{"id":638056,"date":"2024-08-27T22:00:40","date_gmt":"2024-08-27T22:00:40","guid":{"rendered":"https:\/\/uniquehot.com\/?p=638056"},"modified":"2024-08-27T13:37:26","modified_gmt":"2024-08-27T13:37:26","slug":"helium-development-proposals-ignite-15-hnt-price-rally-details","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/helium-development-proposals-ignite-15-hnt-price-rally-details\/","title":{"rendered":"Helium: Development Proposals Ignite 15% HNT Price Rally &#8211; Details"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Helium (HNT) is continuing its upward trajectory despite the market dip. According to <\/span><a href=\"https:\/\/www.coingecko.com\/coins\/helium\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">CoinGecko<\/span><\/a><span style=\"font-weight: 400\">, the token is up nearly 15% since yesterday, sparked by the recent on-chain developments that will expand on Helium\u2019s decentralized physical infrastructure (DePIN).<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/solanas-popcat-balloons-96-in-a-week-the-new-token-to-watch\/\" target=\"_blank\" rel=\"noopener \">Solana\u2019s Popcat Balloons 96% In A Week \u2013 The New Token To Watch?<\/a><\/div>\n<p><span style=\"font-weight: 400\">Recently, Helium\u2019s official X account announced the voting period for two crucial proposals for Helium Mobile. Aptly named HIP 130 and 131, these two proposals have sparked speculation for HNT\u2019s near-future performance.<\/span><\/p>\n<h2><strong>Helium Proposes New Security Measure Against Malicious Activity<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">HIP 130, titled \u2018Data-Only Hotspots\u2019, <\/span><a href=\"https:\/\/heliumvote.com\/mobile\/proposals\/7w8ZfXuSPPGJmC8goGBjFxpeGb2juSC2JaxfG9JobyxH\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">proposes<\/span><\/a><span style=\"font-weight: 400\"> that the network should expand its reach by using any hotspot that uses passpoint authentication. These devices may come from non-certified Helium Hotspot vendors.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">These new hotspots will act almost exactly as their Helium-made counterparts, except that they will be used to pass already paid-for data. Users of this new type of hotspot will be rewarded with MOBILE, one of the tokens inside the Helium ecosystem.\u00a0<\/span><\/p>\n<figure style=\"width: 1835px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/9NSTkOsN\/\" width=\"1835\" height=\"883\"><figcaption class=\"wp-caption-text\">HNT is currently trading at $6.72. Chart: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">In addition to this, <\/span><a href=\"http:\/\/heliumvote.com\/mobile\/proposa%E2%80%A6\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">HIP 131,<\/span><\/a><span style=\"font-weight: 400\"> named \u2018Bridging the Gap Between Verification Mappers and Anti-Gaming Measures\u2019, will implement a new system to protect the reward system of the network. The proposal is an \u201cextension\u201d of HIP 125 (Temporary Anti-Gaming Measures for Boosted Hexes) and amends the latter to better protect the network.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The new system works by limiting the Oracle Hex boosts in points of interests (PoIs), reducing the rewards multiplier if a hotspot engages in malicious activity. To regain the boost, that hotspot only needs to submit 1 accurate Call Detail Records (CDR).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">As of writing, both proposals are still under voting with only 11 hours left for the community to engage on.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/new-ath-incoming-expert-says-pepe-poised-for-humongous-breakout\/\" target=\"_blank\" rel=\"noopener \">New ATH Incoming? Expert Says PEPE Poised For \u2018Humongous\u2019 Breakout<\/a><\/div>\n<h2><strong>HNT To Stabilize Between $6.8 And $7.5<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">As of writing, the token is trading well between $6.8 and $7.5 with the momentum on the side of the bulls. The current trajectory is eyeing gains well above $8 in the long run. This significant increase in price is accompanied by a proportional increase in HNT\u2019s momentum. However, there might be barriers for the budding rally.<\/span><\/p>\n<p><span style=\"font-weight: 400\">HNT\u2019s position, although great in itself, is barred by the dip in the market that further hinders any increase in momentum. Helium can move by itself\u2013 only by a short while. How short this timeframe may be is up to speculation as it can dip next week or next month.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For now, investors and traders could buy in a small position in HNT while monitoring the broader market sentiment which today, unfortunately, is bearish. Once the situation improves, we will see a rally, breaking through $8 or potentially $10 in the long-term. Until then, caution is the name of the game to protect long-term gains.<\/span><\/p>\n<p><em>Featured image from Fortune, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Helium (HNT) is continuing its upward trajectory despite the market dip. According to CoinGecko, the token is up nearly 15% since yesterday, sparked by the recent on-chain developments that will expand on Helium\u2019s decentralized physical infrastructure (DePIN). Related Reading: Solana\u2019s Popcat Balloons 96% In A Week \u2013 The New Token To Watch? Recently, Helium\u2019s official X account announced the voting period for two crucial proposals for Helium Mobile. Aptly named HIP 130 and 131, these two proposals have sparked speculation for HNT\u2019s near-future performance. Helium Proposes New Security Measure Against Malicious Activity HIP 130, titled \u2018Data-Only Hotspots\u2019, proposes that the network should expand its reach by using any hotspot that uses passpoint authentication. These devices may come from non-certified Helium Hotspot vendors.\u00a0 These new hotspots will act almost exactly as their Helium-made counterparts, except that they will be used to pass already paid-for data. Users of this new type of hotspot will be rewarded with MOBILE, one of the tokens inside the Helium ecosystem.\u00a0 In addition to this, HIP 131, named \u2018Bridging the Gap Between Verification Mappers and Anti-Gaming Measures\u2019, will implement a new system to protect the reward system of the network. The proposal is an \u201cextension\u201d of HIP 125 (Temporary Anti-Gaming Measures for Boosted Hexes) and amends the latter to better protect the network. The new system works by limiting the Oracle Hex boosts in points of interests (PoIs), reducing the rewards multiplier if a hotspot engages in malicious activity. To regain the boost, that hotspot only needs to submit 1 accurate Call Detail Records (CDR).\u00a0 As of writing, both proposals are still under voting with only 11 hours left for the community to engage on. Related Reading: New ATH Incoming? Expert Says PEPE Poised For \u2018Humongous\u2019 Breakout HNT To Stabilize Between $6.8 And $7.5 As of writing, the token is trading well between $6.8 and $7.5 with the momentum on the side of the bulls. The current trajectory is eyeing gains well above $8 in the long run. This significant increase in price is accompanied by a proportional increase in HNT\u2019s momentum. However, there might be barriers for the budding rally. HNT\u2019s position, although great in itself, is barred by the dip in the market that further hinders any increase in momentum. Helium can move by itself\u2013 only by a short while. How short this timeframe may be is up to speculation as it can dip next week or next month. For now, investors and traders could buy in a small position in HNT while monitoring the broader market sentiment which today, unfortunately, is bearish. Once the situation improves, we will see a rally, breaking through $8 or potentially $10 in the long-term. Until then, caution is the name of the game to protect long-term gains. Featured image from Fortune, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":638058,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,428,6664,10818,86754],"class_list":["post-638056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-bitcoin","tag-crypto","tag-helium","tag-hnt"],"acf":[],"yoast_head":"\n<title>Helium: Development Proposals Ignite 15% HNT Price Rally - Details<\/title>\n<meta name=\"description\" content=\"Helium (HNT) is continuing its upward trajectory despite the market dip. 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