Helium Mobile Forecast: Are we in for another incredible success story? After a sensational increase of 199,551% since October, Helium Mobile is now at an exciting turning point. Is the current dip a golden opportunity to secure a life-changing return or should investors exercise caution? The Helium Mobile forecast is a particularly attractive topic due to the renowned partnership, expansion and sales. With a mix of curiosity and caution, many are wondering whether Helium Mobile has the potential to stun investors. Don’t miss any opportunities and dangers with the MOBILE price forecast!
What is Helium Mobile?
Helium Mobile is an innovative project that acts as a Part of the Helium Network acts, which in turn is one decentralized, blockchain-based wireless infrastructure is. The Helium Network enables individuals and organizations to to operate wireless networks through token incentives and to wait. It is based on the Solana Blockchain.
What makes Helium Mobile special is its approach as a “cryptocarrier”, the first of its kind. The concept is based on that People are encouraged to build and run part of the networkby installing hotspots on their property.
This makes them co-owners of the network and earns crypto tokens called MOBILE. This Model enables Helium Mobile to offer nationwide 5G coverage in the USwhich is supplemented by T-Mobile, whereby the Costs for the user are significantly lower compared to traditional mobile phone providers are.
Helium Mobile uses a bring-your-own-device (BYOD) policy, which means that Users can use any compatible phone of their choice. This reduces the costs and complexity normally associated with contracts and telephone financing.
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What is the use of the MOBILE token?
The MOBILE tokens generated by the Helium Network serve as Rewarding users who support the network by providing hotspots. This approach of using cryptocurrency as an incentive has proven effective in enabling rapid and cost-effective network expansion.
Users who help build the Helium network by running hotspots can receive rewards in the form of cryptocurrency, which could theoretically be used to pay their mobile bills.
Helium Mobile is an example of how cryptocurrencies and blockchain technology can be used to improve existing business modelsespecially in the Mobile communications industry, which is traditionally dominated by a few large providers. With its decentralized approach and use of cryptocurrency as a means of rewards, Helium Mobile offers a unique alternative to traditional mobile phone providers.
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Introduction of the Helium Mobile Service
Helium Mobile, a decentralized financial telecommunications (DeFi) project on the Solana (SOL) blockchain, is experiencing a significant surge, fueled in part by two key consumer-focused events.
The company recently had a very Affordable plan of $20 per month for unlimited data, talk and text introduced, which is significantly lower than the average price of wireless plans in the US.
Buyer of the saga, the crypto-friendly flagship phone from the company behind Solana, even get a one-month free subscription to Helium Mobile. According to a recent announcement, the Saga phones sold out.
The launch of the new service will happen after a mobile phone plan was already operating in Miami. The company emphasizes that its service is cheaper than traditional providers due to its model that leverages the infrastructure of individuals earning MOBILE tokens for sharing data.
In addition, there was one Selling out of outdoor hotspots. These allow consumers to participate in building network coverage while earning MOBILE tokens as rewards. Although outdoor hotspots are sold out, indoor hotspots remain available.
Outdoor hotspots are sold out
But don’t worry indoor hotspots are still available and you can use code HOTCOCOA at checkout to get a free Yeti mug + hot cocoa
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https://t.co/LD6x5s9o1C https://t.co/aRLHhC8FTj
— Helium Mobile (@helium_mobile) December 15, 2023
Adjustments to reward rules at Helium Mobile due to influx and fraud
Helium Mobile, a low-cost mobile network that rewards users with MOBILE tokens for sharing their location data, changed its crypto rewards rules on December 18th. These changes are one Responding to a sharp increase in new signups and suspicious activity related to earning rewards.
Given the significant increase in MOBILE token prices and the associated increase in new subscribers, Helium Mobile was forced to make adjustments. New subscribers must now wait eight days before they can claim the MOBILE tokens earned through discovery mapping.
This measure is intended to address the rapid growth of Helium’s partially crowdsourced mobile network, which uses a combination of T-Mobile towers and individually operated Helium hotspots prevent potential abuses.
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Since its nationwide launch in early December, Helium Mobile has recorded a significant influx of new customersattracted by the low-cost tariff and the unique structure of cryptocurrency rewards.
Users participating in discovery mapping should be able to earn over 2,000 MOBILE tokens every daywhich would currently be $10.91 and therefore $327.30 per month.
Coco Tang, director of product development at Nova Labs, Helium Mobile’s parent company, realized that some customers were exploiting the system by Collected MOBILE tokens for seven days and then canceled their phone plan.
This resulted in them receiving a full refund and potentially hundreds of dollars in MOBILE tokens. The new rule changes aim to prevent such exploitation and ensure fair participation.
Helium Mobile’s measures to adjust the reward rules reflect this reflects the company’s commitment to maintaining fairness and preventing potential abuseas it navigates the challenges of rapid growth and increased interest due to the remarkable performance of its native MOBILE token.
Helium Mobile Forecast
Helium Mobile is currently with one Market cap of $434.5 million on Place 219 of the largest cryptocurrencies. Of the total 200 billion MOBILE tokens, only… 39.29% in circulationwhich is why an inflation rate still needs to be planned for, although there is currently no further information on this.
MOBILE is tradable since April 21, 2023 and was launched with a price of $0.0002821. Since then, Helium Mobile has achieved impressive results Rally of 1,832% with the biggest increase recorded since the beginning of December, coinciding with the launch of the new service.
Since its October 21 low, MOBILE According to DEXTools and Bitmart, there was even a temporary parabolic price increase of 199,551% to $0.1741 record. Although a similarly high level had already been tested the day before, it was sold off again rapidly. Helium Mobile is just one day away from its all-time high, almost 97% away.
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The increase is also impressive trading volumewhich has increased from just around $50,000 to over $24 million, which is one Increase of 47,900% corresponds. In addition, despite the strong sales still holding up at $19.1 million.
Even the extreme correction only brought a small relief in relation to the extreme value of the RSI of 100 and shows 82.59 still overbought at. Both the RSI and the OBV are now Bearish divergences have been shown, which indicate a correction.
This could go to $0.002581 or even to $0.001485. Should Helium’s second token have a similar market cap as helium This would be equivalent to almost tripling the current price, which is $0.005455. However, it would be safer to wait for corrections and get cheaper entry prices, but the momentum can quickly increase again.
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About the author: Simon Feldhusen came into contact with the stock market for the first time 17 years ago and has been intensively involved in the topics of trading, cryptoassets, stocks, P2P, corporate finance, finance and entrepreneurship on a daily basis for more than 8 years. He has also been working as a copywriter and ghostwriter in the financial sector for several years. During this time he has acquired a diversified knowledge through various training courses on the financial markets and following daily news. Since then, not a day goes by without him dealing with the markets. He publishes, among others, for Finanz.net, ETF-Nachrichten.de, Coincierge.de, P2E News.com, Ariva.de and News.de.