The question is whether the token will continue to push through the bearish storm or succumb to the market’s will. A Strong Monthly Start For Helium Although the broader market remains exceedingly bearish, Helium in itself is performing well with multiple developments that support the ecosystem to flourish long-term.— Helium🎈 (@helium) August 31, 2024 One of the most vital is the passing of HIP-130, or the Data-Only MOBILE Hotpots, which enables data transfer only on non-certified devices on the network.
Rejection Forces HNT On Narrow Trading Range With the market’s hostile environment, HNT’s momentum will inevitably die off resulting in medium-term pain for holders of the token.The rejection of the $7.4 price ceiling left HNT bulls hoping for the return of bullishness in the broader market. HNT will stabilize between $7-$7.4 trading range leaving both bulls and bears with little wiggle room to maneuver.
The two also launched a promo where users paying with crypto will get a month off on their subscriptions. Tesla owners can now experience the Helium Network through Dimo, a decentralized car network, as Tesla enabled direct integration with the former’s application, giving users the ability to monetize their data.
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