HOOK Begins Buying and selling
Hooked Protocol governance token HOOK, began buying and selling on Binance. There may be entry to 4 buying and selling pairs of Hooked protocol on the platform: HOOK/BTC, HOOK/USDT, HOOK/BUSD, and HOOK/BNB.
Binance is the world’s largest cryptocurrency platform which has an traders part for the brand new and upcoming blockchains. The brand new blockchains are extremely delicate and susceptible to cost fluctuations within the crypto market. Presently, HOOK is below this.
The purpose of HOOK is to offer a platform based mostly on play to earn and different gamified ideas.
Progress Made By HOOK Till Now
Inside a number of hours of buying and selling, HOOK’s worth reached 2 USD which is a 20x improve from the unique token worth. The place the HOOK tokens are used for play to earn video games and fuel funds, the Hooked Gold Token (HGT) is used for crypto incentives.
The Hooked Protocol was launched following the Launchpad sample, which was launched by Binance on November 24, this yr. A complete of 25,000,000 HOOK tokens (5% of the overall provide) have been reserved for the Launchpad at a HOOK token sale worth of 0.0003381 BNB (roughly $0.1 USD at present market charges). In complete, over 110,000 contributors pledged over 9,000,000 BNB in the course of the Launchpad subscription interval.
$HOOK up 10% from the dip entry I posted. There’s no chart on Tradingview but so I made a graphic. If that low at 2.28 holds, I might goal $ 3.48 – 3.60 subsequent.
In any other case, I might cease beneath there for a 5% loss https://t.co/IM8J0uaR9v pic.twitter.com/lMUvigIEEa
— Muro (@MuroCrypto) December 2, 2022
Aside from Binance, Hooked protocol additionally wen tlive on Hotbit and MEXC Trade platforms as we speak.
What’s Hooked Protocol?
Hooked Protocol builds a group social community with an on-chain tokenomics design. Customers can be taught, earn and revel in a gamified expertise, all inside the Hooked ecosystem. The Hooked Protocol will initially run on the BNB chain and later increase to Layer 1 networks.
Hooked Protocol usability is outlined by three key pillars: identification, engagement and project. The crew integrates wallets and decentralized identifiers (DIDs) into the Hooked ecosystem, permitting customers to mechanically entry their Web3 identities.
It additionally creates “engagement legos” round person acquisition and retention to assist builders automate their group interactions. Builders of dApps can construct purposes on high of those “plug-in” blocks utilizing a plug-and-play strategy. Moreover, key person behaviors will probably be assigned to a selected on-chain identification, permitting ecosystem gamers to optimize useful resource allocation and group throughput.
The offered content material might embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.