HeliumSetup - Mike 🎈

Trader ➡️ Miner/ Real Estate Developer. Updates, equipment for the IOT /Mobile, Helium/Nova Labs - LG!!🎈#HONEY #HNT

[HeliumSetup - Mike 🎈 @heliumsetup]

$HNT just doubled.
Helium ripped from about $0.21 to ~$0.42 on Aug 29 — roughly +80% to +100% in 24 hours, ~+100% on the week, and ~+130% on the month.

Volume exploded to $35M–$50M+, more than half the market cap. Cap jumped toward ~$75–80M. Shorts got squeezed.

This is not a random altcoin candle.
The spark: Celina, Texas — the fastest-growing U.S. city over 20,000 people (+24.6% in a year). They turned city Wi-Fi they already owned (library, senior center, downtown shops) into carrier coverage. No new towers. Phones connect automatically. Those sites are already moving ~100 GB/day.

Traders didn’t buy 100 gigabytes. They bought the template: cities can flip existing Wi-Fi into cell service, and $HNT is the token that settles that traffic.
Stay honest: HNT is still ~85% down on the year and ~99% below the 2021 ATH near $55. This is a violent bounce, not a new cycle high.

Why the token actually matters
Helium launched July 29, 2019. No pre-mine. First product: LoRaWAN IoT. 2021 was a hotspot gold rush and Proof-of-Coverage farming. Then the crash, HIP-51, and the April 18, 2023 move to Solana.
The product that survived is Wi-Fi carrier offload: phone sees a Helium AP → offloads automatically → carrier pays → HNT is burned for Data Credits → deployers earn.

That’s how real carrier traffic uses the network. Helium sold the consumer MVNO to Noble Mobile in 2026 and kept the infrastructure layer. The SEC’s unregistered-securities claims against HNT were dismissed with prejudice.
Under this pump: • HIP-149 ties Mobile pay to real usage ($0.05/GB floor). PoC-as-welfare is being retired. • Offload was repriced to commercial rates ($0.10/GB). Traffic held. • Mobile is ~99% of protocol revenue. ~2.88M daily users. 40,000+ U.S. locations.

The loop that makes HNT powerful
Usage forces a burn. Data Credits are USD-pegged and created by destroying HNT. Halvings run on a 2-year schedule (7.5M/year as of Aug 2025). Circulating supply is ~186M.
Deployers build coverage → phones use it → carriers pay → HNT burns → useful Hotspots get paid → more coverage gets built.
That’s a work token on physical infrastructure.

The 2021 crowd bought a map that turned green. The 2026 crowd is buying whether phones leave a tower and land on a people’s Hotspot.
Not financial advice. Read the HIPs.
$HNT $SOL #HNT #Helium #DePIN #Solana #Crypto #Altcoins #CryptoNews

[HeliumSetup - Mike 🎈 @heliumsetup]

$TRV Travelers

Another $1.4M traded on the Feb $290 puts yesterday and almost all added to open interest. IV staying elevated.

Stock bounced back yesterday’s but got to think traders not adding almost $3.5m in premium for 2 days now for no reason.

Staying cautious ⚠️📉 NFA

[HeliumSetup - Mike 🎈 @heliumsetup]

$TRV Travelers

Over $2 million traded on the Feb $290 puts

TRV $290P 02/20/2026

28X normal volume

Many insurance companies hit apparently due to new OpenAI insurance add on

$TRV had some cluster insider sales filed today from top execs too.

Caution if long ⚠️ 🩸🩸

[HeliumSetup - Mike 🎈 @heliumsetup]

$TRV Travelers

Over $2 million traded on the Feb $290 puts

TRV $290P 02/20/2026

28X normal volume

Many insurance companies hit apparently due to new OpenAI insurance add on

$TRV had some cluster insider sales filed today from top execs too.

Caution if long ⚠️ 🩸🩸

[HeliumSetup - Mike 🎈 @heliumsetup]

@sspencer_smb No please don’t stop. Your posts are amazing!! Thanks for sharing

[HeliumSetup - Mike 🎈 @heliumsetup]

@aelluswamy @Tesla_AI @elonmusk
Very concerning- FSD disengages consistently & forces driver to take over SB 101 before Hollywood Blvd exit (Los Angeles) - FSD no longer available for rest of drive. This Happened 4 times already at exact same location. Map issue? HW4 Model Y

[HeliumSetup - Mike 🎈 @heliumsetup]

This has to be one of the most based statements I’ve ever heard from a very knowledgeable trader.

This is the Trading Game.

Keep emotions out of it. How? Size trades smaller or you WILL eventually blow your account!

[Steven Spencer @sspencer_smb]

--As a trader part of what you're trying to do is extract $$ from the greed and panic of other market participants.
--If you don't have a good trade plan eventually you may become the one overcome by greed or panic...

[Cheddar Flow @CheddarFlow]

BofA is expecting a US productivity boom, due to AI & technology adoption

[HeliumSetup - Mike 🎈 @heliumsetup]

@sspencer_smb Nice call and trade 👌🏽👌🏽👌🏽

[HeliumSetup - Mike 🎈 @heliumsetup]

@traderstewie $OKLO

[Austin Nissly @atnissly]

LA City Council meeting Wednesday, 11/12 at 10am.

They want to cap rent increases at 1.8% while water bills are up 20%+. This is taking of private property & they won’t stop at real estate. It will discourage builders from investing, hiring, and building new housing. This means less jobs and tax revenue for LA.

Call and email the members who are on the fence:

Imelda Padilla 
213-473-7006
[email protected]

Katy Yaroslavsky 
213-473-7005
[email protected]

Adrian Nazarian 
213-473-7002
[email protected]

Show up in person: 
193 N. Main St., LA, CA 90012
John Ferraro Council Chamber (3rd floor)
Item 47

Parking:
221 N. Los Angeles St., LA, CA 90012
243 S. Spring St., LA, CA 90012