Hivemapper (HONEY)
1. Fundamental Analysis
1.1 Introduce
Hivemapper is a decentralized mapping network that relies upon a community of contributors to build the freshest global map. Contributors earn HONEY tokens in exchange for uploading real-time map data, ensuring the map stays updated and accurate, while customers – including 3 of the top 10 global mapping companies – burn HONEY to consume valuable map data. This crowdsourced approach provides a dynamic alternative to traditional mapping services, which often rely on outdated data. Hivemapper s unique model makes it valuable for industries requiring current information, such as logistics, urban planning, and infrastructure development.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | HONEY | Market Cap | 309220638.8 |
| Name | Hivemapper | White Paper | -- |
| Web Site | http://beemaps.com | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.solana.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 10000000000 | |
| Supply | 10000000000 | Release Date | 2023-02-16 |
| Available Supply | 3090970000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line analysis indicates a market that has experienced significant volatility and a strong upward trend in the recent period. The opening and closing prices have been rising consistently over the past few weeks, with a notable increase in trading volume, suggesting a strong buy sentiment. The high and low prices have also been moving upwards, further supporting the bullish trend. However, there are moments of consolidation and pullbacks, indicating potential resistance levels that the market may face in the future. The overall trend is upward, but there are areas of caution due to the volatility and the potential for reversals.
