Helium (CCC:HNT-USD) could turn out to be one of the most lucrative investments in the crypto space. The coin fills its own niche, and it is a niche whose usefulness will become more and more important as humans step into the digital age. Providing the internet to the masses via blockchain is a daunting and ambitious task, but if it delivers on its promises, Helium will deliver something truly impressive. So it’s no wonder that helium (HNT) price predictions are heating up ahead of a big launch this week.
Helium promises its users something more rewarding than a simple arbitrage coin – something you keep and then sell if it rises. Rather, the network tries to connect citizens to the internet through shared hot spots. Helium users can purchase physical access points, which connect other local users to a WiFi signal. As the host, the hotspot owners generate their own passive income by providing the service.
Soon, Helium takes its innovative model to new heights. The next few days will see Helium roll out its 5G hotspots. The product will be one of the broadest attempts to get 5G into the hands of as many users as possible since its inception. As such, there is a great amount of hype surrounding the launch. The helium will make 20,000 hotspots available for purchase, and they are sure to be quickly retrieved.
Helium (HNT) price predictions heat up ahead of 5G launch
With blockchain-powered 5G hotspots on the horizon, investors have the opportunity to profit from both the cryptocurrency and 5G sectors. Of course, the launch creates a lot of hype for the helium coin. Even though the coin is down 10% this morning, many are researching their helium price forecast (HNT) to see what the long-term outlook for the network looks like.
How could Helium benefit from its biggest product launch to date? Let’s see what analysts think about the future of the network:
- WalletInvestor is confident that helium will experience a strong upward trend over the next year. By September 2022, the site believes HNT will peak at nearly $ 38.
- Gov Capital is even more optimistic. Around the same time next year, the outlet is forecasting a whopping $ 71 price tag for helium parts.
- DigitalCoinPrice believes Helium will end 2021 on a solid basis. At the end of December, the outlet suggests that HNT will be worth $ 29.61.
At the time of publication, Brenden Rearick had (directly or indirectly) no position in any of the stocks mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com Publication guidelines.