Crypto is following the 2020 script.
(I just wrote about this here.)
And that means the crypto bull market is about to shift into high gear.
Here’s my top crypto to buy right now…
Helium crypto — building the fastest-growing wireless network ever.
Five years ago, Helium (HNT) was just another failed wireless startup.
Today, Helium deployed 1 million Hotspots in over 200 countries. Helium is the fastest-growing wireless network in history.
How did it turn the ship around?
In 2019 Helium decided it needed a way to reward hotspot owners for providing internet coverage.
Helium discovered crypto tokens were the only way to achieve its mission.
Helium debuted its HNT crypto token in 2019. Hotspot owners would earn HNT for providing wireless coverage. These tokens could then be exchanged for real US dollars.
The creation of HNT was genius. The ability to earn tokens incentivized individuals to buy and maintain not just one, but multiple hotspots. After all, those Helium hotspots in your living room would be minting money.
Giving folks a stake in Helium was the perfect motivator to get them to grow the network.
Fast forward to today… Helium has created the largest IoT network in the world without laying a single cable. You can found it in every US state and almost every major city in the world, as you can see:
Source: Helium
From IoT to 5G
Alongside its IoT network, Helium is building out a fifth-generation wireless technology (5G) grid.
You may know 5G is blisteringly fast, but the signal only reaches short distances. Signals only reach up to 1,500 feet if unobstructed. In cities, with lots of buildings, a more realistic estimate is 300–500 feet. That means 5G needs hundreds of thousands of “mini” cell towers to work.
Doesn’t 5G sound perfect for Helium?
Helium started shipping 5G-enabled in 2021. It deployed tens of thousands 5G hotpots since.
5G has been a real money maker for Helium. Two of the three largest cell carriers in America — T-Mobile and Verizon — are offloading excess traffic to Helium’s 5G cells. Helium makes over $10,000 in revenue every day from these deals.
Helium price stayed resilient during the recent crypto sell-off.
Bitcoin and the rest of the has been basically flat for the last 3 months.
But not Helium.
While BTC notched just 10% since July, HNT is up 120%.
During this consolidation, BTC crashed 32% at some point.
Whenever you hit volatility in any market, not just crypto market, you want to look for assets that hold up while everything else declines. And that’s what I see Helium crypto doing.
It’s also worth noting HNT is up 400% over the past 12 months, while bitcoin is up just 130%.
How much money to allocate to Helium (HNT)?
In my RiskHedge Venture crypto advisory, we recommend adopting the the lopside barbell strategy.
The barbell strategy is a portfolio construction tool that strikes the right balance between risk and reward. It does so by investing in two distinct types of assets, on both extremes. On one end, you have “safer” assets like Ethereum and Solana. You would put the majority (75% to 90%) of your crypto investments in the safer portion.
The other 10% to 25% would be allocated to “higher-upside” assets like Helium, Render, or Hivemapper.
So, your crypto portfolio would resemble a lopsided barbell:
Bottom line: Put some money into Helium (HNT). It’s my top crypto to buy right now.
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P.S: For more insights and analysis, subscribe to my investing letter The Jolt⚡.
I publish fresh research on cryptocurrencies and stocks every M/W/F.
— Stephen McBride, Chief Analyst at RiskHedge
My top crypto to buy right now… was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.