HONEY Price

(honey)

USD($)

$0.00146
0.00%(5m)

1m5m15m1h8h1d1W

HONEY (HONEY) Live Price Chart

HONEY Live Price Data

HONEY is currently trading at $0.00146, with a 24-hour trading volume of $ 51,724. Over the past 24 hours, the price of HONEY changed by -7.76%, and over the past week, its value in USD rose by +154.97%. The circulating supply of HONEY is 6.11B honey, with a market cap of 8.98M USD, down -7.76% in the last 24 hours. HONEY is ranked #978 by market cap.

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Note: This data is for reference only.

honey(honey) Profile

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Price Range (24h)

24h Low$0.001445

24h High$0.001677

ATH: $0.4314

Price Change (1h): +0.27%

Price Change (24h): -7.76%

Price Change (7d): +154.97%

Market Cap

24h Volume

Circulating Supply: 6.11B

Max Supply: 10B

About HONEY

What Is Hivemapper (HONEY) Crypto?
Hivemapper is a decentralized mapping network. It uses blockchain technology to create up-to-date maps. You can contribute by using a dashcam to capture street-level imagery. In return, you earn HONEY tokens, Hivemapper's native cryptocurrency.

HONEY tokens serve multiple purposes. They reward contributors for providing map data. Token holders can also participate in network governance. Additionally, HONEY tokens are used for transactions within the platform, such as purchasing map data.

This community-driven approach ensures maps are current and accurate. It democratizes map creation, reducing reliance on large corporations. By participating, you help build a global map that's accessible to all.
How Does Hivemapper Work?
Hivemapper operates as a decentralized mapping network, allowing you to contribute to and benefit from the creation of up-to-date maps. Here's how it works:

1. Capture Imagery: Install a Hivemapper Dashcam in your vehicle. As you drive, the dashcam records street-level imagery.

2. Upload Data: Use the Hivemapper app on your smartphone to transfer the captured imagery to the Hivemapper network.

3. Earn HONEY Tokens: For your contributions, you receive HONEY tokens, Hivemapper's native cryptocurrency. These tokens can be traded or used within the Hivemapper ecosystem.

4. Participate in AI Training: Beyond driving, you can play AI Trainer games to help improve the network's mapping accuracy. This involves teaching the system to recognize various road elements, further enhancing map quality.

5. Access Map Data: The collected data is processed to create detailed maps. Businesses and individuals can access this up-to-date map data, ensuring accurate navigation and planning.

By participating in Hivemapper, you contribute to building a global, community-driven map while earning rewards for your efforts.
History of Hivemapper and HONEY Coin
Hivemapper was co-founded by Ariel Seidman and Evan Moss. Ariel previously led Yahoo! Maps, while Evan worked on Google Maps and Earth.

The Hivemapper Network launched on November 3, 2022. This decentralized mapping platform uses blockchain technology and the HONEY token to reward contributors.

As of March 2025, the network has grown significantly. Active contributors have mapped over 450 million kilometers of total roads, amounting to 31% global coverage.

Looking ahead, Hivemapper aims to:

> Expand its Map AI globally.

> Improve positional accuracy.

> Develop open-source tools.

> Introduce new API products.
What Is HONEY Token Used for?
Hivemapper's HONEY token serves several key functions within its decentralized mapping network:

1. Contributor Rewards: When you capture and upload street-level imagery using a Hivemapper dashcam, you earn HONEY tokens. This incentivizes continuous map data collection.

2. Map Data Consumption: Businesses and developers use HONEY tokens to access and utilize Hivemapper's map data for their applications. This creates a demand for the token within the ecosystem.

3. Burn and Mint Mechanism: When map data consumers spend HONEY tokens, a portion is burned (permanently removed from circulation), and a share is reissued to contributors. This system helps balance token supply and demand.

4. Trading on Exchanges: You can trade Hivemapper tokens on cryptocurrency exchanges like KuCoin. This allows you to buy, sell, or hold tokens based on market dynamics.
What Is Hivemapper Tokenomics?
The total supply of Hivemapper is fixed at 10 billion HONEY tokens.

Hivemapper Token Allocation

> 40% (4 billion tokens) are designated as rewards for contributors who actively participate in building and enhancing the Hivemapper Network.

> 20% (2 billion tokens) are allocated to investors who provided the initial capital necessary to launch the network.

> 20% (2 billion tokens) are reserved for Hivemapper Inc. employees, recognizing their efforts in developing the essential technical and operational systems.

> 15% (1.5 billion tokens) are allocated to Hivemapper Inc. to support ongoing research and development, as well as operational activities.

> 5% (500 million tokens) are assigned to the Hivemapper Foundation, which oversees the network's governance and facilitates its continuous success.

$HONEY Burn and Mint Mechanism

To balance supply and demand, Hivemapper employs a "Burn and Mint" mechanism:

> Burning: When businesses or developers consume map data, they burn HONEY tokens, permanently removing them from circulation.

> Minting: A portion of these burned tokens is re-minted and distributed as rewards to contributors, ensuring continuous incentives for participation.

This structure ensures that the token supply remains controlled while aligning the interests of both contributors and consumers within the Hivemapper ecosystem.

FAQ

How much is 1 HONEY (HONEY) worth?

KuCoin provides real-time USD price updates for HONEY (HONEY). HONEY price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time HONEY to USD exchange rates.

Is Hivemapper (HONEY) a Good Investment?

Investing in Hivemapper's HONEY token offers several potential benefits:

1. Early Adoption: By investing now, you position yourself at the forefront of decentralized mapping technology, potentially benefiting as the platform grows.

2. Incentive Alignment: Holding HONEY tokens aligns your interests with the network's success, as increased usage can enhance token value.

3. Market Potential: The global mapping market is vast. Hivemapper's innovative approach could capture significant market share, benefiting token holders.

4. Decentralized Governance: As a token holder, you can participate in governance decisions, influencing the platform's future direction.

5. Liquidity Opportunities: HONEY tokens are tradable on exchanges like KuCoin, providing liquidity and potential trading profits.

However, it's essential to recognize that investing in cryptocurrencies carries inherent risks, including market volatility and regulatory uncertainties. Always conduct thorough research and consider your risk tolerance before investing.

What Is Hivemapper Price Prediction?

Understanding these factors can help you make informed decisions regarding the HONEY price prediction:

1. Market Demand: Increased interest and participation in the Hivemapper network can drive up token demand, potentially raising the HONEY to USD price.

2. $HONEY Token Supply: The total number of HONEY tokens in circulation affects its scarcity and value.

3. Hivemapper Project Developments: Advancements and updates in the Hivemapper project can boost investor confidence, influencing the HONEY token price.

4. Macroeconomic Conditions: Broader economic trends and market sentiments can impact cryptocurrency prices, including the $HONEY price.

5. Competition: The presence of other mapping services can affect Hivemapper's market share and, consequently, the HONEY crypto price.

How to Earn HONEY Tokens on Hivemapper

To earn HONEY tokens on Hivemapper, you can engage in the following activities:

1. Drive and Map: Install a Hivemapper-compatible dashcam in your vehicle. As you drive, the dashcam captures street-level imagery. Upload this data using the Hivemapper app to earn HONEY tokens.

2. Play AI Trainer Games: Participate in AI Trainer games on the Hivemapper platform. These games involve tasks like identifying road signs and landmarks, which help improve the map's accuracy. Completing these tasks rewards you with HONEY tokens.

3. Conduct Quality Assurance (QA): Review and validate map data contributed by others. By ensuring the accuracy and quality of the map, you earn additional HONEY tokens.

4. Participate in HONEY Bursts: Monitor the Hivemapper app for HONEY Burst zones—specific areas highlighted for prioritized mapping. Driving through these zones during active periods grants you bonus HONEY tokens on top of regular rewards.

By engaging in these activities, you contribute to building a decentralized, up-to-date global map and earn HONEY tokens as rewards.

What is the all-time high price of HONEY (HONEY)?

The all-time high price of HONEY (HONEY) is $0.4314. The current price of HONEY is down 99.66% from its all-time high.

What is the all-time low price of HONEY (HONEY)?

The all-time low price of HONEY (HONEY) is $0.0005323. The current price of HONEY is up 174.43% from its all-time low.

How much HONEY (HONEY) is there in circulation?

As of 8 30, 2026, there is currently 6.11B HONEY in circulation. HONEY has a maximum supply of 10B.

How do I store HONEY (HONEY)?

You can securely store your HONEY in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your HONEY include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.