Helium (HNT) - A Comprehensive Look

in #cryptocurrency19 days ago

Time for a fresh look at Helium. The market dynamics here are worth examining closely.

📈 Current Price Action

At $2.10, the price action has been relatively stable lately. The weekly trend has been fairly sideways, suggesting consolidation.

Helium 7-Day Chart

Helium price movement over the last 7 days

💰 Market Metrics

With a market cap of $392.84M, it's ranked #181 in the crypto market. The 24h volume of $6.23M represents 1.59% of the market cap, which indicates moderate trading activity.

MetricValue
Current Price$2.10
24h Change-1.99%
7d Change-4.60%
30d Change+0.33%
Market Cap$392.84M
24h Volume$6.23M
Market Rank#181

🪙 Supply Dynamics

There are $186.32M coins in circulation out of a maximum supply of $223.00M (83.55% circulating).

📊 Historical Context

The all-time high was $54.88, and we're currently 96.17% below that level. The all-time low sits at $0.11, which means we're 1757.63% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.

🤔 My Take

From a technical standpoint, Helium is in a consolidation phase. The price structure show room for growth if fundamentals improve.

As with any crypto investment, only allocate what you can afford to lose.

🎯 Final Thoughts

And that's my current read on Helium. Numbers don't lie, but they also don't predict the future. What's your perspective on this project?


This is not financial advice. Always do your own research before making investment decisions.

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