Convert and Swap Helium HNT to United States Dollar USD
HNT/USD: 1 Helium equals $6.54 USD
Last update: 10:29 PM, December 22, 2024
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Helium is falling this week.
The current price of Helium is $6.54 per HNT. With a circulating supply of 175,218,738.221 HNT, it means that Helium has a total market cap of $1,154,280,223.09. The amount of Helium traded has fallen by $2,915,623.17 in the last 24 hours, which is a 13.73% decrease. Additionally, in the last day, $21,238,094.12 worth of HNT has been traded.
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About Helium
HNT is the utility token of the Helium network. By leveraging LoRaWAN devices and 5G hotspots, the Helium network provides decentralized wireless infrastructure. HNT tokens are used to access the Helium network's wireless connectivity, as HNT tokens can be burned for 'Data Credits'. HNT tokens also ‘back’ other governance tokens within the Helium ecosystem such as MOBILE and IOT.
Helium (HNT) is a decentralized network powered by blockchain technology, designed to facilitate communication between Internet of Things (IoT) devices. Launched in 2019, the Helium mainnet enables low-powered wireless devices to interact and transmit data across its network of nodes. These nodes, known as Hotspots, function as both a wireless gateway and a blockchain mining device. Operators of these nodes mine and earn rewards in HNT, the native cryptocurrency of the Helium network. Helium's primary objective is to enhance IoT communication infrastructure, addressing the shortcomings of current systems.
Helium operates through a unique consensus mechanism known as proof-of-coverage (PoC), which is based on the HoneyBadger BFT protocol. This protocol allows nodes in the network to reach consensus even when connection quality varies. Hotspots, which are a combination of a wireless gateway and a miner, are purchased by network participants or built independently. Each hotspot provides network coverage over a certain radius and mines Helium’s native token, HNT. Users also pay transaction fees in a separate token called Data Credits, which are non-exchangeable and tied to individual users themselves.
Helium seeks to improve the communication capabilities of wireless Internet of Things (IoT) devices. Its core appeal is to device owners and those interested in the IoT space, with financial incentives providing further outreach possibilities. The network is designed to facilitate communication between low-powered wireless devices, preparing IoT communication for the future. This makes it a potential game-changer for industries and sectors that rely heavily on IoT devices, such as smart homes, agriculture, logistics, and environmental monitoring.
Helium was founded in 2013 by Amir Haleem, Shawn Fanning, and Sean Carey. Haleem has a background in eSports and game development, while Fanning is known for developing Napster, one of the first mainstream peer-to-peer internet services. Carey held multiple development roles prior to Helium, including at advertising optimization firm Where, which was acquired by PayPal. The Helium team comprises members with experience in radio and hardware, manufacturing, distributed systems, peer-to-peer, and blockchain technologies. The Helium mainnet was launched in July 2019, and as of October 2020, there were over 48 million HNT in circulation.
How Helium and United States Dollar differ
Helium (HNT) and the US Dollar (USD) are two distinct forms of value exchange, each with its unique characteristics. Helium, a decentralized network powered by blockchain technology, aims to facilitate communication between Internet of Things (IoT) devices. It operates through a unique consensus mechanism known as proof-of-coverage (PoC), allowing nodes in the network to reach consensus even when connection quality varies. The network's nodes, known as Hotspots, function as both a wireless gateway and a blockchain mining device, earning rewards in HNT, Helium's native cryptocurrency. On the other hand, the US Dollar is a traditional fiat currency, regulated by the Federal Reserve, and used as the primary medium of exchange in the United States. Unlike Helium, the value of the US Dollar is not determined by a decentralized network of nodes but by economic factors such as inflation, interest rates, and the country's economic health. While Helium seeks to improve the communication capabilities of wireless IoT devices, the US Dollar serves as a universal measure of value, facilitating trade and commerce.
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HNT to United States Dollar conversion tables
The exchange rate of Helium is decreasing.
The current value of 1 HNT is $6.54 USD. In other words, to buy 5 Helium, it would cost you $32.72 USD. Inversely, $1.00 USD would allow you to trade for 0.15 HNT while $50.00 USD would convert to 7.64 HNT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 26.7%. Meanwhile, in the last 24 hours, the rate has changed by 1.73%, and that the the highest exchange rate of 1 HNT to United States Dollar was $6.90 USD and the lowest 24 hour value was 1 HNT for $6.50 USD. This time last month, the value of 1 HNT was $5.52 USD, which is a 20.53% decrease from where it is now. Looking back a year, Helium has changed by $7.19 USD. That means that in a single year, the value of Helium has shrank by 5.63%.
HNT to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
---|---|---|---|---|---|---|---|
$6.77 USD | -1.73% | $9.08 USD | -26.70% | $5.52 USD | 20.53% | $7.19 USD | -5.63% |
HNT to USD
Amount | Today at 10:29 pm |
---|---|
0.5 HNT | $3.27 |
1 HNT | $6.54 |
5 HNT | $32.72 |
10 HNT | $65.44 |
50 HNT | $327.20 |
100 HNT | $654.40 |
500 HNT | $3,272.00 |
1,000 HNT | $6,544.00 |
USD to HNT
Amount | Today at 10:29 pm |
---|---|
0.5 USD | 0.0764 HNT |
1 USD | 0.15 HNT |
5 USD | 0.76 HNT |
10 USD | 1.53 HNT |
50 USD | 7.64 HNT |
100 USD | 15.28 HNT |
500 USD | 76.41 HNT |
1,000 USD | 152.81 HNT |
Today vs. 24 hours ago
Amount | Today at 10:29 pm | 24 hours ago | 24H Change |
---|---|---|---|
0.5 HNT | $3.27 | $3.39 | -3.46% |
1 HNT | $6.54 | $6.78 | -3.46% |
5 HNT | $32.72 | $33.89 | -3.46% |
10 HNT | $65.44 | $67.78 | -3.46% |
50 HNT | $327.20 | $338.92 | -3.46% |
100 HNT | $654.40 | $677.83 | -3.46% |
500 HNT | $3,272.00 | $3,389.15 | -3.46% |
1,000 HNT | $6,544.00 | $6,778.30 | -3.46% |
Today vs. 1 month ago
Amount | Today at 10:29 pm | 1 months ago | 1M Change |
---|---|---|---|
0.5 HNT | $3.27 | $2.76 | +18.40% |
1 HNT | $6.54 | $5.53 | +18.40% |
5 HNT | $32.72 | $27.64 | +18.40% |
10 HNT | $65.44 | $55.27 | +18.40% |
50 HNT | $327.20 | $276.36 | +18.40% |
100 HNT | $654.40 | $552.72 | +18.40% |
500 HNT | $3,272.00 | $2,763.59 | +18.40% |
1,000 HNT | $6,544.00 | $5,527.18 | +18.40% |
Today vs. 1 year ago
Amount | Today at 10:29 pm | 1 year ago | 1Y Change |
---|---|---|---|
0.5 HNT | $3.27 | $3.60 | -9.13% |
1 HNT | $6.54 | $7.20 | -9.13% |
5 HNT | $32.72 | $36.01 | -9.13% |
10 HNT | $65.44 | $72.01 | -9.13% |
50 HNT | $327.20 | $360.07 | -9.13% |
100 HNT | $654.40 | $720.14 | -9.13% |
500 HNT | $3,272.00 | $3,600.68 | -9.13% |
1,000 HNT | $6,544.00 | $7,201.35 | -9.13% |
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