Coinbase, the leading US cryptocurrency exchange, officially announced that it has added the Hivemapper (HONEY) altcoin to its roadmap for prospective listing consideration.
Recognized as a rather modest altcoin with a market capitalization of $57 million, HONEY does not currently have a listing on any leading cryptocurrency exchange. Coinbase’s action signals an investigation into possible new additions to its trading platform.
The price of HONEY experienced a sudden and immediate 100 percent increase following the announcement from Coinbase. As of the time this news was written, HONEY is trading with an increase of more than 60 percent, that is, at a price of 0.2060, and has a market value of $ 93 million.
The aim of the platform is to facilitate the integration of different networks and ecosystems to offer users a wide range of assets. Coinbase’s selection criteria is to prioritize tokens that strictly comply with established token specifications, such as Solana SPL, Ethereum ERC20, and Avalanche ARC20.
For this reason, we examined two newly listed coins.
Launcpad XYZ (LPX) – Decentralized Web 3.0 Portal with Private ICOs
First on our list of coins that can be newly listed on Coinbase is Launchpad XYZ, the cryptocurrency network that entered the global market at the end of April 2023. Although relatively new, this blockchain initiative is already generating significant interest in the market. Investors continue to buy Launchpad XYZ.
The platform has raised nearly $2.4 million in pre-sale funding to date due to its potential as a comprehensive hub for both novice and experienced Web3 users.
Launchpad XYZ’s white paper lays out a detailed plan for how it aims to increase the accessibility of the third generation of the internet. The project aims to facilitate the easy transition of Web2 users to this field and to offer various tools and statistics to increase the profitability of experienced Web3 customers.
Launchpad XYZ has a simple design and a comprehensive set of features that give it a competitive advantage over its rivals. The simply prepared dashboard allows users with different knowledge and skill levels to easily discover the potential of Web3 in various fields.
Users have the opportunity to use the platform to research and launch new token and NFT collections. They can also benefit from a fully customized trading terminal and the platform’s capabilities to produce reliable crypto analysis. Additionally, users have the ability to access exclusive presales, identify profitable investments, and trade digital assets, among other features.
The network is powered by Launchpad XYZ’s native cryptocurrency, LPX. Users can use it to make payments, invest and engage in trading activities. Those who want to purchase Launchpad XYZ can currently obtain the asset at $0.0445.
yPredict (YPRED) – Investor-Friendly Platform with Unique Forecast Models
yPredict is a pre-sale startup that has managed to raise more than $6.4 million in funding. The company has created a decentralized ecosystem designed specifically for predictive algorithms. Models are developed by third-party developers using machine learning and artificial intelligence techniques. These models are then evaluated by yPredict DAO. The models cover a wide range of elements, such as chart recognition patterns, technical signals and social sentiment analysis.
In all cases, prediction models help investors make smart trading choices. In addition to other sectors such as supply chain, healthcare and human resources, yPredict models are particularly targeted at crypto developers, data scientists and stock market experts. After receiving approval from the DAO, users can rent the prediction models of their choice by purchasing yPredict.
This cutting-edge research and analytical tool focuses on predicting financial market trends. The company hires the most talented AI developers to create advanced forecasting tools. These tools were reportedly developed specifically to analyze and understand historical patterns of cryptocurrency prices and market volatility.
The data they collect helps make precise predictions about the trajectories of different cryptos. Predict users and token holders have two methods to obtain this information instantly.
YPRED coins provide unrestricted access to raw data, allowing them to take action based on metrics at their discretion. It also offers users the ability to financially support monthly subscription models from data scientists and receive relevant transactional updates through yPredict’s marketplace.
In addition to providing useful financial information, this system also provides monetary benefits to all its participants. Seventy percent of subscription costs are allocated to the developer, while twenty percent are reinvested into the yPredict ecosystem. Another 10 percent is allocated to the YPRED community. However, users must stake YPRED tokens to meet the eligibility criteria.
Investors also have the opportunity to earn rewards by using yPredict’s play-to-win function or by successfully completing training courses that contribute to the development of the network.
YPRED tokens can currently be purchased for a price of $0.11. After the pre-sale period, these tokens will be available on exchanges at a price of $0.12.
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