Helium Review: BIG Updates & HNT Price Predictions!
Published: 2024-09-10
Status:
Available
|
Analyzed
Published: 2024-09-10
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The creation of data-on mobile hotspots will lead to increased HNT burns due to higher data usage, and measures to prevent 'farming' will ensure fewer MOBILE tokens go to operators looking to dump.
"the former is likely to result in more h&t Burns due to increased data usage while the latter will ensure that fewer mobile tokens are going to hotspot operators who are just farming and looking to dump"
Pending
The Helium IoT network will implement vote escrow, requiring IOT token holders to lock up tokens for voting and earning rewards, similar to VNT holders.
"the most recent hip involves introducing vote escrow to iot without getting too technical vote escrow will require iot token holders to lock up their tokens to vote on proposals in exchange they will earn a portion of iot rewards just like the VNT holders do now"
Pending
Compatible IoT hotspots will be able to earn an 'energy token' by supporting the new energy network.
"the hip specifies that compatible iot hotspots will be able to earn the energy token by helping support the energy Network"
Pending
HNT is predicted to surpass its previous high of $50 in the current cycle, representing a 6-7x increase from its current price, with a market cap under $10 billion.
"there's very little doubt in our minds at least that h&t will surpass its previous highs of $50 in this cycle and that would be about a six to seven times from its current price and would still result in a market cap less than $10 billion"
Pending
Helium (HNT) is predicted to reach a market cap in the tens of billions, similar to meme coins in the last cycle, potentially near its peak price.
"when you realize that some meme coins came close to hitting a market cap of 100 billion dollars during the last cycle it seems plausible if not probable that helium could hit a market cap in the tens of billions near h&t Peak"
Pending
HNT could see returns as high as 40x from its current price to the cycle top.
"this would translate to returns as high as 40 times between day's price and the cycle top"
Pending
There are only approximately 20,000 Helium mobile hotspots and radio devices in operation, resulting in limited coverage.
"there are only around 15,000 mobile hotspots in operation plus around 5,000 radio devices but let's not not go there as you can hopefully see the coverage of these 20,000 Hardware hubs isn't very large"
Pending
A Helium Improvement Proposal to create a data-on mobile hotspot indicates that current hotspots are not meeting requirements.
"the fact that a hip was passed to create a dataon mobile hotspot also suggests that the existing hotspots they're just not cutting it"
Pending
Despite having a massive number of IoT hotspots (over 400,000) and millions of devices sold, the Helium IoT network appears to be experiencing minimal usage.
"helium's iot network whose 400,000 or so hotspots light up most of the Western World in its own Explorer you'll remember that helium's website says over 1 million devices were sold uh with an average price in the hundreds of dollars that's hundreds of millions spent hundreds of millions for a massive peer-to-peer iot network that seems to be experiencing minimal usage"
Pending
Nova Labs' partnership with Telefonica in January of this year indicates an upcoming rollout of Helium Mobile plans in Mexico.
"Nova Labs partnered with Mexican Telecom Giant Telefonica in January this year foreshadowing a roll out of helium Mobile plans in Mexico"
Pending
Nova Labs has partnered with Google to offer exclusive deals for Pixel phone buyers, including up to 12 months of free Helium Mobile service and discounts on mobile hotspots.
"Nova labs the partnership with Google to provide exclusive deals to those who buy Google's pixel phone and purchases of certain pixel phones could get up to 12 months of free helium Mobile coverage as well as discounts of up to 25% on purchases of helium's mobile hotspots"
Pending
Since the beginning of the year, HNT has undergone over $1.2 million in de facto buybacks and burns, with a consistently upward trend.
"h&t has experienced over $1.2 million of de facto BuyBacks and burns since the start of the year and the most eye opening part is the trend it's up only"
Pending
Measures are being implemented to ensure that fewer MOBILE tokens are distributed to hotspot operators who are merely farming and intend to dump them.
"the latter will ensure that fewer mobile tokens are going to hotspot operators who are just farming and looking to dump"
Pending
Vote escrow will require IOT token holders to lock up their tokens to vote on proposals, in return for a share of IOT rewards.
"vote escrow will require iot token holders to lock up their tokens to vote on proposals in exchange they will earn a portion of iot rewards"
Pending
Implementing vote escrow for IOT tokens will lead to less IOT being sold, consequently reducing the amount of HNT sold, as IOT is backed by HNT.
"the practical effect of this should result in less iot being sold as people lock up their tokens to vote and earn yield in turn this will result in less h&t being sold as iot is technically backed by h&t as you'll recall"
Pending
A recent Helium Improvement Proposal has approved the creation of an energy-focused network that will reward users for participating in solar power production and battery energy storage.
"the most recent hip approved the creation of an energy focused Network a per the quote the sub Network aims to reward users who participate in solar power production and battery energy storage"
Pending
Helium Mobile has launched a low-cost mobile plan in the US, offering unlimited talk, text, and data for $20 per month.
"helium mobile announced the launch of its lowcost Mobile plan in the US offering unlimited talk text and data for just $20 per month"
Pending
Helium Mobile has exceeded 100,000 signups, meeting year-end predictions made by asset manager VanEck.
"helium Mobile's plan plan hit over a 100,000 signups meeting the end-of-year predictions that asset manager Vanek had for the plan"
Pending
Helium Mobile has launched international roaming, allowing subscribers to maintain signal with other carriers when traveling outside the US.
"helium mobile launched international roaming which of course means that subscribers would still get signal with other carriers when traveling outside the US"
Pending
Helium Mobile has introduced group plans, making its phone services more affordable and accessible.
"hel mobile launched group plans making its phone services even more affordable and accessible"
Pending
Helium Mobile has begun licensing other companies to manufacture its hotspots, with MNTD being the first external manufacturer, ending Nova Labs' sole manufacturing role.
"helium mobile announced licensing for any other companies that want to manufacture its hotspots to our understanding this means that Nova Labs was the only manufacturer of helium mobile hotspots until very recently and the July blog post noted the first external manufacturer which was a company called mntd"
Pending
HNT's recovery is attributed to three factors: the launch of Helium Mobile plans in December 2023, Solana's (SOL) recovery in Autumn 2023, and the gradual decline in interest rates starting in November 2023.
"this was due to a combination of three factors and one of which we discussed that's the launch of helium mobiles plans in December 2023 another factor that caused h&t to recover was Souls recovery last Autumn and as one of the Blue Chips in Solana's ecosystem Souls rally took h&t on a tear to the third factor is one that everyone seems to have forgotten and that's the gradual decline in interest rates which began in November 2023"
Pending
Despite recent crypto market challenges, HNT's recovery is attributed to continuously improving fundamentals.
"recent crypto headwinds haven't stopped h&t recovery we suspect this is because h&t fundamentals continue to improve"
Pending
HNT has seen over $1.2 million in de facto buybacks and burns since the start of the year, with an consistently upward trend.
"h&t has experienced over $1.2 million of de facto BuyBacks and burns since the start of the year and the most eye opening part is the trend it's up only"
Pending
HNT's supply has increased by approximately 25 million since January, equating to a maximum of $125 million in sell pressure over a 9-month period, assuming an average price of $5.
"historical data from coin gecko suggests that h&t supply has grown by about 25 million since January assuming an average price of around $5 per h&t this means that it experienced a maximum of $125 million of sell pressure not really much over a 9mon period"
Pending
Helium is considered a top crypto project due to its strong fundamentals, real-world adoption, and a narrative that resonates with retail investors.
"helium is arguably one of the top crypto projects full stop this is because it actually has fundamentals and Real World Adoption as a cherry on top over there it has a narrative that retail investors can understand"
Pending
HNT's accessibility is enhanced by its relatively low price, potential for significant gains, and listing on most major exchanges.
"it has a lowish price tag that gives the impression of massive gains is listed on most major exchanges and is therefore accessible to investors"
Pending
Helium Mobile's exponential growth is expected to continue.
"helium Mobile's exponential growth has only begun and seems likely to continue"
Pending
An approved Helium Improvement Proposal (HIP) establishes an energy-focused network designed to reward participation in solar power and battery storage, creating a virtual power plant for grid stability and energy management.
"the hip approved the creation of an energy focused Network a per the quote the sub Network aims to reward users who participate in solar power production and battery energy storage it seeks to collect data from and offer control of connected solar power and Battery resources creating a virtual power plant to support grid stability and energy management"
Pending
The Helium Mobile network currently has approximately 15,000 mobile hotspots and 5,000 radio devices in operation.
"there are only around 15,000 mobile hotspots in operation plus around 5,000 radio devices"
Pending
The approval of a Helium Improvement Proposal (HIP) for a 'data-on' mobile hotspot suggests that current mobile hotspots are not performing adequately.
"the fact that a hip was passed to create a dataon mobile hotspot also suggests that the existing hotspots they're just not cutting it"
Pending
The Helium IoT network boasts approximately 400,000 hotspots covering most of the Western world.
"helium's iot network whose 400,000 or so hotspots light up most of the Western World"
Pending
Starlink's partnership with T-Mobile to provide satellite-based mobile internet coverage is a significant competitor to Helium Mobile, as space-based coverage is likely to be superior to ground-based coverage.
"the elephant in the room here is of course starlink which also recently partnered with T-Mobile to bring internet to mobile phone users in the US from stalling satellites as amazing as the helium mobile narrative is the fact of the matter is that Mobile coverage provided from space is probably going to be superior to any Mobile coverage provided from the ground"
Pending
Helium's decentralized networks rely on physical hardware, much of which is likely manufactured in China or uses Chinese components, a fact particularly relevant for the devices on Helium's upcoming energy network.
"the key takeaway is that at the end of the day helium needs physical hardware for its decentralized networks to work and most of this Hardware is probably made in China or using components that were made in China again this is practically guaranteed for the devices on helium's energy Network"
Pending
Helium is characterized by a solid product, strong selling points, and robust tokenomics, possessing all the attributes of an ideal crypto project with its growth just starting.
"helium has a solid product a strong selling point and robust tokenomics it literally has everything the ideal crypto project should have and its growth has only just begun"
Pending
Measures are being put in place to prevent hotspot operators from gaming the system, meaning they will no longer be able to earn tokens without providing valuable coverage.
"minimizing the ability for Hotspot operators to game the system I.E. to earn tokens without providing valuable coverage"
Pending
The development of a 'data-on' mobile hotspot is expected to increase data usage, leading to more HNT burns.
"the creation of a dataon mobile hotspot is likely to result in more h&t Burns due to increased data usage"
Pending
Helium Mobile's plan has surpassed 100,000 signups, meeting year-end predictions made by asset manager VanEck.
"helium Mobile's plan plan hit over a 100,000 signups meeting the end-of-year predictions that asset manager Vanek had for the plan"
Pending
Helium Mobile has started licensing its hotspot technology to other companies for manufacturing.
"helium mobile announced licensing for any other companies that want to manufacture its hotspots"
Pending
HNT is predicted to surpass its previous high of $50 within the current cycle.
"h&t will surpass its previous highs of $50 in this cycle"
Pending
Helium (HNT) is projected to reach a market capitalization in the tens of billions near its peak price.
"helium could hit a market cap in the tens of billions near h&t Peak"
Pending
HNT could deliver returns of up to 40 times from its current price to the cycle top.
"this would translate to returns as high as 40 times between day's price and the cycle top"
Pending
An approved Helium Improvement Proposal (HIP) establishes an energy-focused network designed to reward users for participating in solar power production and battery energy storage.
"the hip approved the creation of an energy focused Network a per the quote the sub Network aims to reward users who participate in solar power production and battery energy storage"
Pending
Compatible IoT hotspots will be eligible to earn the energy token by contributing to the energy network's operations.
"compatible iot hotspots will be able to earn the energy token by helping support the energy Network"
Pending
Helium Mobile's plan has achieved over 100,000 signups.
"helium Mobile's plan plan hit over a 100,000 signups"
Pending
Helium Mobile has begun licensing its hotspot technology to other companies for manufacturing.
"helium mobile announced licensing for any other companies that want to manufacture its hotspots"
Pending
HNT's recovery is attributed to the launch of Helium Mobile plans in December 2023 and the recovery of Solana (SOL) in Autumn 2023, which positively impacted HNT.
"the launch of helium mobiles plans in December 2023 another factor that caused h&t to recover was Souls recovery last Autumn and as one of the Blue Chips in Solana's ecosystem Souls rally took h&t on a tear"
Pending
A third factor contributing to HNT's recovery is the decline in interest rates starting in November 2023, which is generally bullish for risk assets like cryptocurrencies.
"the third factor is one that everyone seems to have forgotten and that's the gradual decline in interest rates which began in November 2023 for those unaware Fallen interest rates tend to be bullish for risk assets including crypto"
Pending
The Helium Mobile network currently consists of approximately 15,000 mobile hotspots and 5,000 radio devices.
"there are only around 15,000 mobile hotspots in operation plus around 5,000 radio devices"
Pending
The coverage provided by the existing 20,000 Helium Mobile hardware hubs is limited.
"the coverage of these 20,000 Hardware hubs isn't very large"
Pending
The Helium IoT network has a substantial scale, with around 400,000 hotspots covering a significant portion of the Western world.
"helium's iot network whose 400,000 or so hotspots light up most of the Western World"
Pending
Nova Labs' partnership with Telefonica in January of this year suggests an upcoming rollout of Helium Mobile plans in Mexico.
"Nova Labs partnered with Mexican Telecom Giant Telefonica in January this year foreshadowing a roll out of helium Mobile plans in Mexico"
Pending
Helium Mobile has initiated a licensing program for other companies to manufacture its hotspots.
"helium mobile announced licensing for any other companies that want to manufacture its hotspots"
Pending
HNT is predicted to surpass its previous high of $50 within the current cycle.
"h&t will surpass its previous highs of $50 in this cycle"
Pending
Helium (HNT) is projected to reach a market capitalization in the tens of billions near its peak price.
"helium could hit a market cap in the tens of billions near h&t Peak"
Pending
HNT could deliver returns of up to 40 times from its current price to the cycle top.
"this would translate to returns as high as 40 times between day's price and the cycle top"
Pending
The new energy network aims to reward users who engage in solar power production and battery energy storage.
"the sub Network aims to reward users who participate in solar power production and battery energy storage"
Pending
The Helium Mobile network has approximately 15,000 operational hotspots.
"there are only around 15,000 mobile hotspots in operation"
Pending
The Helium IoT network, with its approximately 400,000 hotspots, provides coverage across most of the Western world.
"helium's iot network whose 400,000 or so hotspots light up most of the Western World"
Pending
Purchasers of specific Google Pixel phones are eligible for up to 12 months of free Helium Mobile coverage and discounts of up to 25% on Helium mobile hotspots.
"purchases of certain pixel phones could get up to 12 months of free helium Mobile coverage as well as discounts of up to 25% on purchases of helium's mobile hotspots"
Pending
HNT's recovery is driven by the launch of Helium Mobile plans in December 2023 and the recovery of Solana (SOL) in Autumn 2023.
"the launch of helium mobiles plans in December 2023 another factor that caused h&t to recover was Souls recovery last Autumn and as one of the Blue Chips in Solana's ecosystem Souls rally took h&t on a tear"
Pending
The decline in interest rates since November 2023 is considered a bullish factor for risk assets like crypto, including HNT.
"the gradual decline in interest rates which began in November 2023 for those unaware Fallen interest rates tend to be bullish for risk assets including crypto"
Pending
Helium possesses a solid product, a compelling selling proposition, and robust tokenomics.
"helium has a solid product a strong selling point and robust tokenomics"
Pending
Nova Labs' partnership with Telefonica in January indicates an upcoming launch of Helium Mobile plans in Mexico.
"Nova Labs partnered with Mexican Telecom Giant Telefonica in January this year foreshadowing a roll out of helium Mobile plans in Mexico"
Pending
Helium Mobile has begun licensing its hotspot technology to other companies for manufacturing purposes.
"helium mobile announced licensing for any other companies that want to manufacture its hotspots"
Pending
HNT is projected to exceed its previous high of $50 during the current cycle.
"h&t will surpass its previous highs of $50 in this cycle"
Pending
Helium (HNT) is anticipated to reach a market capitalization in the tens of billions near its peak price.
"helium could hit a market cap in the tens of billions near h&t Peak"
Pending
HNT could generate returns as high as 40 times from its current price to the cycle's peak.
"this would translate to returns as high as 40 times between day's price and the cycle top"
Pending
The energy network aims to collect data from and control connected solar power and battery resources, forming a virtual power plant to enhance grid stability and energy management.
"it seeks to collect data from and offer control of connected solar power and Battery resources creating a virtual power plant to support grid stability and energy management"
Pending
Measures are being implemented to prevent hotspot operators from exploiting the system to earn tokens without providing genuine coverage.
"minimizing the ability for Hotspot operators to game the system I.E. to earn tokens without providing valuable coverage"
Pending
The approval of a Helium Improvement Proposal (HIP) for a 'data-on' mobile hotspot indicates that current hotspots are not performing adequately.
"the fact that a hip was passed to create a dataon mobile hotspot also suggests that the existing hotspots they're just not cutting it"
Pending
Despite its extensive coverage with around 400,000 hotspots, the Helium IoT network appears to have minimal usage.
"helium's iot network whose 400,000 or so hotspots light up most of the Western World... a massive peer-to-peer iot network that seems to be experiencing minimal usage"
Pending
Nova Labs has partnered with Google to offer exclusive deals for customers who purchase Google's Pixel phone.
"Nova labs the partnership with Google to provide exclusive deals to those who buy Google's pixel phone"
Pending
The decline in interest rates since November 2023 is a bullish factor for risk assets like crypto, including HNT.
"the gradual decline in interest rates which began in November 2023 for those unaware Fallen interest rates tend to be bullish for risk assets including crypto"
Pending
Nova Labs has partnered with Telefonica to foreshadow the rollout of Helium Mobile plans in Mexico.
"Nova Labs partnered with Mexican Telecom Giant Telefonica in January this year foreshadowing a roll out of helium Mobile plans in Mexico"
Pending
Helium Mobile has begun licensing its hotspot technology to other companies for manufacturing.
"helium mobile announced licensing for any other companies that want to manufacture its hotspots"
Pending
HNT is projected to increase six to seven times from its current price.
"that would be about a six to seven times from its current price"
Pending
Helium (HNT) is predicted to reach a market cap in the tens of billions, drawing a comparison to meme coins that approached $100 billion in the previous cycle.
"when you realize that some meme coins came close to hitting a market cap of 100 billion dollars during the last cycle it seems plausible if not probable that helium could hit a market cap in the tens of billions"
Pending
The energy network aims to gather data from and control connected solar power and battery resources, establishing a virtual power plant for grid stability and energy management.
"it seeks to collect data from and offer control of connected solar power and Battery resources creating a virtual power plant to support grid stability and energy management"
Pending
Measures are being introduced to prevent hotspot operators from gaming the system, ensuring they only earn tokens for providing valuable coverage.
"minimizing the ability for Hotspot operators to game the system I.E. to earn tokens without providing valuable coverage"
Pending
The Helium IoT network is characterized by a large density of hotspots, with approximately 400,000 covering most of the Western world.
"helium's iot network whose 400,000 or so hotspots light up most of the Western World"
Pending
Buyers of select Pixel phones can receive up to 12 months of free Helium Mobile service and discounts up to 25% on Helium mobile hotspots.
"purchases of certain pixel phones could get up to 12 months of free helium Mobile coverage as well as discounts of up to 25% on purchases of helium's mobile hotspots"
Pending
The launch of Helium Mobile plans in December 2023 contributed to HNT's recovery.
"the launch of helium mobiles plans in December 2023"
Pending
Helium is characterized by a strong product, a compelling value proposition, and sound tokenomics.
"helium has a solid product a strong selling point and robust tokenomics"
Pending
Nova Labs' January partnership with Telefonica signals an upcoming expansion of Helium Mobile plans into Mexico.
"Nova Labs partnered with Mexican Telecom Giant Telefonica in January this year foreshadowing a roll out of helium Mobile plans in Mexico"
Pending
Helium Mobile has opened up its hotspot manufacturing to other companies through licensing agreements.
"helium mobile announced licensing for any other companies that want to manufacture its hotspots"
Pending
HNT is predicted to increase by six to seven times its current price.
"that would be about a six to seven times from its current price"
Pending
Helium (HNT) is projected to achieve a market capitalization in the tens of billions near its peak.
"helium could hit a market cap in the tens of billions near h&t Peak"
Pending
Compatible IoT hotspots can earn the energy token by assisting in the support of the energy network.
"compatible iot hotspots will be able to earn the energy token by helping support the energy Network"
Pending
The Helium Mobile network currently has approximately 15,000 operational hotspots.
"there are only around 15,000 mobile hotspots in operation"
Pending
The Helium IoT network comprises around 400,000 hotspots, covering a majority of the Western world.
"helium's iot network whose 400,000 or so hotspots light up most of the Western World"
Pending
Buyers of select Pixel phones are eligible for up to 12 months of free Helium Mobile coverage and discounts of up to 25% on Helium mobile hotspots.
"purchases of certain pixel phones could get up to 12 months of free helium Mobile coverage as well as discounts of up to 25% on purchases of helium's mobile hotspots"
Pending
Solana's (SOL) recovery in Autumn 2023 also contributed to HNT's recovery, as SOL is considered a blue-chip in the Solana ecosystem.
"another factor that caused h&t to recover was Souls recovery last Autumn and as one of the Blue Chips in Solana's ecosystem Souls rally took h&t on a tear"
Pending
Helium is characterized by a solid product, a compelling selling point, and robust tokenomics.
"helium has a solid product a strong selling point and robust tokenomics"
Pending
Nova Labs' partnership with Telefonica in January suggests an upcoming launch of Helium Mobile plans in Mexico.
"Nova Labs partnered with Mexican Telecom Giant Telefonica in January this year foreshadowing a roll out of helium Mobile plans in Mexico"
Pending
Helium Mobile has begun licensing its hotspot technology to other companies for manufacturing.
"helium mobile announced licensing for any other companies that want to manufacture its hotspots"
Pending
HNT is predicted to increase by six to seven times its current price.
"that would be about a six to seven times from its current price"
Pending
Helium (HNT) is projected to achieve a market capitalization in the tens of billions near its peak price.
"helium could hit a market cap in the tens of billions near h&t Peak"
Pending
The new energy network is designed to reward users for their participation in solar power production and battery energy storage.
"the sub Network aims to reward users who participate in solar power production and battery energy storage"
Pending
The Helium Mobile network currently has approximately 15,000 operational hotspots.
"there are only around 15,000 mobile hotspots in operation"
Pending
The Helium IoT network, with its approximately 400,000 hotspots, provides coverage across most of the Western world.
"helium's iot network whose 400,000 or so hotspots light up most of the Western World"
Pending
Buyers of select Pixel phones are eligible for up to 12 months of free Helium Mobile coverage and discounts up to 25% on Helium mobile hotspots.
"purchases of certain pixel phones could get up to 12 months of free helium Mobile coverage as well as discounts of up to 25% on purchases of helium's mobile hotspots"
Pending
The launch of Helium Mobile plans in December 2023 contributed to HNT's recovery.
"the launch of helium mobiles plans in December 2023"
Pending
Helium is characterized by a strong product, a compelling value proposition, and sound tokenomics.
"helium has a solid product a strong selling point and robust tokenomics"
Pending