Helium Mobile (MOBILE) and Helium (HNT) Experience Significant Gains
The past day has seen a notable boost in the market, resulting in significant gains for Helium Mobile (MOBILE) and Helium (HNT).
MOBILE has surged by 227% in the last 24 hours and is currently trading at $0.003. This makes it the top gainer among the top 300 cryptocurrencies, according to CoinGecko.
Helium Mobile’s market cap has also surged to $220 million, making it the 210th largest cryptocurrency at reporting time. Additionally, its daily trading volume has increased from approximately $3.8 million to $15.7 million in the past day.
Partnership with T-Mobile Fuels MOBILE’s Rally
In a recent collaboration, Nova Labs, the creator of the open-source Helium network, partnered with T-Mobile to launch a nationwide data plan in the U.S. This partnership resulted in the introduction of a $20 per month unlimited phone plan, as reported by crypto.news.
HNT, MOBILE’s sister coin, also experienced a surge of 26.3% in the last 24 hours and is currently trading at $5.99. As a result of this rally, HNT now holds the 77th spot among the top cryptocurrencies with a market cap of $850 million.
Market Surge and Bitcoin’s Rise Contribute to Helium’s Success
The surge in Helium’s prices coincides with a significant gain in the global crypto market, particularly as Bitcoin (BTC) approaches the $43,000 mark.
It is worth noting that Helium experienced a 50% decline in mid-March following its delisting from Binance and Binance.US.
Hot Take: Helium Mobile (MOBILE) and Helium (HNT) Soar as Market Rebounds
Helium Mobile (MOBILE) and its sister coin Helium (HNT) have seen remarkable surges in value as the overall market experiences a boost. MOBILE has emerged as the top gainer among the top 300 cryptocurrencies, with a staggering 227% increase in the past 24 hours. This surge is accompanied by a rise in market cap and daily trading volume for both MOBILE and HNT. The partnership between Nova Labs and T-Mobile to introduce an affordable phone plan has contributed to MOBILE’s rally. As Bitcoin approaches the $43,000 mark, Helium’s success reflects the positive sentiment in the crypto market.
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