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Thursday, February 29, 2024
More
    bitcoin
    Bitcoin (BTC) $ 62,452.73
    ethereum
    Ethereum (ETH) $ 3,464.62
    tether
    Tether (USDT) $ 0.996278
    bnb
    BNB (BNB) $ 411.51
    usd-coin
    USDC (USDC) $ 0.998326
    xrp
    XRP (XRP) $ 0.590235
    binance-usd
    BUSD (BUSD) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.126372
    cardano
    Cardano (ADA) $ 0.691121
    solana
    Solana (SOL) $ 128.58
    matic-network
    Polygon (MATIC) $ 1.04
    polkadot
    Polkadot (DOT) $ 8.70
    tron
    TRON (TRX) $ 0.14326

    Hivemapper (HONEY) Worth Surges By 100% After Coinbase Itemizing

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    On Wednesday, January 3, Coinbase, the foremost cryptocurrency change in the USA, made an announcement confirming the inclusion of the Hivemapper (HONEY) altcoin in its roadmap for potential itemizing consideration.

    Asset added to the roadmap at the moment: Hivemapper (HONEY)https://t.co/rRB9d3hSr2

    β€” Coinbase Belongings πŸ›‘οΈπŸ“ž (@CoinbaseAssets) January 3, 2024

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    HONEY, a comparatively small altcoin with a market capitalization of $57 million, at present lacks an inventory on any main cryptocurrency change. The transfer by Coinbase suggests an exploration of potential new additions to its buying and selling platform.

    HONEY Worth Surge

    The Hivemapper (HONEY) Worth immediately shot up by 100% quickly after the Coinbase information. At press time, HONEY is buying and selling 50% up at $0.1901 with a market cap of $86.7 billion. The buying and selling quantity of Hivemapper has skyrocketed by a staggering 1000% within the final 24 hours.

    Coinbase has added help for brand spanking new belongings on the Solana blockchain, together with Hivemapper (HONEY). The choice aligns with Coinbase’s dedication to record belongings that meet its requirements for authorized, compliance, and technical safety.

    The platform goals to help varied networks and ecosystems to supply a various stock of belongings for customers. Coinbase’s choice standards prioritize adherence to supported token requirements, like Solana SPL, Ethereum ERC20, and Avalanche ARC20. The corporate emphasizes its steady efforts to broaden its choices whereas sustaining excessive requirements for safety and compliance.

    About Decentralized Community Hivemapper

    Launched in November 2022, the altcoin Hivemapper (HONEY) distinguishes itself as a decentralized international mapping community, introducing a novel incentive construction known as the Drive-to-Earn mannequin. Underneath this mannequin, community individuals earn rewards for capturing high-volume 4K street-level photos utilizing specialised gadgets.

    See also  COTI Efficiently Deploys Garbled Circuits on Blockchain Forward of V2 Launch

    The picture assortment course of includes distinctive gadgets that mix a digicam designed for street-level picture seize with a Blockchain mining machine, taking the type of 4K Dashcams. Customers outfitted with these cameras interact in mining actions and obtain rewards in Hivemapper’s native cryptocurrency, HONEY.

    On the coronary heart of Hivemapper’s progressive strategy is the Drive-to-Earn mannequin, aligning with the broader development of decentralized and incentivized networks. Contributors actively contribute to the mapping ecosystem by amassing precious 4K photos via Dashcams, fostering a symbiotic relationship between customers and the Hivemapper platform.

    The potential itemizing of altcoin HONEY on Coinbase introduces an intriguing prospect for each the altcoin and its group. Identified for its stringent itemizing course of, Coinbase may convey elevated credibility, belief, and visibility to HONEY within the cryptocurrency house. Such a transfer might tackle present challenges confronted by HONEY, attracting new buyers and merchants to the platform.

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