One Solana-based (SOL) altcoin is surging simply after the highest US crypto change platform Coinbase introduced it might be formally itemizing it.
Earlier this week, Coinbase introduced that it might be supporting Hivemapper (HONEY), a decentralized world mapping community constructed over the Solana blockchain.
“Hivemapper (HONEY) is now reside on http://coinbase.com and within the Coinbase iOS and Android apps. Coinbase clients can log in to purchase, promote, convert, ship, obtain or retailer these belongings.”
Hivemapper, which describes itself as a revolutionary map-building software, works by having customers drive round and gather information utilizing easy dashcams. The information would then be used to assemble a world decentralized map and people who participated in gathering the information would earn financial rewards for his or her efforts.
The announcement by Coinbase brought about the digital foreign money to surge to a worth of $0.337 on January seventeenth. Nonetheless, the asset has since retracted and is buying and selling for $0.30 at time of writing, a 5% lower over the last 24 hours however a 22% improve since earlier this morning when it was buying and selling for $0.240.
Earlier this yr, Coinbase introduced that it might be including Hivemapper to its itemizing roadmap, which the crypto change makes use of to extend transparency with merchants and to counter the front-running of digital belongings.
At the moment, HONEY jumped a staggering 85%, going from $0.129 to $0.232 in simply 24 hours.
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