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Helium Price Prediction 2022-2031: Is HNT a Good Investment?

helium price

Downtime due to blockchain traffic is a common issue among exchanges and networks The Solana network was plagued with failed transactions as developers worked on resiliency. The price of Solana is dropping following news that the network has suffered an extended downtime now stretching up to ten hours. How about other cryptocurrencies, how are they faring?

Take, for instance, Helium. Binary beer recently collaborated with the Helium ecosystem. The collaboration will help craft beer brewers accurately track and monitor inventory to enable digital transformation across the beer industry. Also, the Helium ecosystem released a new DAO called HIP 51. This would enable any network to join the Helium ecosystem alongside IoT devices and also unlock a whole new world of utility in the Helium network. 

https://mobile.twitter.com/helium/status/1531726780209299456

Let’s review the Helium cryptocurrency market, long- and short-term investments, and the possible future price destination. Following the situation makes us curious about how Helium will react to the market fluctuations and downtimes. 

Today’s Helium price is $8.63 with a 24-hour trading volume of $24,953,779. Helium is down 7.64% in the last 24 hours. The current CoinMarketCap ranking is #52, with a live market cap of $1,026,026,895. It has a circulating supply of 118,885,130 HNT coins and a max. supply of 223,000,000 HNT coins.

Also Read:
• How To Mine Helium: Basic Guide

Investing in Helium, you may have experienced price fluctuations over time. You have to be keen on the next Helium price, which is essential for a profitable investment. We’ll give you detailed Helium price predictions in addition to your research, so you can plan your investments properly, as investments in the early stages pay off. Before we go into the full Helium price predictions, let’s explore more about Helium.

What is Helium?

Helium, also known as Helium Network (HNT), was launched in July 2019. It’s a fast-growing decentralized blockchain that allows peer-to-peer WiFi access to IoT devices using limited internet power demand—for example, tracking electronic bikes and wearables. 

Helium blockchain consists of different hotspots launched on the market that gives the public network coverage and compensates with HNT in return. Unlike the usual WiFi hotspots with little coverage reach and depend on a close distance between gadgets, Helium token is different. 

Helium cryptocurrency provides a better viable alternative to internet access. It doesn’t matter if you’re kilometers away. With the Helium LongFi protocol and the global united network, you’ll have stable internet access. What this means is that you can connect wirelessly from anywhere in the world. The Helium hotspot uses PoC to confirm a device’s location, as it transfers data and protects the network infrastructure. Subsequently, the operators get rewarded with Helium cryptocurrency. The Helium coin has two primary uses:

  • For mining benefits: Operators of the hotspot receive HNTs for providing, validating, and maintaining coverage and transfer of device data. The reward is calculated on the volume of data transferred and the quality of coverage.
  • For generating data credits: The data credits gotten from HNTs can serve as payment for services like data transmission and transaction charges. 

Helium Overview

Helium Overview
CoinSymbolPriceMarketcapChangeLast 24hSupplyVolume (24h)
helium
Helium
HNT
HNT$ 4.53$ 584.42 M1.38%128.84 M$ 21.62 M

Features of the Helium Network

Before Helium’s network performs seamlessly, some components contribute to this flawless performance. Let’s have a look.

Proof-of-Location

This feature is used to successfully interpret a device’s location without any power-draining or expensive satellite install; the digital currency network uses a wireless high-speed internet service. The devices can give an accurate and secure representation of location, and the blockchain records it.

Proof-of-Coverage

Helium uses the PoC to confirm that a device’s location is accurate and it’s truthfully giving a precise location for the wireless coverage by the hotspot. With the help of the PoC, both blockchain and Helium’s network can use the information disbursed to provide evidence beneficial to users of the network and the network itself.

WHIP

WHIP is a wireless high-speed internet service designed for low-power devices over a large area. It uses chips from different manufacturers with no proprietary technology or required modulation schemes.

Helium’s network consensus protocol

The consensus protocol operates on specific mechanisms. Hotspots operating within Helium’s network specifications and consensus rules have full permission to freely participate in Helium’s network.

Another characteristic is no incentive to leverage factors like cheap energy cost or extra hardware around the exact geographical location.

Thirdly, the protocol should endure Byzantine breakdowns to reach consensus so far; some users are honest. Due to this, Helium’s network uses HoneyBadgerBFT.

Also, there should be a high rate of approved transactions per second, and hotspots should lack the censoring ability and should not select or deselect transactions in the block.

Helium Decentralized Wire Network (DWN)

This function supplies wireless internet connection to devices using different independent miners. It indicates which network and WHIP specifications the users on the network follow. Routers pay the various miners for internet coverage. Subsequently, these miners get tokens for network coverage and data transmission to the internet.

Now, we covered the basics of Helium. Let’s go through the Helium predictions and helium prices in a few years.

Helium Technical Analysis

Helium Price Prediction 2022-2031: Is HNT a Good Investment? 1

Helium (HNT) token currently shows signs of a bullish trend. Its current price is above its 50-day and 100-day Moving Average in its 4-hour chart. Technical indicators point to the buy zone, asking investors to buy. The next few days may see the token move up when it comes to price. At the time of writing, the HNT price is $9.38.

Helium Price Prediction By Authority Sites

Wallet Investor

Wallet Investor forecasts Helium to be a high-risk investment. They predict that HNT will be worth $3.987 in one year. The site also gave a five-year price prediction on Helium and they predicted that Helium will decline in value by 97% by that time, making it a bad investment.

Trading Beasts

Trading Beast doesn’t see HNT as a good one-year investment. However, they predict that the coin will have a minimum price of $ 8.44358 and a maximum price of $12.41703 in 2022. By the first three months of 2023, HNT is expected to experience a rocky start, as the coin is expected to dip by 5%. The coin is predicted to regain its bullish momentum and close the year with a minimum price of $ 9.62416 and a maximum price of $14.15318.

In 2024. HNT is forecasted to have a maximum price of $21.00568 and a minimum price of $ 14.28386. By 2025, HNT is expected to increase by 121.86%. Again its maximum price is predicted to be $25.37562 and its minimum price would be $17.25542

PricePrediction.net

PricePrediction.net predicts that HNT will be a good investment. According to their forecast, HNT is expected to have a maximum price of $13.76 and a minimum price of $11.56 by 2022. By 2027, HNT is predicted to have a minimum price of $83.00 and a maximum price of $95.42. By 2030, HNT is expected to have a minimum price of $256.22 and a maximum price of $299.67.

Cryptopolitan

Helium Price Prediction 2022-2031: Is HNT a Good Investment? 2
Helium Price Prediction 2022-2030
YearMinimum  PriceAverage PriceMaximum Price
2022$10.84$11.64$12.39
2023$11.60$13.24$14.52
2024$10.73$13.06$14.95
2025$15.17$16.96$19.16
2026$14.21$15.87$16.91
2027$16.90$20.80$24.54
2028$25.63$27.94$29.90
2029$34.39$35.62$37.98
2030$38.81$40.35$41.72

Helium Price Prediction 2022

In 2022, we predict that HNT price will be $12.39 at maximum. The coin will have an average trading price of $11.64. In addition, HNT is expected to have an average price of $11.64.

Helium Price Prediction 2023

Our HNT price prediction for 2023 is bullish. Helium can break through the $14.52 barrier and hold the market by the end of 2023. The lowest Helium price will be between $11.60 to $14.52, and the most likely Helium price will be steady at around $13.24 by the end of 2023.

Helium Price Prediction 2024

Helium is predicted to have a minimum price of $10.73 and a maximum price of                 $14.95. We also predict that the coin will have an average price of $13.06.

Helium Price Prediction 2025

We predict that Helium will continue increasing in 2025. If there are innovations, developments, and partnerships in the Helium, HNT could have a maximum price of $19.16 and a minimum of $15.17. The token is expected to have an average price of $16.96.

Helium Price Prediction 2026

In 2026, HNT will experience tremendous growth, as it has the potential to achieve new highs in terms of price points and market cap. Helium’s price is expected to surpass $16.91 in 2026. We forecast that Helium will reach the maximum price of $16.91 and the minimum price is expected to be around $14.21 in the next five years from 2026.

Helium Price Prediction 2027

In 2027, we expect HNT to cross a price level of $20.80 in 2027. Meanwhile, Helium is expected to reach a minimum price of $16.90 this year. The maximum price may reach $24.54.

Helium Price Prediction 2028

In 2028, we expect Helium (HNT) to have a minimum price of $25.63 and a maximum price of $29.90. In addition, the coin is predicted to have an average price of $27.94.

Helium Price Prediction 2029

In 2029, Helium’s price is expected to cross the $35.62 average price level. By the end of 2029, Helium’s minimum price is expected to be $34.39. Additionally, HNT can reach a maximum price level of $37.98. At the end of 2029, Helium will have an average price of $37.98.

Helium Price Prediction 2030

Helium price is estimated to reach $38.81 by 2030, at minimum. With an average trading price of $40.35 throughout 2030, Helium’s value could come to $41.72 at its highest. The specialists expect the maximum price to be trading around $40.35.

Helium Price Prediction By Industry Experts

Helium Mining is the most profitable way to mine cryptocurrencies now, and HNT is the fastest-growing 5G network. However, popular crypto influencer and YouTuber VoskCoin is bullish on HNT, and he predicted the coin will increase x5 of its current value in the future.

Conclusion

The Helium network will increase in adoption as it is currently the fastest-growing 5G network in the world today. With more adoption, we will see a rise in its value in the future. Before you invest in this token is highly necessary to do your own research.

The Burn and Mint equilibrium (BME) of HNT won’t truly kick in until mass adoption and massive IoT activity on the network, correct. However, the beauty of BME token models is that HNT can essentially “float” without being directly tied to usage, which keeps the network affordable to IoT vendors. If the tech works as intended and companies and consumers adopt the network, it could go up a lot if it fizzles out or gets acquired somehow, not looking good. Hard to project the price.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

FAQs

Can Helium (HNT) reach $1000?

Yes, it is possible that Helium can reach $1000 but only in the distant future, after 2030

Is Helium a good investment?

Yes, indeed. Based on our HNT token forecast data, investing in Helium might be profitable. But it is highly recommended to do your research before investing in any cryptocurrency

How does the Helium Miner work?

Here is a video of the Helium Network and the Helium Hotspot miners⌚ Timestamps: 00:00 - Intro 00:32 - Overview 01:06 - The Helium Network 03:26 - The Hotspot Miners 05:38 - Rewards Structure Breakdown 09:46 - Your HNT Hotspot Placement 12:16 - Will HNT Hotspots Remain Profitable? Halving / Saturation 15:45 - My Thoughts On Helium Network & The New 5G Announcement 16:07 - Which HNT Hotspot Miners Did I Order? 18:14 - Outro

Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

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