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News Commentary #1,436 – Helium (HNT) Gains 40% And $111M Fundraise…

A Silver listing platform – Helium (reviewed here) has just provided the latest news on the Helium (HNT) crypto coin. On its basis, the work of investment plans that are offered to investors takes place.

I remind you that you can invest in this platform using a wide range of crypto coins and payment systems, including bank cards, BUT funds are withdrawn only in the Helium coin, which is currently in 65th place of the coinmarketcap (1st page of the list of coins), which cannot but inspire optimism according to the future of the Helium coin itself.

For convenience, we have divided the news into two main parts and, accordingly, into two articles.. in this article, the first of them:

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Helium (HNT) gains 40% after $111M fundraise and 100K active nodes milestone

HNT price hit a 3-month high after the network’s active nodes surpassed 100,000 and the project raised $111 million through a token sale.

Among the more than 11,000 listed cryptocurrencies exist a few projects that offer a revolutionary use case capable of improving the way society operates through the integration of blockchain technology.

One such project is Helium (HNT), a decentralized peer-to-peer 5G wireless network that made headlines on Aug. 10 thanks to the successful completion of a token sale that raised $111 million from multiple investors, including Andreessen Horowitz.

Data from Cointelegraph Markets Pro and TradingView shows that HNT price spiked 30% from a low of $14.03 to an intraday high at $18.14 following the fundraise announcement.

c9d3abcf-7f9e-46d5-94b3-9a97acd8522d.pngHNT/USDT 1-day chart. Source: TradingView

Three reasons behind the growing strength of the Helium network include a continually expanding ecosystem of nodes that provide coverage for the network, new companies and partners that utilize the Helium network to track and store data and the recent issuance halving that the protocol underwent.

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1 thought on “News Commentary #1,436 – Helium (HNT) Gains 40% And $111M Fundraise…

  1. The very next time I read a blog, I hope that it does not disappoint me just as much as this particular one. I mean, Yes, it was my choice to read, nonetheless I truly thought you’d have something helpful to say. All I hear is a bunch of moaning about something you could fix if you were not too busy looking for attention.

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