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    Cryptocurrencies Honey Finance
    $0.00431788 $ 0.00431788
    +¥5204,24 -9.6% 1D
    1D 1M 1Y ALL
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    • About Honey Finance (HONEY)

      The 24 hour trading volume of Honey Finance is $18.43. The all-time high price of Honey Finance is $0.021190495325 on Oct 14, 2022 (about 2 months). The all-time low price of Honey Finance is $0.000781250716 on Oct 17, 2022 (about 2 months). What is NFT wash trading? Read on to find out how and why people wash trade their NFTs.

    Honey Finance FAQs

    • 1. What determines the price of Honey Finance?
      There are two schools of thought in determining the price of Honey Finance.

      By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Honey Finance, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Honey Finance from a long term perspective.

      By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Honey Finance on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Honey Finance as well.

      HODLers tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Honey Finance and the cryptocurrency market as a whole.
    • 2. What is the highest price of Honey Finance in history?
      Honey Finance achieved the all-time high of $0.021 in 2022-10-14, and is currently trading at $0.0043.
    • 3. What is the lowest price of Honey Finance in history?
      In 2022-10-17, Honey Finance reached the all-time low of $0.00078.
    • 4. Should I buy Honey Finance now?
      It is important to remember that Honey Finance, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.

    Honey Finance Calculator

    Honey Finance HONEY
    1 HONEY≈ $ 0.00431788
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