Coinbase Adds a New Altcoin to Its Roadmap to List

According to a last-minute development, Coinbase, the largest cryptocurrency exchange in the USA, added the Hivemapper (HONEY) altcoin to its road map to examine it for listing.

HONEY, a small altcoin with a market cap of $57 million, is not traded on any major cryptocurrency exchange.

However, the altcoin is trading 70% below its all-time high price level seen in December 2022.

In their own words, the Altcoin developer team defines their project as follows:

“Launched in November 2022, Hivemapper (HONEY) is a decentralized global mapping network that rewards its participants for collecting high volumes of street-level 4K imagery through its Drive-to-Earn model.

Image collection devices come in the form of 4k Dashcams, which are a combination of a camera and a blockchain mining device that records street-level images. So users using dashcams mine and earn rewards with Hivemapper’s native cryptocurrency token, HONEY.”

*This is not investment advice.