Helium Token Surges 🚀: A Prime Asset for Investors
As the market action resumes, Helium keeps on surging to the top and draws the attention of investors. According to CoinGecko, the token is up more than 48% since last week. HNT becomes a prime target for both investors and traders looking for an income-making asset in the long run.
Helium Mobile Taking the Lead
Helium Mobile has been in the spotlight as it showed its reliability and strength, coming face to face with major telecom providers in the US. Recently, it flexed its muscles again as it announced the test of two carriers that offload their network traffic to the platform, setting new records once more.
Carrier Offload Beta Now Out Showing Big Results
With Helium Mobile’s announcement that the Carrier Offload Beta is now live, two carriers tested the network, bumping network statistics up by a significant margin.
- The Carrier Offload Beta is an essential milestone for Helium Mobile.
- Two carriers recently tested the network, leading to a significant increase in network statistics.
Price Forecast for HNT 📈
Investors and traders will have to make do with the current $6-$7 price range. This can swing both ways as it leaves both bears and bulls with little to no wiggle room to gain momentum which means the next few days will be crucial for HNT’s short-term viability.
- The current price range for HNT is between $6-$7.
- Bears and bulls are facing limited momentum, making the upcoming days critical for HNT’s short-term future.
If the bears get a hold of the momentum, we can expect the token to drop a few percent towards $5.5 before the bulls regain control. But if the opposite were to happen, HNT bulls have the opportunity to regain $8 in the long term, that is if the bullishness continues along with a positive attitude in the general market.
- If bears take control, HNT may drop to $5.5 before bulls recover.
- On the other hand, bullish behavior could see HNT reaching $8 in the long run.
However, with major macroeconomic indicators being announced soon, investors and traders should expect more volatility in the weeks before HNT returns to a fair market price.
Hot Take 🔥: Investing in HNT
HNT’s recent surge in value and the successful Carrier Offload Beta test indicate promising growth potential for this token. With developments like these, considering HNT as part of your investment portfolio could prove to be a strategic move.
Keep an eye on the market trends and upcoming announcements to make informed decisions regarding HNT. The current price range offers both challenges and opportunities depending on market dynamics. Stay informed and make strategic choices to maximize your investment potential in the crypto space.
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