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Saturday, June 19, 2021

Trending Crypto Coins Today: Theta Fuel (TFUEL), VITE (VITE), Helium (HNT)

Theta Fuel (TFUEL), Vite (VITE) and Helium (HNT) had been operating at lower price levels in 2020 but all three coins achieved phenomenal growth in the new year while establishing their all-time highs at the current price levels. Furthermore, Theta Fuel, Vite and Helium are still continuing their upward trajectories. The coins are, most likely, going to reach higher highs at the rate they are operating.


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Theta Fuel (TFUEL)

Theta Fuel (TFUEL) started off with a price level of $0.008 last year and is now trading at its all-time high current price of $0.29. in the 24-hour timeframe, the price of the cryptocurrency saw a 55% positive change while the trading volume increased by a whopping 537%. Theta Fuel is ranked at 55th with a market capitalisation of around $1.4 billion. The market capitalization of the coin, too, observed an increase of around 50%.

Theta Fuel is one of the two tokens utilized of the video delivery block chain – Theta. Theta Fuel is the gas token of the platform. The market sentiment for Theta Fuel. Is bullish as a majority of the technical indicators are standing at a buy position.

Vite (VITE)

VITE started with $0.016 and is at its current all-time high of $0.15. Similar to Theta Fuel, Vite’s technicals also saw a positive shift. The price increased by 100% while the trading volume increased by around 600% in the daily window. Although the coin is ranked at 375, the market capitalization increased by almost 100% and further increases are expected.

VITE coin is used on the Vite platform that employs Directed Acyclic Graphs in order to eliminate the transaction fees on the platform. The future outlook of cryptocurrency is good. As of now, buyers have dominated the market and technical indicators are giving out bullish signals.

Helium (HNT)

In 2020, the performance of the cryptocurrency suffered and it even stooped lower than the $1 mark. However, Helium picked up from a price level of $1.2 to $6.51. On a sharp upward trajectory, the cryptocurrency has broken it’s all-time high and continues upwards. The price of the cryptocurrency observed a 28% increase while the daily trading volume increased by a phenomenal 1480%. Ranked at 103 in terms of market capitalization, the market cap of the cryptocurrency also improved by 35%.

The Helium platform serves to provide a bridge between the many devices on the Internet of Things (IoT). The cryptocurrency has good potential as the price of Helium exploded in the current bull run. The market sentiment for Helium is strongly bullish with a majority of traders aiming for a long position.

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Muskan Naveed
Muskan is an economist-in-the-making with a knack for writing. What started off as a hobby has now turned into a possible career path. She specialises in fin-tech but would never say no to writing.

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