Hivemapper Price Prediction 2024-2030: Can Honey attain $1?

Check out the Latest Hivemapper Price Predictions and Investment Analysis. Specific forecasts are positioned in the midst of the article

Latest Hivemapper Honey Price

Total Number of Holders:5787, Top 100 Holders: 89.6%

Average Holding of Retail Investors (Other than Top 100): $2426

Hivemapper Price Performance So Far

Last 7 Days +78.7%
Last 30 Days +46.0%
Last 12 Months +237.6%

Hivemapper Honey surged to an all-time excessive because of the Coinbase itemizing and has since retreated to $0.30. What are the alerts?

  • Technical evaluation suggests Hivemapper is Partially Bullish,
  • Social Media Sentiment is up +488% [Was +611%]
  • Trading Volumes have been falling for the final 5 hours

$Honey is more and more turning bearish and will fall as little as $0.27 and even $0.23 if the promoting continues. However, given the numerous whale management, the predictability is low. Trade with care.

Pepe (@XYOPepe) speculates a excessive probability of $honey getting listed on Binance and Kucoin, anticipating a worth surge just like the $bonk itemizing. He suggests a possible 2-3x enhance in worth, doubtlessly rising from $0.30 to a spread of $0.60 – $1.00.

Key statistics

  • Total kilometers mapped – 111 M [+6M in 2 weeks]
  • distinctive kilometers – 7.15 M[+0.27M in 2 weeks]
  • Regions – 1920 [+417 in 2 weeks]
  • Contributors – 38452 [+3858 in 2 weeks]
  • Transactions – 12.99 M [+0.03M in 2 weeks]
  • Yesterday: +14.8%
  • Today: +3.2%
  • change [Adjusting for Buzz]: +448%

Hivemapper Price Prediction: Technical Analysis Today

The RSI(14) at 60.67, the Stochastic %Okay (14, 3, 3) at 26.16, the Commodity Channel Index (20) at 75.96, the Stochastic RSI Fast (3, 3, 14, 14) at 63.25 and the Williams % R (14) at -75.20 all preserve a impartial stance.

The Momentum (10) is at 0.070348, suggesting a promote sign, whereas the MACD Level (12, 26) is at 0.026419, indicating a purchase sign.

The Moving Averages current a bullish outlook.

The Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs) throughout numerous timeframes constantly point out purchase alerts. The EMA(10) and SMA(10) are at 0.297881 and 0.294091 respectively, EMA(20) at 0.275729 and SMA(20) at 0.271110, EMA(30) at 0.260997 and SMA(30) at 0.248956, EMA(50) at 0.241424 and SMA(50) at 0.230029, and each EMA(100) and SMA(100) at 0.208507 and 0.207521. This pattern of purchase alerts for all transferring averages signifies a powerful bullish sentiment out there.

Technical evaluation means that Hivemapper Honey Price is Bullish

Hivemapper Price Prediction 2024-2030, Aggregated

  • Hivemapper Price Prediction 2024 is $0.490
  • Hivemapper Price Prediction 2025 is $0.788
  • Hivemapper Price Prediction 2026 is $0.989
  • Hivemapper Price Prediction 2027 is $1.08
  • Hivemapper Price Prediction 2028 is $1.49
  • Hivemapper Price Prediction 2029 is $2.09
  • Hivemapper Price Prediction 2030 is $2.88

Check out 350 Crypto Price Predictions and Sentiments on 1 page

Hivemapper Price Prediction Today: Bullish or Bearish Sentiment?

UTC: Jan 18th, 2024 12:15 AM

Overall Outlook Partially Bullish
1. Market’s Wisdom Bullish
1a. Market Data Bullish
1b. Technical Recommendation impartial
2. Crowd’s Wisdom Neutral
2a. Social Media Buzz Steady
2b. Social Media Sentiment N/A

Hivemapper Price Prediction: Is Hivemapper a Good Investment?

Hivemapper Inc. has launched the Hivemapper Network, a decentralized international mapping community using blockchain expertise. This community is geared in direction of creating an expansive, community-driven map.

The Hivemapper Network addresses the challenges of the present mapping monopolies, providing a extra dynamic and steadily up to date map. This is achieved by means of using 4K Hivemapper Dashcams, enabling drivers to gather street-level imagery. These dashcams function crypto miners, permitting contributors to earn HONEY tokens for his or her participation.

AI performs a big position within the Hivemapper Network, with AI trainers educating the system to determine and consider street circumstances and constructions. This ensures the maps aren’t solely intensive but in addition correct and up-to-date. The community’s use of blockchain expertise underpins its decentralized nature, guaranteeing open and equitable entry to map information. The platform’s Map AI expertise processes this street-level imagery to determine and catalog options like cease indicators, pace limits, and visitors lights. This wealthy dataset is made accessible by means of APIs. Key functionalities embrace:

  1. The Map Image API, permits customers to view street-level imagery for evaluating street circumstances and figuring out potential hazards in city areas.
  2. The Map Features API, permits customers to catalog city traffic-related options comparable to pace and switch restriction indicators, freeway exits, cease indicators, and visitors lights.
  3. The Bursts function encourages contributors to deal with specific areas that require up to date or further mapping information. It addresses the restrictions of conventional mapping companies that always have outdated info. Users like autonomous car producers and supply companies can request particular, up-to-date map information.
  4. The Scout device is designed for ongoing monitoring of particular areas, monitoring new imagery and modifications within the mapped areas.

Use Cases of the Honey Token

The HONEY token, native to the Hivemapper Network, has a number of use circumstances inside this blockchain-based mapping ecosystem:

  1. Rewarding Contributors: The main use of HONEY tokens is to reward people who contribute to the Hivemapper Network. This consists of drivers utilizing Hivemapper Dashcams to seize and add street-level imagery and customers collaborating in map information verification and modifying.
  2. Accessing Map Data and Services: Businesses, builders, and different customers could require HONEY tokens to entry sure map information or companies inside the Hivemapper ecosystem. This might embrace specialised map information, API entry for integrating maps into functions, or different location-based companies.
  3. Participation in Governance and Decision-Making: In some blockchain networks, native tokens can be utilized for governance, giving token holders a say in selections relating to community upgrades, coverage modifications, or function implementations. While not explicitly acknowledged, it is doable that HONEY tokens could possibly be used equally for the Hivemapper Network.
  4. Community Engagement and Growth: The token can be utilized to foster a way of group amongst customers, doubtlessly getting used for group occasions, and challenges, or as rewards for distinctive contributions to the community.

The Hivemapper Foundation employs a singular Burn and Mint economics mannequin for its HONEY token, designed to take care of a stability between provide and demand on the Hivemapper Network. This mannequin serves two essential participant teams: Map Contributors, who earn HONEY for submitting imagery, and Map Developers, who burn HONEY to entry information for constructing buyer merchandise. Under this Net Emissions Model, when HONEY is burned for information utilization, an equal quantity is re-minted as rewards for contributors, linking community information demand on to rewards and demand for HONEY tokens. The whole HONEY provide is capped at 10 billion, guaranteeing enough provide for community use with out diluting early contributors’ rewards.

Map Credits, important for accessing community information, are generated by burning HONEY. These credit have a set USD worth, guaranteeing secure and predictable map information prices for purchasers. The Hivemapper Foundation units wholesale charges for protocol-level merchandise and constantly evaluates the aggressive panorama. For instance, one Map Credit, costing $0.005 in HONEY, can redeem per week of images from a map hex or all Map Features from one hex.

The pricing mannequin for Map Credits is designed to take care of a set USD price no matter HONEY’s trade fee, guaranteeing predictability for builders and finish customers. The Hivemapper Foundation helps a stage enjoying area for builders by adopting mounted, non-negotiable charges for community merchandise. This system encourages competitors and innovation, with builders free to cost their finish merchandise to cowl prices and revenue.

Overall, it seems HONEY has been a great funding up to now however the aggressive atmosphere means that it’s prone to be a extra average case for investing sooner or later.

Hivemapper Price Prediction: Where to purchase Honey?

$HONEY could be bought on Orca, Jupiter, XT.com, BingX and Raydium

Notes: Please seek the advice of a registered funding advisor to information you in your monetary selections.

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