Helium (HNT) Price Prediction 2023, 2025, 2030

In today’s article, you discovered all the essentials about the Helium (HNT) to determine whether or not this crypto deserves your attention. Along the way, we’ll look at the Helium price prediction and its potential prospects as a long-term investment. However, regarding the “should you invest in Helium?” question, we leave it up to you to decide.

Before diving into the HNT price prediction and discussing numbers that might get you bored for no reason at all, let’s take a look at Helium’s basic overview, its fundamentals and price history.

Helium (HNT) Overview

What is Helium?

Helium (HNT) is the official currency of the People’s Network, a rapidly expanding wireless network.

Founded in 2013 by Shawn Funning, Amir Haleem and Sean Carey, the project’s goal is to make connecting devices easier. A team of experts with backgrounds in radio, hardware, manufacturing, distributed systems and blockchain technology is working to develop the world’s first peer-to-peer wireless network.

The Helium token (HNT) serves two main purposes in the Helium blockchain ecosystem: supporting the maintenance of Hotspot Hosts and paying network operators. To earn HNTs, users can install a simple device on their computer and provide miles of wireless network coverage for Helium LongFi to numerous devices. In return, they receive HNTs as a reward.

The Helium network enables low-powered wireless devices to communicate by transmitting data through nodes. It utilises a unique proof-of-work model called Proof-of-Coverage, which allows hotspots to consume only 5 watts of energy. Instead of using costly and energy-intensive GPUs, HNT tokens are mined using radio technology. The network operates at a low cost, with contracts costing just pennies per year. Additionally, the network is based on open-source technology and governed by an open alliance.

Since its launch, the Helium project has seen significant adoption as thousands of companies have built on the People’s Network using various solutions, sensors, devices and gateways that can be easily configured to run LongFi, a combination of LoRaWAN and blockchain technologies. Recently, the project was updated to Console 2.0, a web-based tool for managing devices, which allows for registration, verification and management of devices on the Helium network.

Helium Price History

Now let’s take a quick look at the HNT price history. While past performance should never be taken as an indicator of future results, knowing what the crypto has done in the past can give us some much-needed context when it comes to either interpreting a Helium crypto price prediction or making one of our own.

When Helium (HNT) first went to the public in July 2019, its value was approximately $0.27. However, it hit its lowest point at $0.2534 on 10 June 2020. But in August, the sentiment around the token changed, and it exceeded $1 for the first time.

In the first half of 2021, the price of HNT, the native cryptocurrency of the Helium network, experienced a significant increase, reaching a peak of over $15 in April and May. However, following this high, the market trend shifted, and HNT’s price dropped. In November 2021, HNT reached its peak value due to positive developments such as Helium’s partnership with the 5G carrier DISH and a strong overall market trend. However, the coin’s value dropped later in the year due to market downturns caused by concerns surrounding the Omicron variant of COVID-19, ultimately closing the year at $37.86.

In 2022, the crypto market faced challenges, and the Helium Network Token (HNT) was no exception. Despite a strong start to the year, with a high of $45.06 on 5 January 2022 and positive news of a $200 million funding round in February, HNT’s price dropped to $28.31 on 17 February 2022. Market turmoil caused by the de-pegging of the UST stablecoin and the collapse of the associated LUNA cryptocurrency further impacted HNT’s price, causing it to drop to $6.59 on 12 May 2022. Despite some attempts at recovery, HNT’s price remained largely unimpressive and fluctuated around $10 throughout the rest of the year.

The coin struggled to recover, although occasionally trading above $10 in the following months. The news of Binance delisting HNT further impacted the price, which reached $4.47 on 14 October 2022. The market downturn caused by the collapse of the FTX exchange hit HNT hard. Even positive news (such as Pershing Square CEO Bill Ackman’s support) could not prevent a low of $1.59 on 20 December 2022 before a spike to $2.38 on 21 December 2022.

In 2022, the value of HNT faced a significant decline, despite positive developments such as a successful funding round. The delisting of HNT from Binance and the collapse of the FTX exchange further contributed to the coin’s plummeting value, which saw a loss of more than 95% over the year.

Current HNT Price

At the time of writing, HNT is trading at $1.40 with a market capitalization of $201,694,075, ranking #141 amongst all cryptocurrencies by that metric. In the past 24 hours, the price of Helium has decreased by 1.59% with a trading volume of $1,014,270.

What’s next for the crypto? Let’s move on to the Helium coin price prediction.

HNT Price Prediction 2023, 2025, 2030

Below pulls together our latest Helium HNT price prediction for 2023, 2025 and 2030 to give you an idea of how the crypto might perform in the future:

Helium Price Prediction 2023

If the platform welcomes a thriving userbase and a spike in the rate of adoptions and collaborations, Helium might see impressive growth throughout 2023.

As per our Helium price prediction 2023, Helium is expected to reach a possible high of $2.51 by the end of 2023. We forecast a minimum price of $1.63 and an average price of $1.70.

Helium Price Prediction 2025

Helium looks positioned to reach its potential in the coming years. If Helium manages to attract investors and whalestats with its developmental and community-building initiatives, Helium coin might experience a significant increase in 2025.

Based on our Helium price prediction 2025, Helium crypto should be worth at least $4.34 in 2025, and the maximum price could be $5.12. The estimated average price could be $4.66.

Helium Price Prediction 2030

The Helium ecosystem is actively growing with new users and partnerships and may remain viable in the long term. Our Helium price prediction 2030 forecasts that at the very highest, Helium price may go up to $10.96 by 2030. The minimum price could be $10.11, averaging out at $10.45.

In closing, please know the figures are generated using our price prediction tool and in that matter, not a guarantee, that the actual price action will follow what we mentioned. Forecasts are not immune to changing circumstances and will be updated with new developments. Always do your own research and evaluate all necessary factors before making any investment.

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