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Reading: Sui and Helium, two of the top 100 altcoins in terms of market cap and price growth, defy crypto-market downturn and new fundamental developments
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Investor's Crypto Daily > Blog > Headlines > Cryptocurrency News > Sui and Helium, two of the top 100 altcoins in terms of market cap and price growth, defy crypto-market downturn and new fundamental developments
Cryptocurrency News

Sui and Helium, two of the top 100 altcoins in terms of market cap and price growth, defy crypto-market downturn and new fundamental developments

Last updated: August 11, 2024 12:25 am
By Michelle Whelan 2 Min Read
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This week, two top-100 altcoins saw big gains despite the recent crypto market decline.

Helium, a decentralized Internet of Things network (HNT), announced Friday that two large US carriers have begun testing to transfer their traffic over to the Helium MOBILE network.

MOBILE, a decentralized wireless service provider based in Solana (SOL), is part of Helium’s ecosystem. It aims to allow IoT connected devices to share and communicate data through smart contracts and enterprise apps.

Helium’s native HNT token is currently trading for $6.67. Market cap-wise, the 66th most valuable crypto asset has risen by more than 18% over the last 24 hours. It is also up nearly 48 percent in seven days.

The smart contract platform Sui has seen gains since the crypto giant Grayscale launched a trust designed specifically for the native asset of the project earlier this week.

SUI was trading for $0.86 as of the time this article is written. Market cap-wise, the 35th most valuable crypto asset is up nearly 55% over the last seven days and 2.55% within the last 24 hours.

According to CoinGecko, the total crypto market capital is down by 1.18% over the last 24 hours, and 13% or more in the previous two weeks.



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Sources of Images include Pixabay Creative Commons & Midjourney

The post Top 100 Altcoins Sui & Helium Defy Crypto Market Droptick – and Gain in Price Amid New Developments may change as new information becomes available.

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