Helium Mobile, HNT tokens rally as market rebounds

Helium Mobile (MOBILE) and Helium (HNT) witnessed significant gains over the past day as the market saw a notable boost.

MOBILE is up by 227% in the past 24 hours and is trading at $0.003 at the time of writing. Following the rally, the asset has emerged as the top gainer among the top 300 cryptocurrencies, per data provided by CoinGecko.

MOBILE price – Dec. 14 | Source: CoinGecko

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Helium Mobile’s market cap surged to $220 million, making it the 210th largest cryptocurrency at reporting time. The token’s daily trading volume surged from around $3.8 million to $15.7 million over the past day.

On Dec. 5, Nova Labs, the creator of the open-source Helium network, launched a nationwide data plan in the U.S. Per a crypto.news report, Nova Labs partnered with T-Mobile to launch a $20 per month unlimited phone plan.

MOBILE’s sister coin, HNT, also recorded a 26.3% surge in the past 24 hours and is currently trading at $5.99. HNT’s recent rally helped it gain the 77th spot among the top cryptocurrencies with an $850 million market cap.

The surge comes as the global crypto market sees a significant gain and Bitcoin (BTC) gets close to the $43,000 mark.

Helium’s price witnessed a 50% decline in mid-March after Binance and Binance.US decided to delist the asset.

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