Presales

MOBILE Price Explodes: Is This Surge Just The Beginning for Helium Mobile Crypto?

Helium Mobile surged by over 160% in just 24 hours reaching a local monthly high of $260 million. HNT grabbed investors' attention once again.

By Fatima

Last Updated: Dec 2, 2024

Fact checked

By Sam Cooling

Helium Mobile surged by over 160% in just 24 hours reaching a local monthly high of $260 million. HNT grabbed investors' attention once again.

Helium Mobile (MOBILE) Price Volume in 24h Price 7d surged by over 160% in just 24 hours, reaching a local monthly high of $260 million. The decentralized mobile and wireless network, powered by blockchain technology, grabbed investors’ attention again. But what is Helium Mobile, and why has it suddenly grown?

Helium Mobile is part of the Helium Network. It aims to create a decentralized telecommunications system using blockchain technology and a distributed network of hotspots. Individuals operate these hotspots worldwide to provide IoT and 5G mobile coverage.

In return, they earn rewards in the form of crypto. Helium’s unique rewards program lets users and hotspot operators earn MOBILE or IOT tokens. They can swap these tokens for Helium’s main utility token, HNT.

(MOBILEUSDT)

Reasons Behind Helium Mobile’s Recent Surge

Helium Mobile has experienced a significant rise in network activity, as seen by the sharp increase in Helium Data Credits (DC) usage used for data transfer. Daily DC burned jumped by over 30%, indicating a growing demand for data services on the network.

(Source)

Helium’s token swapping system allows users to swap MOBILE for HNT. The favorable exchange rate of around 5,000 MOBILE per HNT (compared to the expected future rate of 7,700 MOBILE per HNT) has prompted traders to take advantage of this arbitrage opportunity, driving demand for MOBILE tokens.

Major Partnership With T-Mobile And Telefónica

Helium Mobile’s mobile subscriber base has continuously grown, surpassing 121,000 users as of December 1, 2024. This expansion is fueled by the network’s unique approach to decentralized telecommunications, and partnerships with major players like T-Mobile and Telefónica have helped boost adoption.

These partnerships demonstrate the growing demand for decentralized telecom solutions and solidify Helium’s position in the market. The network’s global footprint also continues to grow, with over 117,000 hotspots providing IoT connectivity across the United States, Europe, and Asia.

Flockerz: The Meme Coin Taking Decentralization to the Next Level

When discussing the importance of decentralization, it’s impossible not to mention Flockerz. Unlike many purely speculative meme coins, Flockerz puts power directly in the hands of its community. At the core of this project is its unique Vote-to-Earn (V2E) system, which allows holders to actively participate in decision-making and rewards them for their involvement.

Flockerz has raised over $4 million in the ongoing presale, showcasing strong investor interest. The current presale price is $0.0061997 per token. Top analysts are optimistic about significant growth once Flockerz lists on major exchanges.

Vote-to-Earn Ecosystem: Power To The “Flock”

Flockerz takes community involvement seriously with the FlockTopia DAO, a decentralized autonomous organization that ensures every holder has a say in the project’s future. Proposals within the DAO can cover a wide range of initiatives, from launching marketing campaigns to adding new features to the platform. The Vote-to-Earn model rewards participants in these decisions with $FLOCK tokens, encouraging active engagement from the community.

Flockerz also offers a high-reward staking program, with an impressive 575% APY. This high return on investment has significantly influenced its growing popularity. Flockerz aims to provide both financial rewards and a sense of ownership, reinforcing its appeal as more than just another meme coin.

Flockerz is positioned to become one of the most innovative meme coins of 2024.

Join the Flock Here

EXPLORE: RoastHimJim is Back: Viral AI Roasting Bot From 2023 Returns to X

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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.
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Fatima
Fatima
Crypto Journalist
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