Honey is an innovative cryptocurrency that aims to enhance the user experience in blockchain interactions by providing seamless transactions and rewards. Built on a robust platform, it offers unique utility features that can benefit both consumers and businesses alike. As the ecosystem continues to expand, Honey may play a significant role in bridging the gap between traditional finance and the evolving digital economy.
Honey (symbol: honey) is a cryptocurrency gaining attention within the digital asset ecosystem. It operates on the Berachain platform and has been characterized by its unique offerings and growing market presence. As of now, Honey is trading at approximately $0.99, showing slight fluctuations typical of cryptocurrency markets.
Honey has experienced significant volatility since its inception. The coin reached an all-time high (ATH) of $1.11 recently on February 6, 2025, and has seen considerable trading activity with a total volume of around $29 million in the last 24 hours. Its lowest value (ATL) has been recorded at $0.9161, highlighting the natural ebb and flow of cryptocurrency prices.
The current market cap for Honey stands at approximately $127.8 million, reflecting a robust investor interest. The circulating supply is around 129 million coins, with a total supply nearing 151 million. This limit on total supply can be beneficial in maintaining scarcity, a key component for potential appreciation in value over time.
One of the primary advantages of investing in Honey is the backing by a dedicated blockchain infrastructure, which provides a layer of security and credibility. Furthermore, the relative price stability observed in recent weeks, along with strong price changes of around 8.12% over the last 24 hours, indicates that the coin may be attracting consistent trading and investor interest.
Additionally, being part of the Berachain ecosystem could lead to increased utility, as users may find various applications for Honey beyond mere speculation. Community engagement and development initiatives could further enhance its value proposition.
Despite its potential, Honey Coin is not without its challenges. The recent decline in market cap by about 1.23% could be a cause for concern among investors, suggesting volatility and market pressure. Furthermore, like many other cryptocurrencies, Honey Coin faces competition from a multitude of other coins, and its long-term success will depend on its ability to differentiate itself and provide unique value propositions to its users.
Looking ahead, the future of Honey Coin is contingent upon several factors, including market sentiment, regulatory developments, and the overall growth of the Berachain platform. Given the burgeoning interest in decentralized finance (DeFi) and the increasing adoption of cryptocurrencies, Honey has the potential to carve a niche for itself if it leverages its inherent strengths effectively.
In conclusion, Honey Coin stands at an intriguing crossroads. With a strong foundation and a growing community, it could potentially see substantial growth in the years to come. However, as with all investments in the cryptocurrency market, caution is advised, and thorough due diligence is necessary before making any investment decisions.
General Information |
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Title
Honey
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Symbol
honey
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Whitepaper
-
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Website
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Community
-
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Last Updated
2025-05-20 09:29
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Price Data |
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Current Price $
0.99937 $
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High 24h
1 $
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Low 24h
0.99733 $
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Price Change 24h
0.00069 $
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Price Change % 24h
0.06898 %
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Market Data |
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Market Cap
97 558 192
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Total Volume
9 499 288
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Market Cap Change 24h
-2 911 449
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Market Cap Change % 24h
-2.89784 %
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
97 626 134
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Total Supply
97 718 271
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Max Supply
-
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Historical Data |
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All Time High (ATH)
1.11
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ATH Change %
-9.92803 %
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ATH Date
2025-02-06 14:11
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All Time Low (ATL)
0.91615
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ATL Change %
9.07402 %
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ATL Date
2025-02-06 14:06
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