The DePIN sector is down
Hivemapper is part of the DePIN sector, which is −6.9% today. HONEY is moving with its sector.
DePIN sector →
why / honey
Why is Hivemapper down today?
Hivemapper (HONEY) is down 6.1% in the last 24 hours, trading at $0.00167. Its sector, DePIN, is −6.9% today. That is 1.7% worse than the whole crypto market (−4.3%), so part of the move is specific to Hivemapper.
HONEY 24h−6.06%
Whole market 24h−4.35%
Bitcoin 24h−4.83%
Link to BTC (30d)-0.10
Volume vs normal—
DePIN sector−6.93%
signals
What is moving Hivemapper
Strongest signals first.
Doing worse than the market
The total crypto market is −4.3% in 24 hours. HONEY is −6.1%, 1.7% worse than the market, so part of the move is specific to Hivemapper.
Why is the crypto market moving? →Lowest price this week
HONEY dipped below its 7-day range (low $0.00177).
Moving on its own, not with Bitcoin
Over the last 30 days, HONEY's daily moves had a -0.10 correlation with Bitcoin (1 means identical direction). That is low: HONEY has mostly moved on its own lately, while Bitcoin is −4.8% today.
Bitcoin price →Strong month
HONEY is −19% this week and +26% over 30 days, so today's move goes against the monthly trend.
Market mood: Fear (30)
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of HONEY positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring Hivemapper
faq
Questions
Why is Hivemapper down today?
Hivemapper (HONEY) is down 6.1% in the last 24 hours, trading at $0.00167. Its sector, DePIN, is −6.9% today. That is 1.7% worse than the whole crypto market (−4.3%), so part of the move is specific to Hivemapper.
Will Hivemapper go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: HONEY is −18.93% over 7 days and +25.97% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, HONEY's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.