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Helium (HNT) is the 132nd largest cryptocurrency in the world by market cap, valued at $406,597,089. The current price of Helium is $2.955, which is 3.940% higher than yesterday. Prices have ranged between $3.01 and $2.78 over the past 24 hours. All prices are listed in US dollars and accurate as of February 03, 2023 09:02 UTC.
Helium is a decentralized, blockchain-powered network that allows low-powered wireless devices to communicate with each other according to Morioh. One of the co-founders, Shawn Fanning, is known for developing Napster, a peer to peer mainstream music sharing service.
You can earn HNT tokens by hosting a “Hotspot” which is a hardware for providing network coverage for Internet of Things (IoT) devices and sending the data to the Internet. As a Hotspot host you will provide coverage to devices such as pet trackers, motion detectors and temperature sensors that form part of security systems, smart thermostats, e-bikes and scooters. According to the website, running a Hotspot will only use a small amount of power of roughly 5W, which is less than a standard LED light bulb.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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