As the cryptocurrency market experiences fluctuations, attention is drawn to Helium (HNT) amid discussions on whether it could reclaim the $10 mark.

Helium operates as a DePIN network, utilizing a decentralized global network of wireless hotspot providers who also function as miners.

Having dipped to $3.40 last month, HNT witnessed a recovery above $6 last week. However, its price trajectory has since been uncertain, struggling to maintain levels above its 50-day moving average (50DMA), currently positioned at $5.40.

Despite the recent pullback, chart analysis indicates a positive shift, with the March to April bearish trend showing signs of reversal.

To achieve a sustained upward momentum, HNT must surpass key resistance levels, particularly the $6 mark, which would signify a departure from the $5.40 to $5.70 range associated with the 50 and 200DMAs. A breakthrough above $6 could pave the way for a potential climb to the $8 balance zone and eventually $10.

While HNT presents potential for growth, its relatively modest market cap of around $860 million suggests ample room for appreciation, with a $10 target being within reach.

However, it's essential to note that HNT remains a speculative investment, particularly considering its DePIN network has yet to secure widespread global adoption.

Wiener AI (WAI): An Alternative Investment Option

For investors seeking higher-risk, high-reward opportunities, Wiener AI (WAI) presents an intriguing option. This sausage dog-themed meme coin offers AI-enhanced trading capabilities and has already raised over $1 million.

With a presale in progress, investors can acquire WAI tokens at a market cap of around $45 million, potentially experiencing significant returns if the project gains traction in the market.

Moreover, WAI offers staking rewards, with investors currently earning an impressive 817% APY. This passive income potential adds another layer of attractiveness to the investment opportunity.

While HNT remains a focal point for traders, alternatives like WAI offer a different avenue for potential gains in the ever-evolving cryptocurrency landscape.