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Home»ALTCOIN NEWS»Solana-based mobile altcoin project falls more than 10% after Coinbase launch
ALTCOIN NEWS

Solana-based mobile altcoin project falls more than 10% after Coinbase launch

By Crypto FlexsFebruary 24, 20242 Mins Read
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Solana-based mobile altcoin project falls more than 10% after Coinbase launch
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The native token of the Solana (SOL)-based decentralized wireless provider is falling in price following its launch on Coinbase, the leading U.S. cryptocurrency exchange platform.

Helium Mobile (HELIUM), a wireless phone service that encourages users to network to earn rewards, is now fully live, according to Coinbase. Supported On the trading platform.

“Helium Mobile (MOBILE) is now available on coinbase.com and the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.”

According to the listing news, HELIUM price is down more than 10% from the 7-day high of $0.0042 set on February 22 to trading at $0.0036 at the time of writing.

Part of the Internet of Things (IoT) network and marketed as an affordable, low-cost alternative to traditional wireless carriers, MOBILE allows users to use their phones to check out or map Helium’s 5G network and earn rewards.

“Helium Mobile users can earn mobile rewards by identifying the Helium 5G network on their phone (called “mapping”). Network Mapping is an optional program available on Helium Mobile plans.”

First launched in Miami last year, Helium Mobile is now available nationwide.

Earlier this month, Coinbase announced that it would be adding MOBILE to its listing roadmap, signaling to investors that the cryptocurrency exchange could soon list the asset, potentially sending the digital asset up nearly 7%.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may incur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Featured image: Shutterstock/Salamahin/Paul Fleet

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