This Altcoin Switched to Solana Network Increased 370 Percent!

The world’s largest cryptocurrency exchange Binance some of his periodic reviews altcoinIt delists by deciding that they do not meet the required criteria.

One of these altcoins Helium (HNT) had happened.

Binance announced in mid-March that it had delisted HNT before switching to the Helium Solana network.

According to the news of Coindesk, last week Left (LEFT) Helium passed into its network, “Helium IOT” released a new token called the IOT token, which has increased by over 370% in the last 24 hours after Helium migrated to the Solana network.

It was stated that the IOT, the protocol token of the Helium internet network, will always be backed by the Helium Network’s HNT token and can always be converted to HNT with the redemption rate algorithmically adjusted by the treasury swap contract.

Also in the news wither It was also stated that the DeFi-based protocol Kamino Finance has set up two Helium vaults that allow investors to stake IOT and HNT tokens to earn returns.

According to data from CoinMarketCap, there has been a 150% increase in the last 24 hours. Helium IOTcontinues to trade at $ 0.002283 at the time of writing.

*Not investment advice.

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