Helium IOT

IOT Price

What is Helium IOT about?

The Helium Network is a decentralized, blockchain-based wireless infrastructure project that allows individuals and organizations to deploy and operate wireless networks through token incentivisation. It leverages the Solana Blockchain for its foundation. The primary token powering the network is HNT, while IOT and MOBILE tokens are used to facilitate the LoRaWAN and 5G networks, respectively.

What makes Helium IOT unique?

Decentralized Infrastructure: The Helium Network allows for the creation and maintenance of a distributed wireless network by incentivizing participants to contribute resources and share the benefits. Scalable and Secure: The network leverages the Solana Blockchain, which is known for its high scalability, low latency, and robust security. Multi-Use Case Support: The Helium Network supports various use cases, including IoT devices through the LoRaWAN network and high-speed mobile connectivity via the 5G network. Incentivized Participation: The Helium Network employs a token-based system to reward participants and encourage network growth. Proof-of-Coverage (PoC): A unique consensus algorithm employed by the LoRaWAN and 5G subnetworks, which rewards participants for verifying wireless network coverage.

What's next for Helium IOT?

Today, the Helium Network is a rapidly growing decentralized wireless infrastructure with a global footprint. It continues to attract new users, developers, and organizations, paving the way for innovative applications and services. As the network expands, it aims to revolutionize the wireless communication landscape and further democratize access to connectivity

What can Helium IOT be used for?

The IOT token is the Governance token of the LoraWAN IOT Subnetworks, mined by IOT Hotspots through both data transfer proceeds as well as Proof of Coverage.

Where can you buy Helium IOT?

IOT tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Helium IOT is Orca, where the most active trading pair HNT/IOT has a trading volume of $5.92 in the last 24 hours.

What is the daily trading volume of Helium IOT (IOT)?

The trading volume of Helium IOT (IOT) is $8.60 in the last 24 hours, representing a -82.60% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Helium IOT (IOT)?

Helium IOT (IOT) reached an all-time high of $0.003813 and an all-time low of $0.00003904. It’s now trading -98.00% below that peak and 95.10% above its lowest price.

What is the market cap of Helium IOT (IOT)?

Market capitalization of Helium IOT (IOT) is $1,543,172 and is ranked #2688 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of IOT tokens (20 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Helium IOT (IOT)?

The fully diluted valuation (FDV) of Helium IOT (IOT) is $15,238,197. This is a statistical representation of the maximum market cap, assuming total number of 200 Billion ETH tokens are in circulation today.

How does the price performance of Helium IOT compare against its peers?

With a price increase of 6.10% in the last 7 days, Helium IOT (IOT) is underperforming the global cryptocurrency market which is up 9.40%, while underperforming when compared to similar DePIN cryptocurrencies which are up 21.20%.