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    Honey

    HNY

    Rank #8019

    $11.12

    -1.079%
    24H Low$10.81
    $11.2424H High
    24H Volume
    $12627.8
    All-Time High(ATH)
    $2187.59
    All-Time Low(ATL)
    $0.1851
    Market Cap
    $--
    Fully Diluted Valuation
    $405764
    Market Cap/FDV
    Circulating Supply
    -- HNY
    Total Supply
    36489.98 HNY
    Max Supply
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Honey (HNY) Price Trends

    Time period
    Change amount
    % Change
    1H
    $--
    -0.027%
    24H
    $-0.1200
    -1.08%
    7D
    $-0.01000
    -0.13%
    30D
    $-1.76
    -13.67%
    1Y
    $-1.13
    -9.22%

    Live Honey (HNY) Price Update

    Honey price today is $11.12 with a 24-hour trading volume of $12627.8, and as such Honey has a market cap of $--, giving it a market dominance of 1.39%. The Honey price moved -1.08% in the last 24 hours.

    Honey reached its highest price on 2021-09-06 when it was trading at its all-time high of $2187.59, while its lowest price was recorded on 2021-09-13 when it was trading at its all-time low of $0.1851. The current lowest price since the last cycle high was $0.1851, and the highest price since the last cycle low was $2187.59. The social sentiment of Honey is currently Positive.

    The current circulating supply of Honey is $-- HNY. In terms of market cap, Honey is currently ranked 8019.

    About Honey (HNY)

    1Hive is a DAO that issues and distributes a digital currency called Honey. Honey holders stake on proposals using Conviction Voting to determine how issuance is distributed. By supporting proposals which increase the value of Honey, a positive feedback loop drives growth and sustainability. Conviction Voting allows everyone to participate and shape the direction of 1Hive, while preventing anyone from taking control or ownership.

    FAQs

    1. What determines the price movement of Honey?

    There are two schools of thought in determining the price of Honey.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Honey, 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 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 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 as well.
    Investors 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 and the cryptocurrency market as a whole.

    Honey Tokenomics

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    Honey Analysis

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