Helium is all about the Internet of Things. IoT is a network of connected devices with sensors that monitor their environment. We have refrigerators that automatically replenish online and ingestible sensors that can monitor our health from inside our bodies. It’s amazing stuff!
However, many newly connected IoT devices move with us, such as activity sensors, electronic vehicles, and pet/child trackers. There’s no public-access WiFi in most places, cellphone data contracts are expensive, and coverage isn’t universal.
So, how do these IoT devices send and receive information when they’re out and about?
This is the problem Helium tries to solve.
Table of Contents:
What is Helium
There are several components for Helium. For starters, there’s a router, a crypto-miner, and a token. The rest is about their network of home hardware installations and their blockchain. Helium users buy a router/miner that connects to similar devices in their area. These form a decentralized peer-to-peer Mesh network for IoT data, while the hardware owner mines the tokens simultaneously.
The network broadcasts on the frequency without a US-915 license, so no special radio permits are required. Helium’s hardware specifications fall under the FCC guidelines on the use of public frequencies, so you don’t have to worry about knocking on the door from the men in black.
Helium HNT Price Forecast for the next 90 days
The price of the HNT token is largely blown away by the stormy winds of the broader cryptocurrency market. Any useful technical analysis signal is drowned out by this external noise. Fundamental analysis tells us about current realities and attempts to analyze the trajectory of a project. The hope is that we can identify a winning company – one with a great idea, a brilliant team, effective governance and a solid financial foundation. The Helium ticks all these boxes.
The entire cryptocurrency world is on the verge of complete collapse. Bitcoin fell 75% from its all-time high amid broader market declines caused by furious inflation and the US Fed’s rate hikes.
When you add the most recent collapses of huge industry players (FTX, Celsius, Moon etc.) into the equation, the horizon is murky and there will be more blood on the streets of the crypto city.
Investors are selling risky assets and moving to more stable markets. Crypto is still perceived as a very risky game and therefore sell off.
Our algo still sees some green in 2023, especially in the second half of the year. This is reflected in our forecast for 2023.
Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.
Once Bitcoin settles into the new price range, altcoins will start doing the same – we’ve seen this scenario dozens of times in distant and more recent history.
Our price forecasting model is bearish for the next 90 days with a hint of a bull market straddling quarters from Q1 to Q2. We expect whales and other larger players in the market to finish filling their bags around that time, which will cause a typical and sudden crypto spike.
The fundamentals we evaluate are teams, tokenomics, use case, community, marketing efforts, liquidity and availability of exchange, hype and speculative potential, and some other proprietary factors developed in our crypto lab.
Fundamentals
Use case
Helium is building a global data network. Typically, it takes billions of dollars and a decade of government approvals to implement such a massive infrastructure project. Helium applies a new approach where end users are also network infrastructure providers. To incentivize users to invest in network hardware, the Helium blockchain allows them to mine the HNT token with their equipment.
This is the killer app, but there’s a little more. If this crowdsourcing model works, then it signals a paradigm shift in the way humanity carries out global infrastructure projects. It’s decentralization at its best.
Tokenomica HNT
- Current price $12.70 (-5.51% 24Hrs, ATH $19.51)
- Market Cap $1,128,800,790
- Circulating supply 88.932.054
- Total supply 223.000.000
- Chart #67
The Helium blockchain uses proof of coverage (POC) as a consensus mechanism. POC leverages the natural properties of radio waves to prove that a network contributor is where they should be and is providing declared network access to traffic.
Helium is open-source, peer-reviewed and governed by the independent Decentralized Wireless Alliance, of which Helium is a member. Policy changes and technical improvements are voted on by the network provider community through HIPS (Helium Improvement Proposal).
Originally unlimited, the community voted through a HIP in late 2020 that limited HNT’s supply to 223 million, with a two-year halving program (similar to Bitcoin’s four-year halves). This will reduce the number of tokens you can mine, but the value of the tokens should increase as the network grows.
The Helium Team
I saw the name Sean Fanning and thought, “Absolutely not! It can’t be the same guy.” But sure enough, it’s the same co-founder and lead developer of Napster. Sean went on to co-found Helium and now holds a position on the board. For those who are too young to remember, Napster was the first widely adopted peer-to-peer music file sharing application. This guy has spawned a whole new industry. If it weren’t for Napster’s total destruction of the corrupt and bloated music business, there would be no Apple iTunes or Spotify. He is a legend, a king of the Internet, a true Hall of Fame of technology!
Helium CEO Amir Haleem, on the other hand, is a former esports world champion! Quake 2 was his passion, apparently. He went on to work in the video game industry and was part of the team that created Battlefield 1942. He looks super dedicated and is a regular winner.
Frank Mong was Cheif Operating Officer at Helium for three years. He has 25 years of experience in cybersecurity. I recommend watching his interviews on Youtube while explaining Helium better than anyone. He seems to be the public face of Helium and leads sales, marketing and business development.
If success breeds success, Helium cannot lose.
History
The original company was formed in 2013 but was not focused on blockchain at all. They tried different approaches to the problem of network infrastructure before “seeing the light” of blockchain. This is the interesting part of Helium. They weren’t a crypto startup, and their project doesn’t just exist in a virtual world.
It is applying decentralized blockchain technology to a pre-existing real-world problem. Helium is the exact opposite of a meme coin.
The current launch of the Helium project began in Austin, Texas, with only 100 devices. 3 years later, there are currently 20,000 worldwide in 3,000 cities. The United States has 90% coverage in 30 major cities and 80% in about 100 others. More recently, Helium has begun to focus on building the network in Europe and China.
Social networks
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Facebook
- – The Facebook page is updated and focuses mainly on technical progress. They have 10,380 followers and there are no claims about Lambos or the moon. It all looks well thought out and professionally managed.
- Twitter – They have 60.8K followers, many of whom post great photos of their antenna installations. There are updates on when the hardware will be available and other important dates in the Helium calendar. I saw virtually no negative tweets.
- YouTube – This is a great source of educational material. There are guests, technicians and community discussions and the whole thing looks professional and well produced. Helium Hacks Happy Hour is interesting if you want to disappear down a rabbit hole for days. They currently have 13.2K subscribers.
Community
- Reddit – There are 40,000 members on the Helium Subreddit. These are mainly answers to technical questions and requests about when people will receive the hardware. There seems to be a shortage due to the recent massive adoption. There are also announcements about Helium’s technical progress. It’s a fairly orderly group for Reddit.
- Discord – The Discord server was down when I tried to access it. They claim to have a technical community of 15,000 people to help with any technical issues. There’s a “maker” vibe to what I’ve seen: lots of fanatics experimenting with antennas and building routers/miners, trying to squeeze the best performance out of their equipment.
Wallet Exchanges and Support
You can trade HTN on Binance, Binance US, FTX, Hotbit, WazirX, Pionex, and Hotbit. Most of the liquidity is on Binance as usual, but Pionex also provides a healthy HNT/USDT market (check out the Pionex vs Binance comparison here).
Helium recommends its application portfolio as the easiest to use. For the more technical there is the Command Line Interface Wallet (CLI). You have access to all types of transactions, but Helium advises caution when using it. You need to know what you’re doing!
There is also a Ledger Wallet application that is the safest place to store significant amounts of HNT. The Ledger app only supports sending and receiving.
Helium Price Prediction 2023
Our forecast model calls for a temporary shift to a bear market in early 2023 before moving to another lead in Q3 and Q4 of 2023.
HNT Market Price Prediction
● Portfolio investor
According to Wallet InverstorIt’s all very positive for the near future. The three-month goal is around $17, a 38% pump. They predict a 146% increase over the next 12 months and a whopping 720%, looking at 5 years. Anything is possible, with a successful infrastructure game.
● Trade in beasts
In contrast, Trading Beasts has HNT moving sideways for the rest of the year. They expect a 20% increase by the end of 2022, but a very small gain after that. It is remarkable that two price prediction websites can be so at odds.
Helium Price Prediction 2025
Our forecast model predicts that HNT will reach new highs in 2025:
$19.44
Helium Price Forecast 2030 – 2040
How much will Helium be worth in 2030?
Our forecast model sees Helium reaching $48.60 in 2030.
How much will Helium be worth in 2040?
Our forecast model sees Helium reaching $97.20 in 2040.
Will Helium replace/surpass/surpass Bitcoin?
No, Helium will not replace or exceed BTC.
Can Helium reach $100?
Yes, Helium could reach $100 by the end of 2022.
Can Helium reach $1000?
Yes, it is possible that Helium could reach $ 1000 but only in the distant future, after 2030.
Is it worth buying Helium?
We are supporters of moderately risky investments: invest most of your cryptocurrency portfolio in BTC (50%); 35% in a basket of large-cap coins and the rest in small projects with huge increases. So, against this background, it is worth buying Helium.
Is Helium a good investment?
Helium is, just like all other cryptocurrencies, a risky investment. It is more likely to go up than down because of the good use case, well-designed tokenomics, active community, and a strong team behind it.
How much will Helium be worth?
For the short-term future, it could reach $ 1.41. In the long term (8-10 years), it could jump to $48.60 or even higher.
Why will Helium be successful and go up in price?
Helium has a good use case, well-designed tokenomics, active community, and a solid team behind it. All of these are a prerequisite for success and that’s why our forecasting model sees Helium rise to $48.60 in 2030.
Why will Helium go bankrupt and fall in price?
Cryptographic projects fail for various reasons. Some of the most common are: the team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of a well-designed marketing strategy, loss of community support, potential vulnerability in the protocol, failure to achieve the minimum development activity foreseen on the protocol, inability to attract new developers to build on their platform.
How high will Helium go?
Our prediction model sees the price of Helium explode and reach $97.20 in the distant future.
What is the short-term forecast for Helium?
Helium will reach $1.41 over the next 90 days, which is a 14.5% change from the current price which hovers around $1.65.
Can Helium make you a millionaire?
Yes, if you buy a large enough sum. Don’t expect to invest $100 and become a Helium millionaire. But 100x price explosions are a common sight in cryptocurrencies, so a $10k investment in Helium could make you a millionaire.
Helium Price Prediction Today – What will be the price of Helium tomorrow?
Helium will hover around $1.80 tomorrow.
When to sell and exit Helium?
It depends on your trading profile. If you believe in Helium and think it has a bright future, holding the coin for at least a couple of years is a good idea. Taking profits on good investments is an even better idea. So, if you are sitting on earnings of 100-200% or even more on your Helium, cashing out a portion of the funds is not a bad move.
Can Helium explode?
Yes, our algorithm sees Helium take off and skyrocket in 2022 with a 42.5% increase over the current price.
What will be the price of Helium in 10 years?
The price of Helium in 10 years will be between $ 48.60 and $ 97.20.
Helium Price Prediction 2023 – How much will Helium be worth in 2023?
Helium will reach $4.78 in 2023, which is a 188.91% change from the current price.
Helium Price Prediction 2024 – How much will Helium be worth in 2024?
Helium will reach $10.47 in 2024, which is a 533.41% change from the current price.
Helium Price Prediction 2026 – How much will Helium be worth in 2026?
Helium will reach $21.92 in 2026, which is a 1225.94% change from the current price.
Helium Price Prediction 2027 – How Much Will Helium Be Worth in 2027?
Helium will reach $27.75 in 2027, which is a 1578.74% change from the current price.
Helium Price Prediction 2028 – How Much Will Helium Be Worth in 2028?
Helium will reach $33.58 in 2028, which is a 1931.54% change from the current price.
Helium Price Prediction 2029 – How much will Helium be worth in 2029?
Helium will reach $39.42 in 2029, which is a 2284.34% change from the current price.
Helium Price Prediction 2050 – How much will Helium be worth in 2050?
Helium will reach $149.50 in 2050, which is an 8943.44% change from the current price.
Summary and final thoughts
The Mesh network concept is not new, and with the start of BLE (Bluetooth Low Energy) all Bluetooth-enabled devices now have a potential range of up to half a mile. Surprisingly, BLE will work on traditional Bluetooth hardware and only requires a software update to reach this range. This is Helium’s competition, and they are backed by billion-dollar technology manufacturing companies.
Helium are the good guys. The manufacturers of our televisions, home security systems and baby monitors are the bad guys. The equipment in our homes is already being used without our knowledge or consent. Yes, the internet of things could bring great benefits, but the way it is stealthily implemented through our televisions, exercise machines and electricity meters is outrageous.
It’s not just your data. Everyone’s precious data goes through your hardware without you knowing where it’s coming from or where it’s going. I think there is a serious ethical issue here, which makes the concept of Helium very attractive as a way to reject great technology.
Choosing to join the Helium network gives the user a certain agency, as well as a share of the value created by providing a network. I predict that once people begin to appreciate the value of their digital existence as they do their physical existence, they will look for ways to monetize it. Helium could be part of the solution.
The profitability of HNT mining will continue to decline over time, but as long as the Helium network continues to be successful, HNT will be worth keeping. I could buy some regardless, just to support a completely useful project.
