Could you please elaborate on the matter of HNT coins? I'm particularly interested in understanding the current supply situation. Could you tell me how many HNT coins are still available and in circulation? Is there a limit to the total number of HNT coins that can exist? If so, what is that limit, and how does it affect the value and scarcity of the coin? Additionally, how does the remaining supply of HNT coins factor into its market performance and potential for future growth? I'm keen to gain a deeper understanding of this aspect of the cryptocurrency world. Thank you for your assistance.
7 answers
Valentina
Thu May 30 2024
The token's circulating supply currently stands at 165.3 million units, representing a significant portion of its overall issuance.
SamsungShine
Thu May 30 2024
Helium (HNT) is a cryptocurrency that powers a decentralized wireless network designed specifically for IoT devices.
CryptoVisionary
Thu May 30 2024
This network leverages a unique proof-of-coverage algorithm, which rewards users for setting up and maintaining wireless hotspots.
CryptoLord
Thu May 30 2024
The incentive structure ensures that network coverage is continually expanded, benefiting IoT devices connected to the Helium network.
BusanBeautyBloomingStar
Thu May 30 2024
The token's scarcity, coupled with its utility within the network, drives demand and underpins its value.