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TürkçeHelium Mobile Information
Helium Mobile is redefining connectivity by leveraging a decentralized network to provide affordable mobile services. By incentivizing users to share their bandwidth, it creates a more expansive and resilient ecosystem for data transmission. This innovative approach not only enhances user experience but also promotes a community-driven model for the future of mobile communications.
Exploring Helium Mobile: A New Frontier in Cryptocurrency
Helium Mobile is an intriguing addition to the cryptocurrency landscape, known for its focus on decentralized wireless networks. Launched as a part of the Helium ecosystem, it aims to facilitate better connectivity in the IoT (Internet of Things) space through a novel incentive model. This article explores the essential features, advantages, drawbacks, historical performance, and future prospects of Helium Mobile.
A Brief History of Helium Mobile
Helium Mobile was introduced to expand the Helium network's capabilities, enabling users to earn rewards for providing mobile connectivity through decentralized hotspots. The coin's journey began with a significant price momentum, peaking at an all-time high (ATH) of $0.00777336 on December 19, 2023. Since then, like many cryptocurrencies, it has seen a decline of approximately 88.6% from its ATH. The current market dynamics showcase a circulating supply of about 101 billion coins out of a total supply of 230 billion, indicating the potential for growth as the technology and platform evolve.
Advantages of Helium Mobile
One of the primary advantages of Helium Mobile lies in its innovative approach to incentivizing users. By participating in the network, individuals can earn rewards for establishing a mobile connection, thus promoting a community-driven model. The coin supports the expansion of decentralized networks, which could provide greater accessibility and lower costs in the long run. Furthermore, Helium Mobile is part of the broader Helium ecosystem, which has already established a strong reputation in the market with its successful deployment of LoRaWAN-based networks for IoT devices.
Drawbacks to Consider
While there are notable benefits, Helium Mobile is not without its challenges. The volatility inherent in cryptocurrency markets can hinder long-term investment stability. The significant drop from its ATH raises questions about market confidence and potential regulatory scrutiny in the telecom sector. Additionally, the current low trading price of approximately $0.0008874 may deter new investors from entering the market, limiting the network's growth and adoption potential.
Market Performance and Current Position
As of the last update on October 24, 2024, Helium Mobile is trading at $0.0008874, with a market cap of around $89.6 million. Daily trading volumes stand at approximately $1.97 million, reflecting moderate engagement in the market. The coin's performance over the past 24 hours indicates a slight increase of 0.87%, suggesting some level of activity and interest. However, the market cap change of nearly 0.95% signals that the coin is still navigating through complex market conditions.
Future Outlook
The future prospects for Helium Mobile largely rely on the continued growth of its underlying technology and the increasing demand for decentralized connectivity solutions. As more devices become interconnected, Helium Mobile could carve out a substantial niche in the IoT market. If the project successfully attracts a larger user base and enhances its value proposition, there is potential for recovery in market value. However, this will depend on the overall stability of the cryptocurrency market and the project's ability to innovate and adapt to new challenges.
Conclusion
In summary, Helium Mobile presents a compelling case for investment in the realm of decentralized wireless networks. While there are both advantages and disadvantages, the potential for growth in the IoT space positions the coin as an interesting option for those looking to diversify their cryptocurrency portfolio. As with any investment, prospective buyers should conduct thorough research and consider the risks associated with market volatility.
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from price
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General Information |
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Title
Helium Mobile
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Symbol
mobile
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Whitepaper
-
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Website
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Community
-
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Last Updated
2024-12-04 23:56
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Price Data |
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Current Price $
0.00137411
$
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High 24h
0.00151722
$
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Low 24h
0.00133568
$
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Price Change 24h
-0.00012509260098459
$
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Price Change % 24h
-8.34394
%
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Market Data |
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Market Cap
143194791
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Total Volume
23705873
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Market Cap Change 24h
-13010655.124016
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Market Cap Change % 24h
-8.32919
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
104209080601.49
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Total Supply
230000000000
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Max Supply
-
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Historical Data |
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All Time High (ATH)
0.00777336
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ATH Change %
-82.55917
%
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ATH Date
2023-12-19 06:39
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All Time Low (ATL)
7.624E-5
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ATL Change %
1678.1544
%
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ATL Date
2023-10-21 19:54
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