Over the past month, the price of Helium Mobile has surged by nearly 125%, reaching $0.0022 on December 1st.
However, in the last 24 hours, the token’s value has dipped by approximately 1.5%. At the time of writing, Helium Mobile (MOBILE) is trading at $0.00134. The token reached its all-time high of $0.00779 about a year ago, in December 2023.
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What is the Helium Mobile price prediction for the end of 2024 and beyond? And what is Helium Mobile?
What is Helium Mobile?
Helium Mobile is a mobile network service built on decentralized technology, officially launched in December 2023. It integrates the Helium Network’s peer-to-peer infrastructure with the Solana blockchain and partners with T-Mobile for 5G connectivity.
Helium Mobile’s token is the network’s built-in cryptocurrency, operating on the Solana blockchain. It plays a key role in incentivizing users to expand the decentralized mobile service and improve connectivity.
Its primary purpose is to incentivize users to expand the network by deploying personal 5G hotspots. Helium hotspots serve as localized cell towers, enhancing network infrastructure. Participants who deploy these hotspots are compensated with MOBILE tokens, which may be utilized within Helium’s ecosystem or traded externally.
The token supports various use cases, including enabling decentralized connectivity solutions for IoT devices, package tracking, drone navigation, and even lost pet recovery. As more participants join, the network grows stronger, fostering a community-driven, decentralized mobile infrastructure.
What can we expect from MOBILE in the future? Let’s turn to the Helium Mobile crypto price prediction.
