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Helium Price Analysis: As HNT Price Hammers +43% Weekly Gains Is This Other DePIN Crypto Next to Pump?

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Investors are pouring into HNT price - here's the latest Helium price news, & discover DePIN crypto token could pump more than HNT.

Investors are pouring into HNT chart – here’s the latest Helium price news, and also discover a DePIN crypto token that could pump more than HNT price.

Riding the Solana DePIN wave, Helium has been on a rollercoaster this year from a peak of $11.05 to a low of $3.40 in April.

Despite this, a recent +50% surge over the last week has investors pouring into HNT price – here’s the latest Helium crypto news, and why another DePIN could pump more than HNT.

This resurgence for HNT has sparked conversations on whether this upward trend can sustain itself or is merely a temporary rally.

We got our answer today: Helium is down -11.68% in the last 24 hours to $5.24.

 

As the top cryptocurrency providing physical network devices that promote IoT, Wi-Fi, and 5G connectivity—with Helium rolling out a global mobile network in 2023—it is a DePIN juggernaut.

So can Helium double from here? What DePIN project do the 99Bitcoin analysts think is better?

Helium Price News: Can HNT Price 5x From Here?

Today, Helium’s not just floating; it’s soaring, with a trading volume of $138.67K leaving its 300-day average volume ($100.42K) in the dust.

Generally, an increase in volume can confirm trends.

Regarding Helium, however, trading activity is spiking with prices plummeting, showing a clear indicator of strong selling pressure, suggesting traders are leaning bearish.

If Helum can break free from its $5.20 support level we could see a $7.00 price point later this week.

(HNTUSDT)

The RSI is hovering just above 35, which is near the oversold territory; meanwhile, in other Helium crypto news, Helium recently conducted integration tests with AT&T and Google Orion, expanding the utility of its decentralized network.

Helium Free Wi-Fi and targeted ads bridge the gap between crypto enthusiasts and the mainstream.

Discover 5th Scape (5SCAPE): The Better DePIN Crypto Play for May 2024

Breaking past the $5 million presale mark faster than a speeding bullet, 5th Scape isn’t just a new player in the DePIN VR-gaming crypto scene—it could be the next low-cap boom.

At the beating heart of 5th Scape are games that push the envelope—Thrust Conquest takes on Forza Motorsport with its VR twist.

 

Immersive Kick-Off is the answer to every Fifa enthusiast’s dreams, while Cage Conquest throws players into the MMA octagon, offering a blend of fierce combat and strategic gameplay.

Secure your presale tokens today

EXPLORE: Is BTC Set for a Quiet Spring After Bitcoin Halving Event? Here’s Why Traders Eye Altcoins in Q2

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Isaiah McCall is an ultramarathon runner and journalist for 99Bitcoins.

View all Posts by Isaiah Mccall

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