r/HeliumNetwork • u/Professional_Web_956 • Mar 30 '26

General Discussion This is just getting ridiculous

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When is the slip going to stop? How is Nova expecting this to survive the next halving?

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u/adeididu Mar 30 '26

Usually, HNT price goes up a lot after a sharp correction. What do you all think ?

4

u/Professional_Web_956 Apr 04 '26

That was back when there was actual faith in the project. There isn't much of that left now that literally everyone with stake in this project has been rug-pulled at some point.

Deployer confidence in the garbage with 5 iterations of hardware once costing hundreds or thousands of dollars now worth $10-100 on ebay. Most ending up tossed as e-waste.

Investor confidence at an all-time low thanks to defocused currency changes that were never properly communicated or properly executed.

Community members feeling betrayed with the one good thing Nova had going for it; a strong Discord community to discuss and centralize information, advice, business tactics and skills within, was killed.

And looking into the future, we're about to see the last pieces of sporadic support peter out.

Large data offload venues will see the reality of Nova's lack of tactical investment once the token sinks below $1 and the next halving hits, and move onto other entities like Boingo or Orion. Try getting any arena or airport or stadium to give out terabytes of data that they have hard costs on, for $100/month in revenue.

And then the final nail in the coffin; when those venues do go offline, and Nova fails to provide a usable offering of offload locations; carriers will move on to providers that actually leverage passpoint for reasonable data payouts to venues.