TL;DR
Coinbase added a new digital asset to its roadmap section, resulting in a temporary price surge followed by a minor decrease.
The exchange warns against premature investment in roadmap assets due to certain risks.
One of the largest cryptocurrency exchanges by trading volume and the leading one in the US – Coinbase – has decided to add support to the digital asset Hivemapper (HONEY). It placed the token on its “roadmap” section on January 4 or one step away from an official listing.
Somewhat expected, HONEY’s price skyrocketed by more than 100% minutes after the announcement, hitting $0.26 (per CoinGecko’s data). However, it retraced in the following hours, reaching the current level of approximately $0.20.
HONEY Price, Source: CoinGecko
Coinbase warned users to refrain from dealing with “roadmap” cryptocurrencies as they are still in the experimental zone, and a listing on the platform might be reconsidered.
“Transfers and trading are not supported for these
We współpracy z: https://cryptopotato.com/this-cryptocurrency-explodes-over-100-after-coinbase-prepares-for-a-listing/