![new tokens new tokens](https://coinappraiser.com/wp-content/uploads/2017/04/HT-295-r.jpeg)
While HNT is rising in anticipation of Helium's new phase, it might become less frequently mined if more and more of Helium's node operators prefer to mine for MOBILE instead. What does this mean for HNT? HNT going forwardĪs the Helium blockchain transitions itself into a wider-reaching ecosystem, developing its own DAO through which the community can govern the network's protocols, HNT is intended to become a "reserve currency," while MOBILE will be the major reward for 5G node operators, and IOT will allow users to earn currency for the original LoRaWAN network. In order to further incentivize more individuals to contribute to Helium's network by operating their own nodes, Helium is releasing two new types of cryptocurrencies that will be rewarded to miners instead of HNT. With Helium upping its connectivity game with 5G capability, the connection speeds between devices on Helium's network will increase drastically. This is essentially every device that communicates with another over the internet. Helium's mission is to improve the connectivity between devices on the Internet of Things, or IoT. These set-ups provide coverage for the Helium network and also mine for HNT. On the Helium network, participants use their own hotspots, which consist of a network gateway and a crypto miner. The rise and fall of HNT, MOBILE, and IOT all rely on the success of Helium's mission. The Helium network plans to turn HNT into a reserve currency, placing more focus on its new cryptocurrencies. These new tokens, MOBILE and IOT, will launch later this month and in August respectively, and will further the mission of Helium by further incentivizing node operators to contribute coverage to Helium's network. HNT, the native token of the Helium blockchain, has gained 20% today as the organization releases new information about two forthcoming cryptocurrencies. The Ascent's best crypto apps for 2022 (Bonuses, $0 commissions, and more)