Surging 60% in 24 Hours: Altcoin Gains Momentum with Solana Smartphone's Network Expansion and High Demand

A Decentralized Wireless Network Altcoin on Solana Blockchain Soars

A decentralized wireless network altcoin built on the Solana blockchain is experiencing a significant surge in price due to two major consumer-driven events. The altcoin, called Helium Mobile (MOBILE), has seen a 60% increase in value over the past 24 hours, rising from $0.0042 to $0.0067 at the time of writing.

Hotspot Device Sales and Smartphone Service Expansion

The sudden surge in price comes after Helium Mobile announced that it had sold out of its outdoor hotspot devices, which allow consumers to participate in building the network’s coverage and earn MOBILE tokens as rewards. However, indoor hotspots are still available for purchase.

In addition, Helium Mobile plans to launch a $20 per month smartphone service in the United States, offering more affordable rates compared to traditional carriers. The service leverages infrastructure owned by individuals who can earn MOBILE tokens for sharing data. Helium Mobile has also partnered with T-Mobile to provide subscribers with access to the largest 5G network in the nation.

Solana Smartphone Demand

Furthermore, the recent announcement that Solana has sold out of its Saga phones has contributed to the surge in Helium Mobile’s value. Customers who purchase Saga phones receive a free month-long subscription to Helium Mobile.

Hot Take: Altcoin Sees Explosive Growth Amid Network Expansion and Consumer Demand

The decentralized wireless network altcoin, Helium Mobile (MOBILE), has experienced a significant surge in value due to the expansion of its network and the high demand for Solana smartphones. With the sale of outdoor hotspot devices and plans for a more affordable smartphone service, Helium Mobile is attracting attention from crypto enthusiasts. The partnership with T-Mobile and the limited availability of Saga phones have further fueled the altcoin’s growth. As the network continues to expand and consumer demand increases, Helium Mobile could see further price appreciation in the future.