Helium (HNT) Surges 30% as Uniswap (UNI) Bulls Fight to Reverse a Downward Trend
- PHPzOriginal
- 2024-08-31 03:00:13365browse
In a market where most cryptocurrencies are struggling to find footing, Helium (HNT) has defied the trend with a significant price surge.
Helium (HNT) price surged on August 27, experiencing a 30.24% increase to reach $6.94. This surge pushed HNT's market cap to over $1.1 billion.
Moreover, the asset witnessed a rise in attention, which was evident in the increase of daily trading volume.
Helium's decentralized network model continues to gain traction, particularly among major U.S. carriers, who are exploring the possibility of offloading traffic to the Helium MOBILE network.
This move could lead to substantial savings and improved coverage.
According to Helium's statistics page, the MOBILE network boasts over 20,000 active hotspots, while its IoT solution hosts 360,000 hotspots, rapidly expanding Helium's presence in the wireless infrastructure space.
Furthermore, a 65% surge in total open interest provided additional support for HNT's ongoing price rally.
On the other hand, Uniswap (UNI) encountered difficulties, with its price declining to $4.73 on August 5.
Despite efforts by Uniswap bulls to reverse this trend, the token remained down 3.4% over the past month.
However, a 13.7% gain in the last 14 days offered a glimmer of hope.
Nevertheless, anticipation of Uniswap reaching a new all-time high (ATH) this year appeared overly optimistic.
The previous ATH of $44.92 seemed out of reach for now, given the prevailing market uncertainty.
Uniswap's performance remained closely tied to broader market trends, making its future trajectory difficult to predict.
In contrast to Helium and Uniswap, DigiHorse (DIGI) emerged as a compelling alternative investment, offering a play-to-earn model that enables users to generate real-world earnings by breeding and racing NFT horses.
The first stage of the DigiHorse presale was a resounding success, raising $150,000.
Currently, the second stage is progressing rapidly, having already raised over $22,200 in just a few days.
With a current presale price of $0.004567, early investors are eyeing potential profits of over 1,500% upon the expected listing.
The project's innovative approach, coupled with strong community support and strategic partnerships, positions DigiHorse as a standout opportunity in the play-to-earn gaming sector.
As the presale continues, DigiHorse is poised to attract further interest from investors seeking new opportunities in a volatile market.
Learn More About the Thrilling Opportunities of DigiHorse (DIGI) Presale Now!
Website: www.digihorseempires.io
Socials: https://linktr.ee/digihorseempires
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