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Top-100 Altcoins Sui and Helium Defy Crypto Market Downtick and Surge in Price Amid New Fundamental Developments

August 11, 2024
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Top-100 Altcoins Sui and Helium Defy Crypto Market Downtick and Surge in Price Amid New Fundamental Developments

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Two top-100 altcoins defied the crypto market downtick and witnessed massive positive factors this week amid new elementary developments.

The decentralized Web of Issues (IoT) community Helium (HNT) announced on Friday that “two massive US carriers” kicked off assessments to unload their visitors onto the Helium MOBILE Community.

MOBILE is a Solana-based (SOL) decentralized wi-fi supplier that’s a part of the Helium ecosystem, which goals to allow IoT gadgets related to the community to speak and share knowledge by supporting good contracts and enterprise purposes.

HNT, Helium’s native token, is buying and selling at $6.67 at time of writing. The 66th-ranked crypto asset by market cap is up greater than 18% previously 24 hours and almost 48% previously seven days.

In the meantime, the good contract platform Sui (SUI) witnessed positive factors after the crypto large Grayscale announced earlier this week that it was launching a belief particularly designed for the mission’s native asset.

SUI is buying and selling at $0.86 at time of writing. The Thirty fifth-ranked crypto asset by market cap is up 2.55% previously 24 hours and almost 55% previously seven days.

By comparability, the general crypto market cap is down 1.18% previously 24 hours and greater than 13% previously two weeks, in keeping with CoinGecko.

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