Helium (HNT) Falters 15% As Crypto Market Tries To Bounce Back


By PR1ME at Fri, 11 Oct 2024 18:00:02 +0800 | Cryptocurrency Market News |

Helium (HNT) Falters 15% As Crypto Market Tries To Bounce Back

While Helium Mobile has enjoyed phenomenal success, the network has failed to keep pace, with the general market pulling it down further and with losses being multiplied as the market drops low. According to the latest market data, HNT, the native token of the network, dropped about 15% over the last two weeks which may endanger winnings pocketed in the last month.

However, investors and traders are banking on recent developments that might turn the tide once the market recovers from its pitfall. With these recent developments, gains might be around the horizon although investor sentiment remains shaky at best and bearish at worst. 

Helium-Ameriband Partners To Expand Helium Network 

Helium recently announced that it has partnered with Ameriband, a market leader in Wi-Fi infrastructure in the United States. According to Helium’s recent blog post, the partnership will bring 100,000+ data-only hotspots around the US, expanding the network’s coverage over the country overnight. 

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