Helium boasts of increased usage, but there’s more than meets the eye

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Helium boasts of increased usage, but there’s more than meets the eye
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The Helium Network, which garnered a lot of interest after its migration to Solana, witnessed a massive uptick in terms of its usage and other metrics over the past year. Here’s AMBCrypto’s Price Prediction for Helium for 2022-2023 In a twitter thread posted on the 6 November, the Helium Foundation released some data about its […]

, a social media analytics firm, the number of engagements grew by 72.5% over the last week.

However, the weighted sentiment against Helium continued to decline. As evidenced by the chart below, it can be seen that over the past month, the sentiment for Helium has declined. This indicated that the crypto community had more negative than positive things to say about the Helium network.At the time of writing, Helium was trading at $3.88. Its price depreciated by 17.18% since 18 October. HNT tested the $3.805 support twice over the past week.

The RSI indicator was at 38.67, at the time of writing. Thus, implying that the momentum was with the sellers. However, the CMF registered an uptick and was at 0.23 at press time which could suggest a positive outlook for the price in the coming future.From the image below, it can be seen that HBAR’s volatility depreciated significantly over the past month. Thereby, implying that buying the coin at the current market price would be less risky for potential investors.of the overall crypto market.

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