Helium (HNT) Price Prediction 2024-2040

Helium (HNT) Price Prediction 2024-2040
Aug 19, 2024 0
Helium (HNT) Price Prediction 2024-2040

Please note that this article is not intended to be used as investment advice and serves solely for educational purposes. If you are interested in investing in Helium (HNT), do your own research.

Helium token is one of the 100 biggest cryptocurrencies in terms of market cap. As of August 15, 2024, Helium’s market cap exceeds $1 billion. This cryptocurrency is a native token of the network that powers the Internet of Things ecosystem. 

The article tells about the main features of the Helium network, provides Helium (HNT) price prediction for 2025, 2030, and other years, analyzes the past prices for HNT, and answers crucial questions about the token.

What Is Helium (HNT)?

Helium (HNT) is a native token of the blockchain-based network of the same name. It is used as the data network used for the Internet of Things (IoT) devices. The network provides interconnection and data circulation across the low-power devices through the nodes. 

The nodes are run by the Helium users in exchange for incentives. To operate a node, one needs to use a so-called Hotspot. Hotspots provide a certain connection range (a certain coverage radius) and allow for mining Helium tokens. The platform makes money through the transaction fees.

The founding members of Helium are the well-experienced experts in their field. The project was founded by Napster creator Shawn Fanning, Sean Carey, and Amir Haleem. The latter has expertise in game development and eSports while Carey spent time working in advertising optimization company Where, later acquired by none other than PayPal.

The token mainnet was launched in July of 2019. As of 2024, the token is available for trading on various big crypto exchanges, including Coinbase, Gate.io, Kraken, Bybit, Crypto.com, KuCoin, Gemini, and various smaller platforms. Binance, MEXC, OKX, and several more top-tier exchanges don’t support HNT as of August 2024.

Helium (HNT) Price Prediction for 2024, 2025, 2027, 2030, 2035, 2040

As of August 15, 2024, the HNT price is $6.85 with market cap ranging from $1 billion to $1.1 billion. In the table below you can see the HNT price prediction for 2024, 2025, 2027, 2030, 2035, and 2040. Under the table you can find the fundamentals behind these figures.

Year Price prediction ROI (if you buy this token now)
2024 $8.19 19.56%
2025 $11.62 69.64%
2027 $20.1 193.43%
2030 $69.7 917.52%
2035 $714 10,323.36%
2040 $4,900 71,432.85%

 

2024

In 2024 Helium started a partnership with Mexican company Telefónica. It will bring new users to Helium further increasing the HNT token’s circulation and price. However, the market volatility may cut part of this growth by the end of the year. By 2025, HNT may hit up to $8.6 but most probably will settle at roughly $8.2.

2025

Thanks to scheduled collaboration with Wireless Broadband Alliance and other similar projects aimed to broaden the outreach of Helium and allow users outside the US, the price of the HNT token will continue to grow. The market conditions may be not that great, but the ongoing growth of the company’s outreach may propel the HNT price over the $11.5 mark.

2027

As Helium continues to expand collaboration with third-party hardware manufacturers, the company’s products will have higher reach out. The more people will use Helium, the more HNT tokens will circulate increasing its market value. Token’s value will continue to grow in the second half of the 2020s. Our calculations show that by the end of 2027 the HNT price will cross the $20 mark.

2030

The 2028 Bitcoin halving will draw another huge bull run just like it was in the previous instances. The entire crypto market rally will benefit all the successful cryptocurrencies and Helium is one of them. Considering the dev team’s determination, HNT token will likely reach a new level by the 2030s. By the end of 2030, the token’s price may reach roughly $70. 

2035

We expect the HNT token’s price to break to another level by the middle of the 2030s, reaching over $700 in 2035. There are several reasons for that, including consistent work of developers and eager collaborators in the telecommunication and other spheres. 

2040

As we can judge from the tech analysis, in 2040, the HNT price may reach from $4,660 to $5,080. In fact, fundamentals may move the HNT price even further or oppositely slow the pace down, but we don’t know much about the upcoming events of the late 2030s and 2040.

Helium (HNT) Price Analysis for the Past Several Years

Now, let’s see what was the HNT price in the previous years.

The table below highlights the main milestones of the HNT past prices, outlining the reasons and triggers of the price movements in the past years.

Date Price Why the price dropped/rose to this level (what influenced the price change)
Jun 9, 2020 $0.27 At this price HNT was traded in its first days on the market
Mar 20, 2021 $8.94 Crypto market began to warm up around the end of 2020. By that time HNT gets listed on Binance and crosses the $1 mark and continues to grow. In March the price triples, peaking at $8.94 on March 20
May 29, 2021 $19.59 During the crypto rally infused with Elon Musk tweets and other events, Bitcoin reaches new heights in the spring of 2021 and many cryptos follow. HNT updates its historical maximum on May 29 at $19.59
Jul 21, 2021 $9.71 In the summer Tesla withdrew the decision to accept BTC which they did earlier, citing Bitcoin’s environmental impact. The market reacted with shrinking prices. HNT shrunk in two, dropping below $10 in July. Soon, Helium reached a milestone of 100k deployed Helium hotspots around the world and the price began to grow again
Nov 12, 2021 $54.88 November saw even a higher market peak. Bitcoin updated its all-time high, reaching nearly $70,000. The HNT token reached its historical maximum at $54,88
May 27, 2022 $7.17 December of 2021 saw a downfall of the crypto market caused by large-scale profit taking and other reasons. After a series of decreasing peaks, HNT finally dropped below $10 in May
Mar 31, 2023 $1.32 2022 was a tough year for the crypto market. The Luna and Terra stablecoin collapse, the FTX exchange collapse, hacks of numerous crypto platforms, and other incidents kept the prices falling. HNT managed not only to survive but even rolled out its mobile app. During 2023 the HNT price was low, fluctuating below the $2 level
Dec 20, 2023 $8.68 From the end of 2023 to the first half of 2024, the crypto market saw a growth triggered by the BTC reward halving, crypto ETFs success, and other events. HNT token’s price saw a spike in December of 2023, peaking at $8.68
Feb 17, 2024 $9.83 Despite a successful partnership with the Mexican company Telefónica, HNT didn’t update its ATH in the 2024 bull run. Nevertheless, the price recovered from the 2023 low, reaching nearly $10 in February
August 15, 2024 $6.85 At the time of writing this article the Helium token price fluctuates around the $7 mark. July and August of 2024 saw a serious decline of crypto prices

 

Q&A

Is HNT a good investment?

Although we cannot give investment advice, we may say that Helium token is a crucial part of the successful blockchain-based platform with a strong use case and quality team. Nevertheless, before putting your money in, you should conduct your own research on the matter.

What will HNT price be in 10 years?

In 10 years from now (i.e., in 2034) the HNT price may cross $400.

Should you buy HNT now?

As of August 17, 2024, the token is still traded at the relatively low price (below $8). It may be seen as a buying opportunity. However, you should conduct a tech analysis before you decide whether you should buy HNT now. 

Conclusion

Unlike many of the popular cryptos, Helium has a real world implementation and represents the product used by thousands of people across the world. The project has much to achieve in the future and it may positively affect the HNT token’s price in the following years. However, remember that the crypto market is volatile and sometimes it acts unpredictably. Do your own research before you decide to invest in Helium.

The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Before making decisions, be sure to do your own research on the market and the products you are interested in.


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