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Hooked Protocol Price Prediction: How High Can HOOK Coin Go?
2023/03/16By: L, Laura
Hooked Protocol Price Prediction Overview: It is predicted that the maximum price HOOK coin can reach is $5.73 in 2023, $9.44 in 2025, and $22.02 in 2030.
With the launched on Binance Launchpad on 29 November, 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. And most importantly, we try to process various HOOK technical indicators to predict the future price of Hooked Protocol.
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 | 261 |
Price | $1.99 |
Price Change 24H | –4.83% |
Market Cap | $99,371,713 |
Circulating Supply | 50,000,000 HOOK |
Trading Volume | $91,694,731 |
All Time High | $4.06 |
All Time Low | $1.09 |
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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 Tokenomics
- Token Type: BEP-20 on BNB Chain
- Total Token Supply: 500,000,000 HOOK
- Private Sale: 20% of the total token Supply
- Community Sale: 5% of the total token Supply
- Community: 25% of the total token Supply
- Ecosystem/Treasury: 30% of the total token Supply
- Team and Advisor: 20% of the total token Supply
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.
At press time, HOOK token is trading at $1.99 with a 24-hour trading volume of$91,694,731, and the current market cap is $99,371,713.
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Hooked Protocol Price Prediction
Since the inception of Hooked Protocol, it has managed to keep the crypto active in many ways. Hook coin has recently lost a lot of its price value, but this price prediction would provide an insight into the price performance in the coming years.
Please know the figures below are generated using our price prediction tool and in that matter, not a guarantee, that the actual price action will follow what we mentioned. You should always do your own research before making any investment.
Hooked Protocol Price Prediction 2023
Our HOOK coin price prediction expects that in 2023, Hook coin can achieve a maximum price of $5.73 while the average price will stay around $5.35. The worst case scenario is that Hooked Protocol ends 2023 at 4.96.
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Hooked Protocol Price Prediction 2025
With the continued growth of capital in the crypto market, Hook Protocol could reach a maximum price of $9.44 in 2025 with an average price of $9.06. If a bear market appears, the minimum price is expected to be $8.68.
Hooked Protocol Price Prediction 2030
This year will be one to remember for Hooked Protocol, our HOOK crypto price prediction expects that in 2030, HOOK price will reach a new all-time-high of $22.02, and the average price could be $21.64. The worst case scenario is that Hooked Protocol ends 2030 at $21.25.
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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.
With more than 250,000 KOC nodes as of early 2023, Hooked has a membership growth rate of more than 1 new member for every 2 existing members.
Taking all of the above into consideration, it would appear that Hooked Protocol is a very 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.
However, forecasts are not immune to changing circumstances and will be updated with new developments. Be sure to look at the latest market trends, news, fundamental and technical analysis, and experts’ opinions before making any investment.
FAQs
What is the Hooked Protocol price today?
At press time, HOOK coin is trading at $1.99 with a live market cap of $99,371,713.
Is Hooked crypto a 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.
How high can HOOK coin go?
According to our HOOK price prediction, the maximum price HOOK can reach is $5.73 in 2023, $9.44 in 2025, and $22.02 in 2030.
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 Hooked price prediction, in year 2025, HOOK will be worth about an average price of $9.06.
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 $22.02.
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