Tue, November 26

Helium Mobile Price Skyrockets Amidst Mapping Rewards Rollout

Helium Mobile Price Skyrockets Amidst Mapping Rewards Rollout Altcoin News
  • Helium Mobile offers new members the chance to win mapping rewards during onboarding.
  • Customers may help pinpoint hotspots for Helium use by choosing to utilize the NFT.

An estimated 8,000 customers have signed up for Helium Mobile’s $20 per month unlimited mobile services since the mobile virtual network operator (MVNO) recently launched the plan in the U.S.

Helium Mobile offers new members the chance to win “mapping rewards” during onboarding if they share their phone’s session connection data with the company. During the last day, the price of Helium Mobile (MOBILE) has jumped 65%. Moreover, the trading volume is up 245%.

Innovative Approach

In the event that users provide their consent, a non-fungible token (NFT) is created and added to their Helium wallet on Solana. Those who own this NFT will be entitled to a piece of the $MOBILE mapping incentives, which amount to 20% of the total.

Helium Mobile users have the opportunity to earn $MOBILE incentives, just by installing a location-monitoring NFT on their phones. These smartphones include a built-in Helium wallet that is compatible with the Solana blockchain. Helium Mobile distinguishes out because of its innovative take on mobile phone service.

Customers may help pinpoint hotspots for Helium use by choosing to utilize the NFT. Helium Mobile may exploit this information to its advantage by suggesting hotspot deployments in certain regions, which will lower T-Mobile’s MVNO network-usage charges.

Source: CoinMarketCap

The price managed to reach $0.0077 today but faced minor correction. At the time of writing, MOBILE is trading at $0.00636, up 65% in the last 24 hours and 785% in the last 7 days as per data from CoinMarketCap.

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