further, swiftly looks to break $1,000?

Helium Price Predictions by Industry Influencers

Crypto With James YouTube channel’s latest update on HNT suggests that the coin could explode in this bull run. He goes through the coin features and coverage and suggests that the coin would make it to $25 on the condition that it cracked the USA in terms of coverage.

Helium Overview

Helium Price History

In 2021, the Helium Network secured $111 million through a token sale prominently led by the venture capital firm Andreessen Horowitz. This fundraising round also saw significant contributions from various investors, including 10T, Ribbit Capital, Multicoin Capital, and Alameda Research, which has since declared bankruptcy.

Following this achievement, Helium Network further advanced its financial standing in February by raising $200 million in a Series D funding round. This substantial investment valued the project at $1.2 billion and featured prominent backers such as Tiger Global and FTX Ventures.

Helium Network transitioned from its proprietary blockchain to the Solana blockchain in September 2022 to enhance its technological infrastructure. Concurrently, Nova Labs, associated with the Helium project, inked a significant contract with T-Mobile. This agreement aimed to augment Helium’s network coverage, specifically targeting areas lacking coverage.

In the 2021 bull run, HNT rose from $1.4 to its all-time high of $55.22 on November 12, 2021. HNT corrected to $26.03 in December before rising to $41 in January 2022.

In the 2022 crypto winter, HNT started losing value and has not significantly recovered. By December 2022, HNT had dropped to as low as $1.18. At press time, HNT was down 92.66% from its all-time high. In 2023, the coin was bullish in the first and last quarter of the year. In December alone, it managed over 2X gains from the previous month.

Source: https://coinstats.app/coins/helium_hnt/

More about the Helium Network

What is Helium?

Helium, also known as Helium Network (HNT), was launched in July 2019. It’s a fast-growing decentralized blockchain that allows peer-to-peer WiFi access to IoT devices using limited internet power demand—for example, tracking electronic bikes and wearables. 

Helium blockchain consists of hotspots launched on the market that give the public network coverage and compensate with HNT in return. Unlike the usual WiFi hotspots with little coverage reach and depend on a close distance between gadgets, the Helium token is different. 

Helium LongFi protocol for stable internet access

Helium cryptocurrency provides a better viable alternative to internet access. It doesn’t matter if you’re kilometers away. You’ll have stable internet access with the Helium LongFi protocol and the global united network. This means that you can connect wirelessly from anywhere in the world. The Helium hotspot uses PoC to confirm a device’s location, as it transfers data and protects the network infrastructure. Subsequently, the operators get rewarded with Helium cryptocurrency. The Helium coin has two primary uses:

  • For mining benefits: Hotspot operators receive HNTs for providing, validating, and maintaining device data coverage and transfer. The reward is calculated on the volume of data transferred and the quality of coverage.
  • For generating data credits: The data credits from HNTs can serve as payment for services like data transmission and transaction charges. 

Features of the Helium Network

Before Helium’s network performed seamlessly, some components contributed to this flawless performance. Let’s have a look.

Proof-of-Location

This feature successfully interprets a device’s location without power-draining or expensive satellite installation; the digital currency network uses a wireless high-speed internet service. The devices can accurately and securely represent location, and the blockchain records it.

Proof-of-Coverage

Helium uses the PoC to confirm that a device’s location is accurate and is truthfully giving a precise location for the wireless coverage by the hotspot. With the help of the PoC, blockchain, and Helium’s network can use the information disbursed to provide evidence beneficial to network users and the network itself.

WHIP

WHIP is a wireless high-speed internet service designed for low-power devices over a large area. It uses chips from different manufacturers with no proprietary technology or required modulation schemes.

Helium’s network consensus protocol

The consensus protocol operates on specific mechanisms. Hotspots operating within Helium’s network specifications and consensus rules have full permission to participate freely in Helium’s network.

Another characteristic is no incentive to leverage factors like cheap energy costs or extra hardware around the exact location.

Thirdly, the protocol should endure Byzantine breakdowns to reach a consensus; some users are honest. Due to this, Helium’s network uses HoneyBadgerBFT.

Also, there should be a high rate of approved transactions per second, and hotspots should lack the censoring ability and should not select or deselect transactions in the block.

Helium Decentralized Wire Network (DWN)

This function supplies wireless internet connection to devices using different independent miners. It indicates which network and WHIP specifications the users on the network follow. Routers pay the various miners for internet coverage. Subsequently, these miners get tokens for network coverage and data transmission to the internet.

How to Buy Helium (HNT)

  • Go to CoinMarketCap and search for Helium. Tap on the button labeled “Market” near the price chart. In this view, you will see a complete list of places to purchase Helium and the currencies you can use to obtain it.
  • Under “Pairs” you’ll see the shorthand for Helium, HNT, plus a second currency. The second currency is what you can use to purchase Helium. If you’d like to purchase HNT in U.S. Dollar, look for HNT/USD.
  • Pick a platform to make your purchase. Different platforms have different levels of security, reliability, and liquidity. Before creating an account, do your research. Binance offers many options. You can easily buy Helium (HNT) with the lowest fees and highest security anywhere Binance is available. HNT is not available on Coinbase.

Also Read:

Conclusion

According to HNT price predictions, despite conflicting projections for the HNT price, there is general agreement that the coin’s value will rise in the long run. So, it can be considered a good investment if you’re looking for long-term profits.

But remember that forecasts are frequently off, so before buying cryptocurrencies, conduct your research and only invest what you can afford to lose. No matter the predictions, the price of a cryptocurrency might go up and down.

The Helium network is what gives HNT its value. By burning Helium, data credits are created, which are used to pay for utilizing the Helium network. This indicates that Helium becomes rarer and more precious as network use rises.

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FAQs

Can Helium (HNT) reach $50?

Yes, it is possible that Helium can reach $50, but only in the distant future, after 2030.

Is Helium a good investment?

Yes, indeed. Based on our HNT token forecast data, investing in Helium might be profitable. But it is highly recommended to do your research before investing in any cryptocurrency

What is the purpose of Helium (HNT)?

The Helium Network allows low-powered wireless devices to communicate with each other and send data across its network of nodes.

What is the Burn-and-Mint Equilibrium model in Helium (HNT)?

The Helium Network uses a Burn-and-Mint Equilibrium model. HNT is burned out of circulation to use the Network. Data Credits are created by burning HNT and have a fixed USD value.

What are Data Credits in Helium (HNT)?

Data Credits are the only payment accepted to send data over the Helium Network. They allow users to transfer bytes of data via Helium. The price of Data Credits is fixed in USD (1 Data Credit = $0.00001). To acquire Data Credits, network users convert HNT or obtain them from an HNT owner.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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