Helium and Akash Network Show Resilience Amid Crypto Market Cooldown

Tuesday, August 27, 2024 10:01 AM
2,776
Helium and Akash Network Show Resilience Amid Crypto Market Cooldown cover

Helium (HNT) and Akash Network (AKT) continue to surge despite the overall crypto market cooldown. Helium’s HNT token has surpassed the $7.12 mark, driven by its role in decentralized IoT. With extensive network coverage and the ability to earn HNT tokens, Helium is likened to crypto mining with a purpose. The project has also ventured into providing 5g services, attracting attention with a $20 monthly cell plan. As HNT aims for the $8.00 target, there’s potential for a return to 2024 highs around $11. Meanwhile, investors exploring crypto presales may encounter projects like Pepe Unchained (PEPU), a layer-2 meme coin offering fast, affordable transactions. Despite the opportunities, it’s crucial to remember the high-risk nature of crypto investments.

Related News

Roam's DePIN Project Sees Rapid Expansion in Decentralized WiFi Network Nodes cover
7 days ago
Roam's DePIN Project Sees Rapid Expansion in Decentralized WiFi Network Nodes
Roam's decentralized WiFi network, DePIN, has experienced rapid growth in the number of nodes, surpassing 569,463 within just 12 days from reaching 500,000 on August 28. The total check-ins have exceeded 22.7 million, with over 600,000 registered users on the Roma app. Roam offers enterprise-grade W
DePIN Sector Surges: Helium Leading the Way cover
9 days ago
DePIN Sector Surges: Helium Leading the Way
DePIN, the sector bridging everyday life with the digital world, is booming with Helium emerging as one of the fastest-growing networks in crypto. Over the last 30 days, DePIN's market cap surged by 22.7%, reaching $20 billion with a 400% increase. The fundraising volume also saw a 296% surge year-o
Helium's HNT Token Surges on Growing Mobile Subscribers and Technical Analysis cover
10 days ago
Helium's HNT Token Surges on Growing Mobile Subscribers and Technical Analysis
Helium's native token (HNT) has surged by over 18% in the past week, outperforming many other cryptocurrencies. The rise in price is attributed to the growth in Helium's mobile subscribers, which now exceed 112,000. This surge follows a 40% spike in price just two months ago when the subscriber coun
Key Updates in the Crypto Market cover
10 days ago
Key Updates in the Crypto Market
Bitcoin price drops to $55,711.26 as Arthur Hayes predicts it could fall below $50K amid market turmoil. Worldcoin CEO Alex Blania reveals plans for global expansion following Facebook's model. Injective launches the 'First Ever' tokenized index for BlackRock's BUIDL Fund, allowing users to take lon
Exploring Promising DePIN Altcoins: Render and OriginTrail cover
10 days ago
Exploring Promising DePIN Altcoins: Render and OriginTrail
DePIN, with a market value of around $20 billion, is a rapidly growing sector in the crypto space. Despite the sector's fast expansion, there are still promising opportunities available. Here are three DePIN altcoins worth considering: 1) Large Cap: Render ($RENDER) Render is a major DePIN project
DePIN Alliance: Exploring the Future of Real-World Assets at TOKEN2049 Singapore cover
10 days ago
DePIN Alliance: Exploring the Future of Real-World Assets at TOKEN2049 Singapore
DePIN Alliance presents 'Where DePIN, AI & IP Converge into RWA' at TOKEN2049 Singapore, focusing on Real-World Assets (RWA) with top industry players like JDI Ventures and Chain Capital. The event offers networking opportunities with venture capitalists and features experts discussing the market tr