crypto.news
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.
$HNT tokens rally as market rebounds - 1"> 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.
Read more: Nasdaq repurposes crypto tech for wider financial service uses