The price of helium (HNT), the native token of Helium, a developer of a "decentralized wireless infrastructure," seems to be moving together with the market despite the recent reports suggesting that the project promoted fake partnerships with two major tech companies who say they are not collaborating with Helium’s parent company.
Since July 29, when the reports first appeared, HNT was even moving higher before correcting lower on Sunday as the whole crypto market trimmed its gains.
HNT price chart:
At 08:39 UTC, HNT, ranked 52nd by market capitalization on CoinGecko.com, traded at USD 9.26 and was down almost 2% in a day and was unchanged in a week. The price was also up almost 2% in a month and down 33% in a week.
The wireless network service boasted rideshare business Lime and leading customer relationship management specialist Salesforce were among its prime customers, and included their logos on its website. This claim, however, has been rejected by both companies.
“Beyond an...
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