Helium (HNT) Recovers With Double-digit Gain, Can Bulls Push to $12?

Despite a strong bullish run in recent months, Helium (HNT) was unable to hold its ground against tether (USDT), with the price falling from an all-time high of $50 to around $5. The recent price increase in Bitcoin (BTC) has had a positive impact on the overall market, as most altcoins continue to show strength, producing more than 100% gains, with Helium (HNT) price also in the picture due to its impressive recovery.

Timeline of Helium

Helium (HNT) has been flushed in green, standing out from all the reds in the crypto space. HNT price bounces back from key support at $3.4 Helium intraday trading volume registers 378% plunge HNT price to sprint past the $5 level Helium price has bounced back from its support key spotted at $3.4, prompting a new rally which can spike past the $5 level.

The Helium Foundation published a proposal on 30 August, that informed users about an important update. The foundation stated the intentions of the Helium core team to migrate to the Solana [SOL] blockchain.

A popular crypto analyst is still bullish on Helium's (HNT) long-term prospects despite the project's recent steep correction. In a new YouTube video, the anonymous host of InvestAnswers tells his 443,000 subscribers that Helium, a decentralized wireless network for the Internet of Things (IoT), is a “picture-perfect use case for blockchain.

Helium's HNT token is in freefall as it has lost roughly 9% of its value in the last 24 hours –the highest over this timeframe– according to CryptoSlate data. The post Helium down 55% in last 30 days as challenges run rife appeared first on CryptoSlate.

Be[in]Crypto takes a look at the five cryptocurrencies that decreased the most last week, more specifically, from Aug 26 to Sept 2. The post Helium (HNT) Sinks to New Yearly Low: Biggest Weekly Losers appeared first on BeInCrypto.

The Helium network, a blockchain-powered wireless system, may soon undergo significant revisions as its key developers consider switching to Solana. The proposal by Helium's core developers to switch from their own blockchain network to Solana's was codenamed “HIP 70.

Be[in]Crypto takes a look at the five cryptocurrencies that decreased the most last week, more specifically, from Aug 19 to 26. The post Helium (HNT) Falls to New Yearly Low: Biggest Weekly Losers appeared first on BeInCrypto.

Helium's founder took to Twitter to address criticism of how it characterized its relationship with two major companies. The post Helium founder downplays criticism that it mischaracterized relationships with Lime, Salesforce appeared first on The Block.

The price of helium (HNT), the native token of Helium, a developer of a "decentralized wireless infrastructure," seems to be moving together with the market despite the recent reports suggesting that the project promoted fake partnerships with two major tech companies who say they are not collaborating with Helium's parent company.

Lime and Salesforce do not have partnerships with Helium, per reports in Mashable and The Verge. The post Lime, Salesforce do not have partnerships with Helium: Mashable, The Verge appeared first on The Block.