Seems like MOBILE (the 22.8m$ one) is a subtoken of HNT
“Other subnetwork tokens, such as IoT and MOBILE, derive their value from HNT as they can be redeemed for it. To utilize the network, HNT must be burned.”
So it’s likely MOBILE and IoT will never have significant value or get listed beyond where it is now, just fyi
So buy HNT not MOBILE
Pretty sure Helium has 2 tokens, one is listed as HNT (#130 on Coingecko) & MOBILE (unlisted but the 22.8m$ you noted)
However HNT seems to be their primary token if I’m not mistaken according to their own blog: https://blog.helium.com/a-new-era-for-helium-begins-with-upgrade-to-solana-blockchain-88b742276ec1
HNT is already 400m$ marketcap & is on CEXs as well as DEXs. The MOBILE token you noted might be defunct
Also of note Helium has exit scammed quite a few times: https://www.reddit.com/r/CryptoCurrency/s/tYVPgBpvGa
TLDR; Helium was founded mid 2010s, failed as a mobile network, pivoted to crypto in 2019. Launched their own blockchain w/ HNT as their token, exit scammed a majority of money to their founders & insiders by 2022. Switched to Solana network in 2023.
I don’t have a strong opinion on Helium but it’s history is questionable at best, and they seem to be more hype & tokens than usage