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Helium (HNT) Price Prediction 2024-2030: Will HNT Price Hit $10 Soon?

CoineditionCoinedition2024/04/29 18:07
By:Victor Olanrewaju
  • HNT’s price might attempt to double from its current value, possibly hitting $9.50 by the end of 2024.
  • In 2026 and 2027, the price of the token might experience notable declines.
  • The bullish price prediction for HNT could see its value trade at $35 in 2030.

At a time when most altcoins shredded their values, HNT’s price increased. However, this does not mean that the token might continue to outperform other altcoins. It indicates that the token could have strength on its own without banking on other assets. 

In this article, you would learn about the factors backing Helium and its token. You would also have an idea of its price prediction for 2024 to 2030.

Helium (HNT) Real Time Market Status

🪙 Name Helium
💱 Symbol HNT
🏅 Rank #87
💲 Price $5.76861977636
📊 Price Change (1h) -4.01 %
📊 Price Change (24h) 6.54 %
📊 Price Change (7d) 44.66 %
💵 Market Cap $928029255.238
💸 Circulating Supply 160875441.824 HNT
💰 Total Supply 160875441.824 HNT

Helium (HNT) is currently trading at $5.76861977636 and sits at number #87 on CoinMarketCap in terms of market capitalization. There are 160875441.824 HNT coins currently in circulation, bringing the total market cap to $928029255.238.

Over the past 24 hours, Helium has increased by 6.54%. Looking at the last week, the coin is up by 44.66%.

Table of contents

  • Helium (HNT) Real Time Market Status
  • What is Helium?
  • HNT Current Market Status
  • Helium (HNT) Price Analysis
    • Helium (HNT) Price Analysis – Bollinger Bands
    • Helium (HNT) Price Analysis – Relative Strength Index (RSI)
    • Helium (HNT) Price Analysis – Moving Average Convergence Divergence
  • Helium (HNT) Price Prediction 2024
    • Helium (HNT) Price Prediction – Resistance and Support Levels
  • Helium (HNT) Price Prediction 2025
  • Helium (HNT) Price Prediction 2026
  • Helium (HNT) Price Prediction 2027
  • Helium (HNT) Price Prediction 2028
  • Helium (HNT) Price Prediction 2029
  • Helium (HNT) Price Prediction 2030
  • Helium (HNT) Price Prediction 2040
  • Helium (HNT) Price Prediction 2050
  • Conclusion
  • FAQs

What is Helium?

Helium was launched in July 2019 as a decentralized blockchain network for the Internet of Things (IoT) . With Helium, low-powered internet devices can communicate with one another and send data through the nodes within the network.

For the unfamilar, nodes are like Hotspots on phones where you allow devices to share an internet connection. But in this case, it works basically for IoT interaction. However, it is important to note that each Hotspot covers a different radius, and this depends on the value of Datacredits purchased.

If a user purchases a high number of Datacredits, the connection would cover a wider range. If not, the radius covered would be low, and its native token HNT also helps in this regard.

HNT Current Market Status

HNT’s price as of this writing was $5.10, representing a 10.23% increase in the last 24 hours. According to CoinMarketCap, the trading volume of the token also increased by 165% within the same period. As a result, the 24-hour trading volume hit $57.88 million.

Furthermore, HNT’s market cap was $821.33 million. It has a maximum supply of 223 million, out of which over 160 million was in circulation. HNT is available on different exchanges. Some of the platforms to buy HNT include Coinbase, Bybit, Kraken, Crypto.com, and Bitget. Decentralized exchanges are also not left out as you can buy the token on Raydium or Orca.

Helium (HNT) Price Analysis

While HNT’s price has increased in the last 24 hours, it is important to check the price potential. In this segment, Coin Edition analyzes the price using technical indicators This would give an idea of the short-term potential. Furthermore, we touch on the price predictions from 2024 to 2030.

Helium (HNT) Price Analysis – Bollinger Bands

Indications from the Bollinger Bands (BB) on the 4-hour chart showed increasing volatility around HNT. With the clear expansion of the bands, HNT might undergo significant price fluctuations. 

From a bullish perspective, HNT’s price might climb to $5.60. But in a highly bearish scenario, the price of the token could drop to $4.59. Meanwhile, the upper band of the BB suggested that HNT was overbought. As such, the next target for the token could be a further decline.

HNT/USD 4-Hour Chart (Source: TradingView )

Helium (HNT) Price Analysis – Relative Strength Index (RSI)

An assessment of the Relative Strength Index (RSI) reinforced that bias the HNT was overbought. At press time, the RSI reading was over 70.00, indicating that buying pressure was solid. However, profit-taking could be next if most drivers of the rally focused on the short-term horizon.

HNT/USD 4-Hour Chart (Source: TradingView )

In this case, we could see HNT’s price decline below $5 within the next few days. On the other hand, solid buying pressure could send the token toward the $6 region.

Helium (HNT) Price Analysis – Moving Average Convergence Divergence

Though the RSI and BB indicated that the price of HNT was overbought, the Moving Average Convergence Divergence (MACD) suggested that the uptrend might not end soon. As of this writing, the MACD was positive, indicating increasing upward momentum.

Furthermore, the 12 EMA (blue) was above the 26 EMA (orange), suggesting that buyers had not left the floor for sellers to take over. As such, a further price increase could occur in the short term.

HNT/USD 4-Hour Chart (Source: TradingView )

Helium (HNT) Price Prediction 2024

For 2024, the price of HNT is expected to increase and hit a higher point. This prediction was confirmed by the Exponential Moving Average (EMA). As of this writing, the 20 EMA (blue) had crossed over the 50 EMA (yellow) which is termed a golden cross.

As such, HNT’s price could rise higher within a short period. In the long term, the cryptocurrency might drive past $6.50, and a rally toward $9.50 could be possible by the end of 2024.

HNT/USD 4-Hour Chart (Source: TradingView )

Helium (HNT) Price Prediction – Resistance and Support Levels

In terms of resistance and support, Coin Edition was able to identify some key levels. First on the list was the $.387 region which seemed to be a vital support for the token. With this support in place, it could be difficult for HNT’s price to drop lower in the short to mid-term.

Another crucial region was at $4.55 which was a resistance. But bulls have been able to break past the path. However, HNT traders might need to watch out for $5.77. If the price breaks through this point, it could be the catalyst that leads the token to $6.50. Alternatively, rejection at this point could force a decline below $5.

HNT/USD 4-Hour Chart (Source: Santiment )

Helium (HNT) Price Prediction 2025

By 2025, altcoin prices are expected to rally higher than they might have done within the last year. If this is the case, HNT might not be left out. Hence, the bullish price prediction for the token could be $14 in 2025.

Helium (HNT) Price Prediction 2026

By 2026, massive profit-taking might occur in the crypto market. As such, the market might lack enought liquidity to back a price increase. Should this happen, the price of HNT could drop to $10.50

Helium (HNT) Price Prediction 2027

HNT’s price prediction in 2027 could again be bearish as it is projected to be in 2026. This is because the market might face regulatory issue, and this could cause FUD and affect prices. Therefore, HNT might change hands at $8.95 in 2027.

Helium (HNT) Price Prediction 2028

After its experiences major downside, the price of HNT is expected to rebound in 2028. If this happens, the value of the token might surpass the high of 2024 and 2025. For a conservative price prediction, HNT could trade at $20.

Helium (HNT) Price Prediction 2029

In 2029, HNT might continue to increase. However, the growth might not be as much as it is expected to be in 2028. Thus, the price prediction for 2029 is $23.96.

Helium (HNT) Price Prediction 2030

By 2030, HNT might defy all odds and jump past the $20 region. In this instance, the market cap is expected to rise by 50% at minimum. Should this happen, the token might trade at $35.

Helium (HNT) Price Prediction 2040

The price prediction of HNT in 2040 could be $42. One of the reasons for this forecast could be linked to its fundamentals and demand for the token. By the said year, IoT is expected to be a very big industry, and this could drive higher demand for HNT and impact the price positively.

Minimum Price  Average Price Maximum Price
$30.02 $37.43 $42.00

Helium (HNT) Price Prediction 2050

In 2050, HNT could try to hit its all-time high. However, it could face rejection as that point could serve as a crucial resistance. Thus, the price prediction could be $52.64 at the maximum.

Minimum Price  Average Price Maximum Price
$39.19 $43.67 $52.64

Conclusion

In conclusion, it is important to note that investing in HNT might not automatically bring double-digits rewards. Furthermore, there are many factors affecting the price, some of which this article did not touch. Hence, it is in your best interest to scan through metrics, and indicators that could affect HNT in the short and long term.

FAQs

What is HNT?

HNT is the native cryptocurrency of Helium, a blockchain network focused on the Internet of Things (IoT).

How do you buy HNT?

You can buy HNT on exchanges. For the centralized part, you can visit Coinbase, Kraken, and Bybit to buy the token. If you prefer to use decentralized exchanges, you can purchase the token on Orca or Raydium.

Is HNT a good investment?

HNT has been a good investment for those who both the token around 2020 and sold in 2022. The same goes for anyone who bought the token within the last year. However, if you purchased HNT at the beginning of the year, you would be in a 27% loss. 

But that does not justify if it is a good investment or not especially if you plan to hold for the long term. As it stands, HNT might rally when altcoins begin to outperform Bitcoin (BTC). At the same time, you should have a timeframe of when to sell so your potential returns does not eventually become a bad investment.

What is HNT’s all-time high?

The all-time high of HNT was $55.21 in 2022.

Will HNT reach $10 soon?

HNT has the potential to hit $10 soon provided it maintains its recent performance. When the year started, HNT could not match up to the impressive performance that other altcoins had. But in recent times, that has changed and the token outperformed many altcoins in the last 30 days. Should this be the case going forward, HNT might hit $10 soon.

What is the maximum supply of HNT?

The maximum supply of HNT is 223 million tokens.

Will HNT surpass its current ATH?

HNT can surpass its current ATH. But the problem is that it might not be as soon as holders might want it to be. Currently, the token is trading 10x lower than its ATH. As such, the market cap also needs to grow the same multiple for the price to hit its ATH. While that might happen, it might not be the case in 2024 or 2025.

What is the lowest price of HNT?

The lowest price of HNT was $0.25 in 2023.

Who is the founder of HNT?

Helium has three co-founders who are Amir Haleem, Shawn Fanning, and Sean Carey.

Which year was HNT launched?

HNT was launched in 2013.

How do I store HNT?

You can store HNT in different wallets. Since the token is compatible with Solana (SOL) , you can store it in wallets like Phantom and Solfare. You can also choose to store the token on the Uphold wallet. Outside of online wallets. You can store HNT on hardware wallets like Ledger and Trezor.

What will be the price of HNT in 2024?

The price of HNT could trade at $9.50 by the end of 2024.

What will be the price of HNT in 2025?

By 2025, the price of HNT could be $14.

What will be the price of HNT in 2026?

The bearish price prediction for HNT in 2026 is $10.50

What will be the price of HNT in 2027?

HNT’s price might decrease and hit $8.95 in 2027.

What will be the price of HNT in 2028?

HNT’s price prediction for 2028 is $20.

What will be the price of HNT in 2029?

The price of HNT could rally, and hit $23.96 in 2029.

What will be the price of HNT in 2030?

If things go as projected, HNT might trade at $35 in 2030.

What will be the price of HNT in 2040?

The price of HNT is expected to reach $42 in 2040.

What will be the price of HNT in 2050?

HNT’ price could be $52.64 in 2050.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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