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Home»Analysis»Solana-Based Altcoin Skyrockets 85% in 24 Hours As Coinbase Adds the Crypto Asset to Listing Roadmap
Analysis

Solana-Based Altcoin Skyrockets 85% in 24 Hours As Coinbase Adds the Crypto Asset to Listing Roadmap

2024-01-04No Comments2 Mins Read
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A Solana-based (SOL) altcoin is surging as the highest US crypto change platform provides it to its itemizing roadmap.

In a brand new announcement, Coinbase says it is going to be including the decentralized world mapping community Hivemapper (HONEY) to its itemizing roadmap, which means it may quickly add assist for it.

The transfer precipitated the digital asset to skyrocket by 85%, going from $0.129 to $0.232 in simply 24 hours.

Coinbase created the roadmap in 2022 as a method of accelerating transparency and decreasing the opportunity of buyers front-running new buying and selling assist bulletins.

Hivemapper, which touts itself as a revolutionary geo-mapping software, works by having contributors accumulate mapping knowledge with dashcams. The contributors would then earn rewards for his or her footage, which in flip results in making a decentralized map.

“Hivemapper is constructing a decentralized world mapping community that rewards its contributors for gathering excessive quantity 4K street-level imagery with dashcams.

Who’re our contributors? Rideshare drivers, supply drivers, fleet homeowners, GIS (geographic data system) lovers, mapping hobbyists, and truck drivers. Contributors can map wherever however can earn money for mapping through dashcam solely in sure cities…

Think about a community of map contributors and map customers intricately related on the Hivemapper blockchain, taking part in a democratized and equitable change of invaluable map knowledge.

By deploying a easy dashcam on a automotive or truck, a contributor can obtain rewards for his or her contributions and share the worth created by a decentralized world map, whereas powering the world’s essential geospatial infrastructure.”

HONEY has since retraced and is shifting for $0.229 at time of writing.

See also  Retail Trading Giant Robinhood Repurchases $605,000,000 Worth of Shares the Feds Seized From Sam Bankman-Fried

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