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In an announcement on Wednesday, January 3, crypto trade Coinbase, the main cryptocurrency trade within the United States, has included the Hivemapper (HONEY) altcoin in its roadmap for potential itemizing consideration.

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

— Coinbase Assets 🛡️📞 (@CoinbaseAssets) January 3, 2024

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

HONEY Price Surge

The Hivemapper (HONEY) Price 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 support for new assets on the Solana blockchain, together with Hivemapper (HONEY). The resolution aligns with Coinbase’s dedication to record belongings that meet its requirements for authorized, compliance, and technical safety.

The platform goals to support numerous networks and ecosystems to offer 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 firm emphasizes its steady efforts to increase its choices whereas sustaining excessive requirements for safety and compliance.

About Decentralized Network Hivemapper

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Bhushan is a FinTech fanatic and holds an excellent aptitude in understanding monetary markets. His curiosity in economics and finance draw his consideration in the direction of the brand new rising Blockchain Technology and Cryptocurrency markets. He is constantly in a studying course of and retains himself motivated by sharing his acquired data. In free time he reads thriller fictions novels and generally discover his culinary expertise.

The offered content material could embody the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.