What determines the price movement of Honey Finance (HONEY)?

There are two schools of thought when it comes to determining the price of a cryptocurrency like Honey Finance. By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Honey Finance, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Honey Finance. By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Honey Finance on the basis that history tends to repeat itself. Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Honey Finance. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Honey Finance and the broader cryptocurrency market.

What is the highest price of Honey Finance price in history?

Honey Finance achieved the all-time high of 0.060252 in 2023-05-01, and is currently trading at 0.00059215.

What is the lowest price of Honey Finance price in history?

Honey Finance reached its all-time low of 0.0000749 on 2023-11-23.

What is the current market cap of Honey Finance?

The current market cap of Honey Finance is , as HONEY is trading at the price of 0.00059215.

How many Honey Finance are there in the market?

There are currently HONEY circulating in the market. These Honey Finance can be actively traded or used in the open market.

What is the maximum supply of Honey Finance?

The maximum supply of HONEY is ∞ , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

What is the fully diluted market cap (or FDV) of Honey Finance?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Honey Finance is 592150.000000000. The FDV is calculated taking the assumption that all supply of Honey Finance is circulation, multiplied by its current price of 0.00059215.

What is the price prediction of Honey Finance ?

Using an algorithm to automatically identify historical data trends, this Honey Finance price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Is Honey Finance a good investment?

Honey Finance offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Honey Finance and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Honey Finance.

How to buy Honey Finance?

You can buy Honey Finance via Gate by following the steps on how to buy HONEY once you have funded your account.

Honey Finance Price

HONEY

This cryptocurrency is not listed for trading or services on Gate.

Honey Finance (HONEY) Price Live Chart

Honey Finance (HONEY) Price Today

Honey Finance (HONEY) price today is $0.0005921, with a 24-hour trading volume of $0.7786 and as such Honey Finance (HONEY) has a market cap of --, giving it a market dominance of 0.000018%. The Honey Finance (HONEY) price moved -0.27% in the last 24 hours.

HONEY Price Data

24h Turnover$0.7786
All-Time High(ATH)$0.06025
24h High$0.0005977
All-Time Low(ATL)$0.0000749
24h Low$0.0005849

HONEY Market Cap Infos

Fully Diluted Valuation$592.15K
Market SentimentPositive

HONEY Supply

Total Supply1B HONEY
Max Supply∞

*Data is for reference only

Honey Finance (HONEY) Price Prediction

Honey Finance(HONEY) is predicted to average $0.01012 in 2025, with a potential swing between the lowest price $0.007596 and the highest price $0.01428. By 2030, Honey Finance(HONEY) price could reach to $0.02764, offering a potential +3097.00% return from today’s Honey Finance price.

Year	Minimum Price	Highest Price	Average Price	Change
2025	$0.007596	$0.01428	$0.01012	+1610.00%
2026	$0.01135	$0.01611	$0.0122	+1961.00%
2027	$0.01146	$0.01529	$0.01415	+2291.00%
2028	$0.007509	$0.01722	$0.01472	+2386.00%
2029	$0.009905	$0.02188	$0.01597	+2598.00%
2030	$0.01154	$0.02764	$0.01893	+3097.00%

Honey Finance (HONEY) Credibility Indicators

51.51

Reliability Score

PercentileBTM 10%

Honey Finance (HONEY) to Local currency Converter

About Honey Finance (HONEY)

Contract

honyeyaat...metzvw4in

Explorers

solscan.io

Website

honey.finance

Community

Honey Finance is a cross-chain protocol for NFT lending/borrowing. The protocol also features NFT pools and NFT yield farming with the $HONEY token. DAOs can use Honey to create lending markets for NFT collections, allowing lenders and borrowers to match in isolated risk markets (IRMs). Loans are set using a variable interest rates defined by how much liquidity is available to borrow. The $HONEY token serves as governance for the project and can be vested into veHONEY. Honey genesis NFTs receive part of all the yield generated by the platform and have access to early and experimental features.