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The Helium network’s HNT token is trading at a massive profit this week. What are the prospects for this asset as investors continue to look for profit, and is there a new crypto project promising a good return in 2023?
HNT Price Action
At press time, the HNT token trades at $2.14. The digital asset is trading at a 27% surge in the past 24 hours, beating the broader market, which is down by 0.18% in the same period.
HNT’s price surge has done well for the asset’s technicals. HNT is now trading above its major moving average (MA) indicators, and its positive moving average convergence and divergence (MACD) also shows that it is giving off a buy signal.
However, investors should note that the broader market’s bearish trend move may continue to have an effect on the HNT price. Major coins have been trading at discounts in the last 24 hours, indicating that investors need to take caution.
A Growing Use Case
The Helium Network is a decentralized peer-to-peer wireless network that is looking to transform networking in its entirety. Backed by Andreessen Horowitz, the platform uses a revolutionary decentralized infrastructure powered by hotspots. These hotspots are connected to the Helium blockchain, and they offer accessibility and range without having to rely on cell towers like major cellular operators.
This month, Helium inked a major partnership with NanoThings – a long-range sensor company – to transmit sensor data for its real-time data tracking application. The partnership will see Helium deliver accurate information for stationary and in-transit use cases, with the platform building on NanoThings’ technology.
CCHG: A New Future for Electric Vehicles
HNT’s price surge has been impressive. However, as investors continue to look for solid assets and use cases, one new presale that has many excited is C+Charge.
C+Charge is looking to disrupt the electric vehicle market. With these vehicles being in higher demand than ever, the platform hopes to help drivers contribute to a more sustainable environment while improving the ease and efficiency with which they can charge their vehicles.
C+Charge was built on the belief that the future of electric vehicles is on the blockchain. The platform aims to build a peer-to-peer payment system that allows electric vehicle drivers to access carbon credits and charging stations for such transactions.
♻️At C+Charge, we offer you an easy and transparent way to assist your #EV charging experience and reduce carbon emissions
Join our presale now
👉🏼https://t.co/ixe18bPqzI— C+Charge (@C_Charge_Token) December 21, 2022
The platform is building a long-term use case, allowing drivers to use carbon credits to charge their electric vehicles. With the CCHG token, investors can back an asset that isn’t only good for the environment but also help them to earn profits. CCHG is a deflationary token, meaning that tokens will be removed from circulation as soon as they are used to charge EVs.
CCHG is also looking to replace point-of-sale (PoS) terminals, providing an affordable and reliable means of processing payments and charging electric vehicles.
🎉🤩The Presale Is Officially Live🎉🤩
Starting price: 1 $CCHG = $0.01300
Follow the link below and buy $CCHG now! ⬇️🚀https://t.co/ixe18bPqzI pic.twitter.com/XuI6EEAlWz
— C+Charge (@C_Charge_Token) December 15, 2022
At the moment, the CCHG presale is in its first stage for just $0.0013. The presale consists of four stages, with the coin’s value increasing by 80% to $0.0235 at the end.
Related News
- Helium Foundation executive responds to Binance delisting HNT token
- Helium Price Prediction for Today, September 29: HNT/USD Ranges; Price Trades at $5.0
- Internet of Things (IoT) Tokens Price Prediction: VET, MIOTA, HNT, and IOTX
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