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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| HNT | -72.46% | +70.82% | +11.3% | +1,363% |
| S&P | +14.84% | +96.04% | +14.41% | +134% |
Helium (HNT) is a blockchain-based network for IoT devices, launched in July 2019. It uses Hotspots for network coverage and mining HNT tokens. Helium addresses the limitations of current IoT infrastructure by offering a decentralized and efficient communication system. The network was co-founded by Amir Haleem, Shawn Fanning, and Sean Carey, combining expertise from various tech domains. Helium's unique model uses a Burn-and-Mint Equilibrium with HNT and Data Credits to maintain its token economy.
The cryptocurrency network has inked a partnership deal with one of America's largest wireless network operators.
Volatility is working in investors' favor today.
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