Real-Time HNT Price Analysis
Helium's current price is $2.26** with a 24-hour trading volume of **$1,626,358. Over the past 24 hours, HNT has:
- Decreased by 0.81%
- Increased by 5.48% over the last 7 days
Key metrics:
- Market Cap: $416,049,792 (Ranked #107)
- Max Supply: 223,000,000 HNT
- Circulating Supply: 184,498,195 HNT
👉 Track HNT price alerts for real-time updates.
What Is Helium (HNT)?
Helium is a blockchain-powered decentralized network designed for low-power IoT (Internet of Things) devices. Its native token, HNT, incentivizes miners who operate network hotspots (wireless gateways) using a unique Proof-of-Coverage (PoC) consensus mechanism.
Core Features:
- LoRaWAN Compatibility: Devices using this wireless protocol can join the network.
- HoneyBadger BFT Protocol: Ensures consensus even with poor connectivity.
- Data Credits (DC): Fixed-value tokens ($0.00001 each) used for network transactions. HNT burned to create DC reduces supply.
Founders & Background
Founded in 2013 by:
- Shawn Fanning (Napster co-founder)
- Amir Haleem (gaming/eSports developer)
- Sean Carey (ad-tech expert)
Tokenomics
- Initial Supply: Zero (no premine)
- Emission Rate: Up to 5M HNT monthly
- Distribution: 66% to miners, 34% to investors/team
- All-Time High: $55.22 (November 2021)
- All-Time Low: $0.2534 (June 2020)
Where to Buy HNT
Top exchanges for trading HNT include:
- Binance
- KuCoin
- Kraken
👉 Secure your HNT with Ledger wallets.
FAQs
What drives Helium’s price volatility?
HNT’s value correlates with broader crypto market trends, particularly Bitcoin’s performance.
How does Proof-of-Coverage work?
Miners earn HNT by validating wireless network coverage via hotspots.
Is Helium a good investment?
While HNT shows potential in IoT, always conduct independent research and assess risk tolerance.
Data updated in real-time. For educational purposes only—not financial advice.