Hooked Protocol

HOOK Price

What Is Hooked Protocol (HOOK)?

HOOK is the only governance token with liquidity in the ecosystem, designed to reflect the value that flows across the Hooked platform with limited supply and scheduled emission scheme.
HOOK’s long term value is tied with the confidence people hold for the project, and the supply of HOOK is fixed and designed to be deflationary.

HOOK token utilities are mostly built in for community governance, gas tokens for platform on-chain activities, staking incentives as holding rewards, social elements demonstrations with status signaling and individuality, and for more long-range objectives, valuable innovations contributing to the ecosystem thriving. More details about our token $HOOK, please refer to: https://hooked-protocol.gitbook.io/hooked-protocol-whitepaper/hooked-tokenomics/hook 

With its academy, infrastructure, and ecosystem, Hooked aims to revolutionise Web3 education and bring new forces to onboard Web3.

What Makes Hooked Protocol Unique?

Hooked Protocol offers tools to facilitate the use of Web3 by users.
- Hooked Soulbound Token (Hooked SBT): A web3 "passport" that can only be minted once and cannot be transferred.
- Hooked Wallet: A crypto wallet that facilitates storage, transactions, and other activities related to Hooked Protocol.
- On-chain data storage: The project's data is stored on BNB Chain and is accessible to all users.

Hooked solution, unlike other social-fi products, aims to provide easy, enjoyable Web 3 accessibility for Web 2 users by some following competitive advantages:
- Fast-growing community gateway for Web3 onboarding: Hooked is building a set of user-facing products with intriguing incentives and gamified experience for
new user onboarding. Social referrals play a key role in community formation. The sharing process enables users to establish a web3 social graph and monetize it.
- Onboarding solutions for business: Hooked integrated infrastructure will provide seamless Web3 onboarding solutions for businesses.
- Web3 Gamified Social Learning Platform to well match between education and entertainment

History of Hooked Protocol?

Hooked Protocol's mission is to build the on-ramp layer for massive Web3 adoption, providing tailored Learn & Earn products and onboarding infrastructures for users & businesses to enter the new world of web3.

The first pilot product, Wild Cash, with Quiz-to-Earn experience and other gamified learning features, achieved an impressive growth of over 3 million monthly active users. For the immediate future, the main focus is on enriching user experience by providing more content and features, and to make the experience available to a wider global audience.

What can Hooked Protocol (HOOK) be Used For?

HOOK token utilities are mostly built in for community governance, gas tokens for platform on-chain activities, staking incentives as holding rewards, social elements demonstrations with status signaling and individuality, and for more long-range objectives, valuable innovations contributing to the ecosystem thriving.

Governance platform token for Hooked ecosystem
One of the most fundamental utilities of HOOK will be community governance, representing stakes and votes in ecosystem proposals.

Gas token for Hooked Application Rollup
As we are building rollup infrastructure on top of L1s to support our DApp ecosystem, HOOK will be used as the gas token for all economic activities.
In the future, all DApps in the ecosystem built on top of Hooked platform will also be using HOOK as the gas token for on-chain transactions.

Access token for exclusive NFTs and privileges of community events
Community members will be motivated to hold tokens to get access to exclusive community events and grants to purchase limited editions of platform NFTs, which demonstrate community social status and network impacts.

Furthermore, HOOK will be put into innovation practices which overall benefit the ecosystem of both individual participants and businesses, ensuring considerable liquidity and token value will grow in direct proportion for the success of the whole community.
 

Where can you buy Hooked Protocol?

HOOK tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Hooked Protocol is Bybit, where the most active trading pair HOOK/USDT has a trading volume of $607,905 in the last 24 hours. Other popular options include Binance and MEXC.

What is the daily trading volume of Hooked Protocol (HOOK)?

The trading volume of Hooked Protocol (HOOK) is $5,126,681 in the last 24 hours, representing a -2.20% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Hooked Protocol (HOOK)?

Hooked Protocol (HOOK) reached an all-time high of $4.07 and an all-time low of $0.1072. It’s now trading 97.22% below that peak and 5.64% above its lowest price.

What is the market cap of Hooked Protocol (HOOK)?

Market capitalization of Hooked Protocol (HOOK) is $26,888,295 and is ranked #886 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of HOOK tokens (240 Million tokens are tradable on the market today).

What is the fully diluted valuation of Hooked Protocol (HOOK)?

The fully diluted valuation (FDV) of Hooked Protocol (HOOK) is $56,806,256. This is a statistical representation of the maximum market cap, assuming the maximum number of 500 Million HOOK tokens are in circulation today. Depending on how the emission schedule of HOOK tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Hooked Protocol compare against its peers?

With a price decline of -26.80% in the last 7 days, Hooked Protocol (HOOK) is underperforming the global cryptocurrency market which is down -7.30%, while underperforming when compared to similar BNB Chain Ecosystem cryptocurrencies which are up 0.00%.

How to add Hooked Protocol (HOOK) to MetaMask?

Adding Hooked Protocol (HOOK) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import HOOK as a token. You can copy HOOK’s contract address (0xa260e12d2b924cb899ae80bb58123ac3fee1e2f0) and import it manually, or if you've installed MetaMask's chrome extension, add HOOK to MetaMask with one click on CoinGecko.

Add HOOK to MetaMask.