Decentralized Internet of Things (IoT) project Helium Network (HNT) has undertaken a dramatic +2-% HNT price surge, leaving some asking is it too late to buy Helium?
Helium’s immense rise appears to have been fuelled by a huge surge of interest in the new Helium Mobile launch, which offers US-based users the opportunity to unlock unlimited use across the Helium network for $20 per month.
this is one of the things I am most excited about, because seeing someone build a consumer product on top of @helium is the culmination of almost 11 years of work
thanks @DIMO_Network! super excited to try one of these myself. I have a shiny minivan ready for the task https://t.co/x1rsT9UfrH
— amir (@amirhaleem) December 20, 2023
With the added bonus of enabling users to earn $MOBILE revenue share, traders having been rushing to try-out the latest Web3 innovation.
HNT Price Analysis: Helium Network Explodes Amid Flurry of Interest in $MOBILE
As price action hammers high, Helium Network is currently trading at a market price of $8.99 (representing a 24-hour change of +2.96%).
This comes as HNT price breaks out of more than 15-months of troubled downside price action, which saw a rock-bottom floor price established at $1.33.
Now trading at levels not seen since August 2022, HNT price is attempting to stabilize above the $9 historical support level.
Technical structure has shown resilience with solid footing from the 20DMA (now sat at $5.34) following a golden cross with the 200DMA (now sat at $1.97) in early November.
However, warning signs emerge from the RSI, which has overheated to a significant degree in the midst of the latest pump, now standing at 82 – there is a clear and imminent need for a retracement move.
But this view is conflicted by the MACD which is displaying continual bullish divergence at 0.3643 in a reflection of the serious momentum.
Overall, HNT price looks strong but perhaps over-extended here, with a minor localized retracement to support anticipated.
This leaves HNT with a topside target at psychological resistance around $10 (a possible +8.72%).
While downside risk for HNT could see price tumble to lower support at $7.475 (a potential -18.93%).
Helium Network therefore carries a current risk: reward ratio of 0.46 – a bad entry characterized by downside risk, suggesting it could be too late to buy HNT.
But while Helium price offers a bad entry, an emerging crypto presale is capturing the hearts and minds of smart money investors.
Top HNT Alternative? This GambleFi Crypto Presale Just Accelerated Past $4.92M Raised
As Telegram trading bots and GambleFi dominate September’s narratives, the TG.Casino ($TGC) presale is gaining significant attention – racing to $4,697,701 raised in just a few weeks (79.3% of the total fundraising goal), here’s why it should be on your radar.
TG.Casino isn’t just another quick Telegram bot pump-and-dump it’s an intricately crafted ecosystem that marries the thrill of the crypto casino world with the decentralized edge of blockchain.
By being a fully licensed casino that integrates seamlessly into Telegram, which boasts over 700 million users, the reach and potential are undeniable.
The ease of use, amplified by a no-KYC protocol, makes it an alluring proposition for both novices and crypto veterans with easy onboarding ensuring a seamless road to new user growth.
With a range of offerings, from thousands of live Telegram casino games, slot machines, and table games to an expansive sportsbook, ensures an immersive experience.
And for those keen on kick-starting their journey, the 150% matched deposit bonus on the first deposit plus 500 free spins is the cherry on top.
From a security standpoint, users can rest easy – all data and funds are encrypted, ensuring robust protection against potential threats.
While the $TGC token not only facilitates instant transactions but also serves as the beating heart of this dynamic ecosystem.
Biggest GambleFi Presale TG Casino Presale: TG.Casino APY Outperforms Helium Price Pump
The presale is where things get even more intriguing as the offered staking APY is nothing short of spectacular, standing proudly at 142%.
Given that over a million tokens have been staked within a day of the presale launch, the momentum is palpable.
And a well-conceived buyback mechanism ensures price stability and regular rewards, a win-win for the community.
The $TGC token’s utility is another aspect to spotlight – beyond its primary function in the casino world, its adaptability – be it swapped for gaming credits or other cryptos – adds layers to its potential growth.
Its role in transactions, from deposits to withdrawals, signifies its pivotal role in the TG.Casino framework.
How to Buy TG Casino Early?
Step 1 – Go over to their official website
The first thing you want to get correctly is going over to their official website.
Step 2 – Create a Crypto Wallet
You need to set up a crypto wallet, and it’s important to chose a wallet that supports ERC-20 tokens as this is TGC Standards.
Step 3 – Purchase ETH or USDT
Next is to purchase some Ethereum (ETH) or Tether (USDT), as these are the tokens used to exchange into TGC.
Step 4 – Connect Wallet to Presale Dashboard
Go to TG.Casino’s website and click on the ‘Connect Wallet’ button. A pop-up box will appear, in which investors can choose their wallet provider and link their wallet to the presale dashboard.
Step 5 – Buy TG.Casino Token
Investors will see an order box on-screen where they can either select ETH or USDT (or buy on BSC) to use for the exchange. Investors also need to decide the amount of $TGC coin you want to buy; the minimum investment is 1,000 $TGC. After making sure that everything is accurate, confirm the trade.
Step 6 – Claim TG.Casino Token
Once TG.Casino’s presale has ended, there will be a Token Generation Event (TGE), where investors can claim their purchased tokens by clicking the ‘Claim’ button on TG.Casino’s homepage. That’s all for how to buy TG.Casino.
TG Casino’s Unrivalled Tokenomics Could Trigger Biggest GambleFi Moonshot
To wrap it up, TG.Casino ($TGC) presale is not just an opportunity; it’s a front-row ticket to the future of Telegram GambleFi.
With tokenomics supply – fairly distributed across the presale, liquidity pools, staking rewards, and player rewards – and the additional bolster of TG Casino’s jaw-dropping 142% APY – this project is positioned to become a huge name in the GambleFi vertical.
Its blend of a comprehensive ecosystem, enticing financial benefits, and user-centric approach make it a tantalizing prospect. But as always, arm yourself with research, and here’s to successful ventures ahead!
Dive into the TG.Casino Presale Now.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
The post Is It Too Late to Buy Helium? HNT Price Rockets 20% as a Cutting-Edge Casino Project on Telegram Gains Traction appeared first on Cryptonews.