Hooked Protocol Price Prediction: How High Can HOOK Coin Go?

Hooked Protocol Price Prediction Overview: It is predicted that the maximum price HOOK coin can reach is $1.40 in 2023, $3.16 in 2025, and $7.62 in 2030.

 

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With the launch on Binance in November 2022, Hooked Protocol (HOOK) project has attracted investors’ attention. If you are searching for Hooked Protocol price prediction and want to know where the price of HOOK token will go in the future, you are in the right place. Our price forecasts use various machine-based algorithms to try and project future price action.

 

This article will also answer most of your questions. What is Hooked Protocol? What’s HOOK token used for? Should you invest in this new project? We have covered all this and a lot more in this article for you.

 

Before we start with a detailed Hooked Protocol token price prediction, let’s dive into the coin’s overview.

 

Hooked Protocol (HOOK) Overview

Cryptocurrency	Hooked Protocol
Ticker Symbol	HOOK
Rank	368
Price	$1.00
Price Change 24H	–3.71%
Market Cap	$50,176,328
Circulating Supply	50,000,000 HOOK
Trading Volume	$5,567,929
All Time High	$4.06
All Time Low	$0.8748

 

 

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What is Hooked Protocol?

Backed by Binance and Sequoia, Hoooked is an on-ramp layer protocol which aims to achieve a complete adoption of Web3 by providing consumers & enterprises with specialized Learn & Earn product experiences and onboarding infrastructures to enter the new web3 world.

 

The protocol believes that a significant web3 revolution can be accomplished through gamified learning experiences and by returning economic value to its users. With the belief, the project is trying to even reach out to those with zero prior cryptocurrency experience and help them in making the most of the crypto industry, so that anyone—regardless of prior experience — can access, earn, and own a share of cryptocurrency.

 

Furthermore, Hooked Protocol is developing onboarding infrastructures in conjunction with the rapidly expanding community, in hopes of creating a thriving community with scalability and engagements as well as an ecosystem of community-owned economics, and capitalizing on viral growth and decentralized social networks.

 

Main Functions and Highlights of Hooked Protocol

1. Quiz to Earn App: Hooked Protocol has launched a Quiz to Earn App called Wild Cash, through which users can begin an engaging web3 learning experience and win their first token reward.

 

2. PoWT (Proof of Work and Time) Mining Game: Using the traditional Proof-of-Work (POW) mechanism, this game encourages players to invest their time and efforts on the platform.

 

3. Stake and Swap: Using Hooked Wallet, users can store cryptocurrencies in their own crypto wallets, perform staking and swap operations, and transfer crypto assets.

 

4. Social Referral: Users can receive substantial financial rewards by sharing and creating their Web3 social graph.

 

In addition to providing a variety of exciting incentives, Hooked also offers customers a full range of Web3 onboarding options to aid in their Web3 transformation.

 

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Everything about $HOOK Token

First let’s have a brief glance at the protocol’s token structure. Hooked tokenomics uses a segregation technique that applies a single token ($HOOK) orientated structure augmented with the addition of an in-ecosystem-only utility token ($HGT), reflecting the real value and enabling common use case functionalities.

 

Hooked’s Token Structure

• $HOOK:The only liquidity governance token to reflect the value of the Hooked protocol ecosystem through a limited supply and planned emission scheme.
• $HGT (Hooked Gold Token): The single utility token that exists within the ecosystem. It providesongoing incentives and motivations for the community to make positive contributions.
• $uHGT (unlocked Hooked Gold Token):A token created from the system to control the liquidity of $HGT in order to reduce the risk of speculative attacks, in which a token’s price fluctuation may damage the reputation and value of the network.

 

$HOOK Functions:

• PlatformGovernance token for Hooked ecosystem.
• $HOOK will be used as the gas tokenfor on-chain transactions by all DApps established on the Hooked ecosystem.
• Community members will be encouraged to hold tokens for special events and grants topurchase limited editions of platform NFTs that showcase the community’s social status and network effects.
• To ensure significant liquidity and that token value will increase in direct proportion to the success of the entire community, $HOOK will be reinvested in innovation methods that ultimately benefit the ecosystem of both individual participants and enterprises.

 

HOOK Price Performance – A Bullish Start

HOOK launched on CoinMarketCap on 1 December 2022 and within a day had gained more than 40%, up from $2.0626 to $2.9016, the returns of which has made Hooked Protocol investors as well as people who are watching this project so excited. In general, HOOK has had a quite bullish start, a significantly positive aspect in an overall bear market.

 

Failing to sustain this bullish trend, however, the Hook coin price pulled back as the momentum faded.

 

At press time, HOOK is trading at $1.00 with a market capitalization of $50,176,328, ranking #368 amongst all cryptocurrencies by that metric. In the past 24 hours, the price of HOOK has decreased by 3.71% with a trading volume of $5,567,929.

 

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HOOK Price Prediction 2023, 2025, 2030

Since the inception of Hooked Protocol, it has managed to keep the crypto active in many ways. Hook coin has recently lost some of its price value, but this price prediction would provide an insight into the price performance in the coming years.

 

Below pulls together our HOOK price prediction for 2023, 2025 and 2030, ensuring you have a rough idea of the coin’s future value potential:

 

YEAR	MINIMUM PRICE	MAXIMUM PRICE
2023	$1.20	$1.40
2025	$2.54	$3.16
2030	$7.01	$7.62

 

Hooked Protocol Price Prediction 2023

If the platform welcomes a thriving userbase and a spike in the rate of adoptions and collaborations, HOOK crypto might see impressive growth throughout 2023.

 

As per our HOOK price prediction 2023, HOOK coin is expected to reach a possible high of $1.40 by the end of 2023. On the flip side, if the project fails to commit to its expectations, the price might slip down to $1.20, with an average price of $1.27.

 

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Hooked Protocol Price Prediction 2025

If Hooked Protocol manages to attract investors and whalestats with its developmental and community-building initiatives, HOOK price might experience a significant increase in 2025.

 

Our HOOK price prediction 2025 forecasts that at the very highest, HOOK coin price may reach $3.16 by 2025. The minimum price could be $2.54, with an average price of $2.74.

 

Hooked Protocol Price Prediction 2030

The Hooked Protocol ecosystem is growing with new users and may remain viable in the long term. Our HOOK coin price prediction 2030 forecasts that HOOK is expected to trade between $7.01 and $7.62 in 2030.

 

Here, it’s worth pointing out that 2030 is still a long way away. 7 years down the line, the crypto market could be affected by a host of different events and updates, each of which is difficult to ascertain. Ergo, it’s best that predictions like these are taken with a pinch of salt.

 

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Hooked Protocol Price Prediction: Conclusion

All in all, Hooked Protocol is an on-ramp layer for Web3, which offers customised Learn & Earn solutions and onboarding infrastructures for users and businesses to enter the Web3 world of fantasy. The project also launched a trial Quiz-to-Earn APP called Wild Cash with gamified learning features. The protocol believes that a significant web3 revolution may be achieved through gamified learning experiences and by returning economic value to its users.

 

Taking all these into consideration, it would appear that Hooked Protocol is a promising investment. Thus the HOOK crypto price predictions are exceptionally positive, mainly because the token does have a lot of potential, suggesting a major rise is on the way over the next several years.

 

In closing, please know the forecast figures are generated using our price prediction tool and in that matter, not a guarantee, that the actual price action will follow what we mentioned. Forecasts are not immune to changing circumstances and will be updated with new developments. Always do your own research and evaluate all necessary factors before making any investment.

 

FAQs

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Is Hooked Protocol good investment?

Based on the direction Hooked Protocol is heading, our technical analysis suggests that this crypto may be a good investment so far. It also has strong fundamentals and a lot of people are invested in it.

 

What is the future of the HOOK coin?

As per our long-term HOOK coin price prediction, Hook has a bright future, and it could reach a possible high of $7.62 by the end of 2030.

 

Should I invest in HOOK?

Hooked Protocol is a great project and is backed by top tier investors like Sequoia and Binance. According to the HOOK price prediction data, it looks like HOOK coin has the potential to reach 10 billion market cap by 2030. But one needs to keep a close eye on the progress and if Hooked Protocol team is able to follow their roadmap and launch more dapps in the HOOK ecosystem. All that will take time.

 

How much will Hooked Protocol be worth in 2025?

The price of Hooked Protocol will increase as more investors get involved in the project. According to our Hook coin price prediction, in year 2025, HOOK price is expected to range between $2.54 and $3.16.

 

How much will HOOK be worth in 2030?

Hooked Protocol may have amazing potential in the coming years as acceptance for the crypto increases. Our HOOK coin price prediction indicates that by 2030, HOOK could hit a new all-time high of $7.62.

 

Is HOOK a stable coin?

HOOK is a deflationary coin with a finite supply of 500 million.

 

Where can I buy HOOK coin?

Notable options for purchasing HOOK include Binance, BTCC and Gate.io. Among these, BTCC is one of the best exchanges as it witnesses a large trading volume of HOOK. Compared to Binance, BTCC has no regulatory concerns and is available in U.S., Canada and many other countries in Europe. Furthermore, BTCC exchange is highly recommended due to its favourable attributes such as extremely low fees, user-friendly interface, excellent customer support, and robust security measures with no reported hacks or security breaches to date.

 

In order to trade HOOK/USDT on BTCC, you need to first register an account. And you need to have some USDT in your crypto wallet, or you can directly buy it on BTCC. Once you have USDT, you can trade HOOKUSDT Perpetual Contracts on BTCC with a leverage up to 50x. The transaction is safe, cheap, and fast with VERY easy steps.

 

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What are BTCC’s specs?

Sometimes, users feel more comfortable working with an exchange if they know that the exchange has a footprint in the industry. With 12 years of stable and secure operating history, BTCC is one of the top cryptocurrency derivatives exchanges in CoinMarketCap, which boasts a wide selection of 60+ cryptocurrencies and millions of registered users, offering services in 100+ countries.

 

BTCC charges 0.06% for both takers and makers, which are way below the industry average. According to the largest and most recent empirical study on crypto exchange trading fees, the average spot trading taker fee is 0.2294% and the maker fee is 0.1854%.

 

With high liquidity, low trading fees and fast transaction speed, BTCC allows users to open a trade immediately even when the crypto markets experience a sharp rise or plunge.

 

Apart from crypto trading, BTCC also supports tokenized futures service, allowing users to trade stocks and commodities futures (Gold/Silver) with USDT as the margin. The maximum leverage is up to 100x.

 

Trading on BTCC begins with registration and log in, which only takes 30 seconds. New customers can now sign up here to get a welcome bonus of 10 USDT, and complete the KYC verification to access all BTCC’s features and BTCC bonus. Once verified, you can start trading HOOK now.

 

 

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