investor: News of Helium Mobile (MOBILE) - July 2024 Price Update - 7.15% Breakout Crypto News and Analysis

Spot the Main Event:

Two years ago, Helium introduced the Network of Networks, a platform designed to launch complementary, distinctive, decentralized networks. On the 1st of July,2024, the Foundation is excited to formally expand the mission of its scope beyond decentralized wireless to decentralized physical infrastructure networks (DePINs). Doing so will increase value to the community and all the beneficiaries of cost-effective open networks. This expansion in their ecosystem caught the eyes of investors who sees a promising for Helium network, compelling them to invest in helium ecosystem, here by spiking the value of helium, due to high buy in's by this investors.

Professional Author and Crypto Trader

Spot the Main Event:

The major reason for the current increase in the price of the token is the announcement of their expansion. This would get the interest of Web3 enthusiasts and Investors, especially as the DePin sector in the Web3 Space is one that's been widely accepted lately

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.