Helium is a blockchain-based decentralized network for IoT devices. The platform has its own cryptocurrency, HNT. It serves as a reward for the owners of nodes. The Helium network aims to improve supply chain logistics in the construction and infrastructure sectors.
Let’s take a closer look at the HNT cryptocurrency. According to CoinMarketCap data (as of 11/08/2021):
- HNT price: $17.79
- Market capitalization: $1,696,288,733
- Volume (24h): $134,696,875
- Circulating supply: 95,352,586.54 HNT
- Total supply: 223,000,000 HNT
- 24 Hour High: $19.54
- 24 Hour Low: $14.07
Three developers Shawn Fanning, Amir Haleem, and Sean Carey decided to create the Helium decentralized network in 2013. Their goal was to simplify the development of connected devices. However, the mainnet was launched in July 2019. Until now, the developers have managed to introduce a lot of new products into this project, which continues to develop further. Here you can take a look at the Helium Roadmap with plans for the second half of 2021.
The project roadmap is split into several blocks and affects Validators, Proof-of-Coverage, Blockchain, Hotspots, Helium Wallet, Tabs/Mappers, Light Hotspot, Console, Blockchain Applications, and Wireless Protocols changes.
The development team tries constantly improve the project and keep up with time.
Crypto community about HNT
There are many crypto enthusiasts who love the Helium project, make positive price predictions for its future, and invest in HNT.
Other crypto enthusiasts believe that the HNT coin is showing not very positive price jumps so far.
HNT price prediction 2021
According to information provided by TradingBeasts, the HNT price prediction 2021 is as follows (as of 11/08/2021):
Minimum HNT price for 2021: $12.55
Maximum HNT price for 2021: $18.656
Average HNT price for 2021: $14.863
Year-end HNT price predictions 2021:
Minimum expected: $12.686
Maximum expected: $18.656
Average expected: $14.925
Based on the data from the WalletInvestor service, we can see the following HNT price prediction 2021 (as of 11/08/2021):
Minimum HNT price for 2021: $11.376
Maximum HNT price for 2021: $24.477
Average HNT price for 2021: $17.945
Year-end HNT price predictions 2021:
Minimum expected: $14.916
Maximum expected: $24.477
Average expected: $19.902
Referring to the information of the DigitalCoinPrice service, we get the following HNT price prediction 2021 (as of 11/08/2021):
Average HNT price 2021: $27.26
Average year-end HNT price expected: $29.51
HNT price prediction 2025
Analysts at WalletInvestor suggest that at the beginning of 2025, the maximum price for one HNT coin could be approximately $73-74. By the end of 2025, the maximum HNT price could range from $88 to $90.
HNT price prediction 2030
Experts from CryptocurrencyPricePrediction.com believe that the price of the HNT coin could be $550 in early 2030, and could reach $721 by the end of 2030.
Historical HNT price analysis
All Time High: $23.01 (May 28, 2021)
All Time Low: $0.2534 (Jun 10, 2020)
The price of the HNT coin started at $0.25. The price of the coin began to rise and reached a little over $1 in August 2020. Since February 2021, the price of HNT began its steady growth and reached $18. Then the price ranged from $18 to $12 for the HNT coin. HNT reached its all-time high of $23 on May 28, 2021. Then the price gradually dropped to $10 and began to rise again. Then it dropped to $9. On August 10, 2021, the price of HNT reached $18.5 due to the fact that the crypto fund of the venture capital giant Andreessen Horowitz, together with Alameda Research, Ribbit Capital, 10T Holdings and Multicoin Capital, invested $111 million in the Helium project.
The ambitions of the Helium team have already attracted many strategic investors and developers. Let’s follow the development of this project together because there are a lot of new products in the future to come.
SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.