{"id":565016,"date":"2023-12-12T12:00:14","date_gmt":"2023-12-12T12:00:14","guid":{"rendered":"https:\/\/ktsl888.com\/?p=565016"},"modified":"2023-12-12T12:33:18","modified_gmt":"2023-12-12T12:33:18","slug":"helium-token-balloons-to-85-for-a-yearly-high-what-drove-the-price-up","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/helium-token-balloons-to-85-for-a-yearly-high-what-drove-the-price-up\/","title":{"rendered":"Helium Token Balloons To 85% For A Yearly High – What Drove The Price Up"},"content":{"rendered":"

After rising sharply from the $2.00 bottom, Helium (HNT) demonstrated a strong upswing that further fueled the market’s positive attitude and increased the momentum of the advance.<\/p>\n

This week has witnessed bull action for the Solana-based Helium Network’s HNT coin, which has seen a 70% weekly rise to $4.86.<\/p>\n

Based on the most recent data, HNT, which has a market cap of about $700 million and an amazing $10 billion in trading volume as of press time, quietly touched a yearly high of $5.12<\/a> over the weekend after seeing a commanding 85% price spike in only seven days.<\/p>\n

Related Reading: Hold Your Horses: Bitcoin Could Fall Back To Under $38,000, These Analysts Say<\/a><\/div>\n

Helium Climbs To Yearly High<\/strong><\/h2>\n

\"\"<\/p>\n

HNT price action today. Source: Coingecko<\/a><\/pre>\n
Buyers demonstrated an upswing and were able to keep the price above both EMAs. The 200-day EMA, which shows strength in the most recent bull run, is about to cross paths with the 50-day EMA for helium. In the event that the crossing takes place, prices may reach new swing highs.<\/p>\n
The price of helium has been more volatile this week due to a divergence in the Bollinger Bands. Indicating bull domination throughout the course of the week on the price of helium, HNT’s relative strength indicator is above its average line in the overbought area.<\/p>\n
\"HNT\"<\/p>\n
HNT price prediction for December. Source: Coincodex.<\/a><\/pre>\n
HNT was up from $2.73 to $5.78 in the first week of December, signifying a 70% increase in price. Just this past month, the token has increased by over 190%.<\/p>\n
The most recent estimate for the price of Helium is that it may reach $5.75 this month, according to Coincodex.<\/a><\/p>\n
For a network that has primarily dealt with bad press regarding its product and the transition from its proprietary blockchain to Solana, this price performance marks a turnaround.<\/p>\n
<\/p>\n
HNTUSD trading at $5.31 today. Chart: TradingView.com<\/a><\/pre>\n
HNT Among Top Crypto Performers<\/strong><\/h2>\n
In the cryptocurrency market, Helium, a decentralized network that launched in 2019, has made significant progress. It is now among the best performers. Concurrent with this price increase is Solana (SOL), which has risen by over 50% over the past 30 days.<\/p>\n
On November 12, 2021, HNT reached its highest point at $55.15. On the other hand, it fell to an all-time low of $0.200 on May 29, 2020.<\/p>\n
Related Reading: Avalanche Rules Top 10 Ranking With 61% Weekly Gain \u2013 Here\u2019s The Scoop<\/a><\/div>\n
The lowest recorded price since the all-time high was $1.16, and the highest was $5.75. The Fear & Greed Index shows a score of 72 (Greed), and the current consensus for Helium’s price prediction is positive.<\/p>\n
Meanwhile, analysts say the $20 monthly phone plan from Helium Mobile, which gives customers unlimited data, voice, and text, is mostly the impetus for HNT’s price increase.<\/p>\n
According to a recent survey, the average American spends about $150 a month on phone plans alone. Helium’s newest connectivity service is expected to provide a more affordable option than traditional service providers.<\/p>\n
Featured image from Pixabay<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
After rising sharply from the $2.00 bottom, Helium (HNT) demonstrated a strong upswing that further fueled the market’s positive attitude and increased the momentum of the advance. This week has witnessed bull action for the Solana-based Helium Network’s HNT coin, which has seen a 70% weekly rise to $4.86. Based on the most recent data, HNT, which has a market cap of about $700 million and an amazing $10 billion in trading volume as of press time, quietly touched a yearly high of $5.12 over the weekend after seeing a commanding 85% price spike in only seven days. Related Reading: Hold Your Horses: Bitcoin Could Fall Back To Under $38,000, These Analysts Say Helium Climbs To Yearly High HNT price action today. Source: Coingecko Buyers demonstrated an upswing and were able to keep the price above both EMAs. The 200-day EMA, which shows strength in the most recent bull run, is about to cross paths with the 50-day EMA for helium. In the event that the crossing takes place, prices may reach new swing highs. The price of helium has been more volatile this week due to a divergence in the Bollinger Bands. Indicating bull domination throughout the course of the week on the price of helium, HNT’s relative strength indicator is above its average line in the overbought area. HNT price prediction for December. Source: Coincodex. HNT was up from $2.73 to $5.78 in the first week of December, signifying a 70% increase in price. Just this past month, the token has increased by over 190%. The most recent estimate for the price of Helium is that it may reach $5.75 this month, according to Coincodex. For a network that has primarily dealt with bad press regarding its product and the transition from its proprietary blockchain to Solana, this price performance marks a turnaround. HNTUSD trading at $5.31 today. Chart: TradingView.com HNT Among Top Crypto Performers In the cryptocurrency market, Helium, a decentralized network that launched in 2019, has made significant progress. It is now among the best performers. Concurrent with this price increase is Solana (SOL), which has risen by over 50% over the past 30 days. On November 12, 2021, HNT reached its highest point at $55.15. On the other hand, it fell to an all-time low of $0.200 on May 29, 2020. Related Reading: Avalanche Rules Top 10 Ranking With 61% Weekly Gain \u2013 Here\u2019s The Scoop The lowest recorded price since the all-time high was $1.16, and the highest was $5.75. The Fear & Greed Index shows a score of 72 (Greed), and the current consensus for Helium’s price prediction is positive. Meanwhile, analysts say the $20 monthly phone plan from Helium Mobile, which gives customers unlimited data, voice, and text, is mostly the impetus for HNT’s price increase. According to a recent survey, the average American spends about $150 a month on phone plans alone. Helium’s newest connectivity service is expected to provide a more affordable option than traditional service providers. Featured image from Pixabay<\/p>\n","protected":false},"author":557,"featured_media":565033,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,6664,10818,86754,83626],"class_list":["post-565016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-crypto","tag-helium","tag-hnt","tag-solana"],"acf":[],"yoast_head":"\nHelium Token Balloons To 85% For A Yearly High<\/title>\n<meta name=\"description\" content=\"After rising sharply from the $2.00 bottom, Helium (HNT) demonstrated a strong upswing that further fueled the market's positive attitude and increased\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/ktsl888.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Helium Token Balloons To 85% For A Yearly High – What Drove The Price Up","url":"http:\/\/ktsl888.com\/news\/helium-token-balloons-to-85-for-a-yearly-high-what-drove-the-price-up\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/helium-token-balloons-to-85-for-a-yearly-high-what-drove-the-price-up\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/12\/a-75.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/12\/a-75.png?fit=885%2C587"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","crypto","helium","hnt","solana"],"dateCreated":"2023-12-12T12:00:14Z","datePublished":"2023-12-12T12:00:14Z","dateModified":"2023-12-12T12:33:18Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Helium Token Balloons To 85% For A Yearly High – What Drove The Price Up\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/helium-token-balloons-to-85-for-a-yearly-high-what-drove-the-price-up\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/helium-token-balloons-to-85-for-a-yearly-high-what-drove-the-price-up\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/a-75.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/a-75.png?fit=885%2C587\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"crypto\",\"helium\",\"hnt\",\"solana\"],\"dateCreated\":\"2023-12-12T12:00:14Z\",\"datePublished\":\"2023-12-12T12:00:14Z\",\"dateModified\":\"2023-12-12T12:33:18Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/12\/a-75.png?fit=885%2C587","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/565016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=565016"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/565016\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/565033"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=565016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=565016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=565016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}