Crypto Updates

Coinbase Triggers Jump for Solana-Based Altcoin After Placing it on Listing Roadmap

Most Dogecoin Holders Are in Profit While Majority of Shiba Inu Owners Remain Underwater: IntoTheBlock

Top US-based crypto exchange Coinbase is potentially preparing to list a Solana-based (SOL) decentralized wireless provider, catalyzing a price spike for the network’s native altcoin.

In a new announcement, Coinbase says it’s listing Helium Mobile (MOBILE) to its listing roadmap, which alerts traders that the exchange could soon add support for certain digital assets.

“Assets added to the roadmap today: Helium Mobile (MOBILE)”

MOBILE is part of the Helium (HNT) ecosystem, which is an Internet of Things (IoT) network that operates in a decentralized manner. It aims to enable IoT devices connected to the network to communicate and share data by supporting smart contracts and enterprise applications.

The network rewards participants, including those who set up Helium hotspots, with the HNT tokens.

Users of Helium Mobile, which is now available nationwide, can earn rewards and pay for services in MOBILE tokens. The first iteration of the phone plan was rolled out in Miami last year.

As stated by the firm at the time,

“We’re launching in a single city to continue to scale our unique coverage model that combines our partner’s nationwide 5G network with the people-built, open-source Helium Mobile Network.

$5 per month (+taxes and fees) gets you unlimited talk, text, and data. For some of you, that’s up to 95% less than what you’re paying now.”

MOBILE is trading for $0.00271 at time of writing, up 6.7% in the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/vovidzha

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