Loading...

HOOK Price Prediction 2023-2032: Will Hooked Protocol Surge In 2023?

HOOK Price Prediction 2023-2032

Developers and enthusiasts have been striving to create the ultimate decentralized financial ecosystem in the ever-developing crypto market and an era of blockchain technology. The quest for a secure, transparent, and easily accessible platform to transfer tokens and manage assets has driven incredible innovation and growth in recent years. As the demand for decentralized solutions soars, an extraordinary project has emerged from the chaos, capturing the imagination of the crypto community: the Hooked Protocol. This robust project is poised to shape trust and decentralization in the blockchain ecosystem and contribute to the next era of financial technology.

At the intersection of innovative technology and user-friendly design, the Hooked Protocol promises a revolutionary approach to handling financial transactions. By leveraging the power of blockchain and the ingenuity of smart contracts, this decentralized finance (DeFi) platform paves the way for a new financial landscape that is secure, transparent, and trustless. 

The Hooked Protocol is a cryptocurrency initiative aiming to bridge the gap by fostering user adoption of web3 technologies through educational, reward-based offerings and a community that brings together web3 developers and an enthusiastic audience. The Hooked Protocol (Hook) is an early adopter of GameFi technologies, combining education and cryptocurrencies to introduce novice and seasoned crypto investors to the Web3 landscape via gaming experiences. 

How much is HOOK worth?

Today’s Hooked Protocol price is $1.07, with a 24-hour trading volume of $7.02 million. Hooked Protocol is down 9.68% in the last 24 hours. The current CoinMarketCap ranking is #342, with a live market cap of $53,550,016. It has a circulating supply of 50,000,000 HOOK coins and a total supply of 500,000,000.

HOOK price analysis

TL; DR Breakdown:

  • HOOK is down 52.60% since it got featured in Coinmarketcap and up 11.60% over the previous 30 days.
  • HOOK’s decline accelerated in June following the SEC’s suit against Coinbase and Binance, forcing it to an all-time low of $0.8478.

HOOK was trading sideways in July, down 73.56% from its all-time high of $4.06 on February 6, 2023. 

HOOK price analysis 1-day chart

HOOK is down 52.60% since it got featured in Coinmarketcap and up 11.60% over the previous 30 days. HOOK’s decline accelerated in June following the SEC’s suit against Coinbase and Binance, forcing it to an all-time low of $0.8478. HOOK is trading higher in July from June’s low.

The MACD indicator shows HOOK’s price momentum to the downside rose over the last three days. The William Alligator trendlines show HOOK decline accelerated in June but later recovered, extending the gains into July. The trendlines now converge, meaning dropping price volatility. 

HOOK Price Analysis

HOOK Price Prediction 2023-2032

HOOK Price Prediction by Cryptopolitan

HOOK Price Prediction 2023-2032
YearMinimum PriceAverage PriceMaximum Price
2023$1.36$1.42$1.56
2024$1.97$2.02$2.39
2025$2.89$2.97$3.45
2026$4.07$4.19$4.92
2027$6.06$6.27$7.30
2028$8.79$9.11$10.64
2029$13.17$13.63$15.42
2030$19.90$20.58$22.79
2031$28.88$29.91$34.06
2032$43.11$44.30$51.08
HOOK Price Prediction 2023-2032


HOOK Price Prediction 2023

In our 2023 Hooked Protocol price prediction, we anticipate a minimum trading price of $1.36 and an average value of $1.42 for the token. With several scheduled ecosystem upgrades, we expect HOOK to experience a surge in value and reach a maximum price of $1.56.

HOOK Price Prediction 2024

According to our Hooked protocol price prediction for 2024, we expect a minimum price of $1.97 and an average price of $2.02. However, If HOOK’s growth trajectory persists, we predict its value could reach as high as $2.39 at its peak.

HOOK Price Prediction 2025

According to our HOOK price prediction for 2025, the minimum price of HOOK will be $2.89, while the average price will be around $2.97. There is potential for significant growth in the value of HOOK during this period, with the token possibly reaching a maximum price of $3.45 by the end of 2025.

HOOK Price Prediction 2026

According to price prediction for 2026, we expect the minimum price of the coin to be $4.07 and an average predicted value of $4.19. We expect HOOK’s price to surge to a maximum of $4.92 by 2026.

HOOK Price Prediction 2027

Our HOOK price prediction for 2027 is a minimum value of $6.06. with an average trading price of $6.27. Based on the HOOK price prediction for 2027, the price could reach a maximum of $7.30 during the year.

HOOK Price Prediction 2028

Based on our HOOK price prediction for 2028, the HOOK token is anticipated to experience a bullish trend with a predicted floor price of $8.79 and an average trading value of $9.11. The highest possible price for 2028 is estimated to reach $10.64, reflecting a significant increase in the token’s valuation.

HOOK Price Prediction 2029

Our HOOK price prediction for 2029 suggests that the minimum price level could be $13.17. The HOOK token will experience significant growth, with a maximum potential price value of $15.42 and an average projected value of $13.63.

HOOK Price Prediction 2030

According to our HOOK price prediction for 2030, the cryptocurrency’s value may drop to a low of $19.90 by year-end. However, we expect the average trading price to be $20.58 and the maximum estimated price to reach as high as $22.79.

HOOK Price Prediction 2031

Based on our HOOK price prediction for 2031, the minimum price of HOOK will be approximately $28.88, while the average price will be around $29.91. The maximum estimated value for HOOK in 2031 will reach $34.06.

HOOK Price Prediction 2032

According to our HOOK price prediction for 2032, the HOOK coin will rise steadily. However, the minimum price of the coin will be $43.11. The average trading price is estimated at $44.30, indicating steady growth. The maximum estimated price for 2032 is $51.08, showing a potential surge in price.  

HOOK Price Predictions by WalletInvestor

Wallet Investor uses technical analysis to forecast various cryptocurrencies like HOOK. The platform indicates. HOOK’s past performance index rating of B+; adds that HOOK would make a bad one-year investment. The expected average price in 2024 will be $0.0604. HOOK’s return on investment (ROI) will be -94.36% in 2024. In 2025 the ROI will be -87.04%; in 2026, it will be -81.88%; in 2027, it will be -81.66%. According to the analysis, the HOOK price is bearish over the entire period.

HOOK Price Predictions by CryptoPredictions

The site scans a coin’s exchange prices and other historical market data and analyses it to provide a Hooked protocol price forecast. Their HOOK price forecast 2023 is $1.349 in August and $1.409 in December.

In 2024, HOOK will trade at an average price of $1.448 in January and $2.249 in December. In 2025, HOOK will sell at an average price of $2.328 in January and $3.009 in December.

HOOK Price Predictions by Digitalcoin Price

HOOK will be on a bullish trend from 2023 to 2032; the maximum HOOK value for the entire duration will be $21.04. In 2024 it will trade at a mean price of $2.49. It will reach a maximum price of $2.75 and a minimum of $2.32. In 2025, it will trade at a mean price of $3.83. It will reach a maximum price of $3.93 and a minimum of $3.19. In 2032 it will trade at a mean price of $20.85. It will reach a maximum price of $21.04 and a minimum of $20.27.

HOOK Predictions By Industry Experts

According to an analysis by Star Trading Friend on YouTube, HOOK has traded southwards within a defined range but recently hit support, resulting in a correction.

According to his analysis, HOOK can fall to $0.7936 in a bear scenario or rise to $3.48 in an extremely bullish scenario.

HOOK COIN ENTRY & EXIT UPDATES ! HOOK COIN PRICE PREDICATION ! HOOK COIN TECHNICAL ANALYSIS !

HOOK Overview

image 533
image 533

History of Hooked Protocol

Launched on December 1, 2022, the Hooked Protocol has experienced a volatile trend for its governance token, HOOK, since its inception. The roots of the Hooked Protocol, however, extend back to the Binance Launchpad, a platform that grants users exclusive access to new tokens from select projects while promoting awareness and adoption. During its seed investment stage, the Hooked Protocol secured commitments from over 100,000 investors.

Hooked Protocol had a successful launch on Binance’s Launchpad in December 2022. Here are the key details:

  1. Launchpad Completion: Binance’s Launchpad completed the launch for Hooked Protocol in December 2022. The Launchpad is a platform for conducting token sales and fundraising events for promising blockchain projects.
  2. Participation and Oversubscription: 114,772 participants committed 9,010,765.2954 BNB during the subscription period. This indicated a strong interest in the project, as the amount committed represents an oversubscription of 1,066 times. Oversubscription occurs when the demand for tokens exceeds the available supply.
  3. Listing on Binance: Following the launch of the Launchpad, Binance listed Hooked Protocol (HOOK) in the innovation zone. The innovation zone on Binance is dedicated to new and innovative token listings.
  4. Trading Pairs: Binance opened trading for HOOK with several trading pairs: HOOK/BTC, HOOK/USDT, HOOK/BUSD, and HOOK/BNB. These trading pairs enable users to trade HOOK tokens against Bitcoin (BTC), Tether (USDT), Binance USD (BUSD), and Binance Coin (BNB).

The listing and availability of trading pairs on Binance provide increased accessibility and liquidity for Hooked Protocol’s token, facilitating its integration into the broader cryptocurrency market.

Hooked Protocol’s set an all-time high on February 6, 2023, when it traded at $4.06. On the other hand, its all-time low occurred on June 10, 2023, when it was valued at $0.8748.

The mastermind behind the Hooked Protocol is Jason Y, its founder, who boasts more than a decade of experience in consumer internet and growth initiatives. His hands-on expertise from ventures such as Meta and Ex-Uber is complemented by the technical prowess of CTO Mikey, who specializes in consumer development and financial services. 

Rounding out this formidable team is Jess L, a former Silicon Valley tech leader with a marketing, strategy, and business development background, who serves as the CMO.

Latest News

Hooked Protocol and Ookbee have signed a memorandum of understanding (MOU) to drive Web3 adoption, aiming to revolutionize the digital content experience and unlock the transformative potential of this innovative technology. This partnership represents a significant endeavor to transform traditional creator-consumer relationships through blockchain technology and create a more vibrant content ecosystem.

Ookbee, a prominent digital content platform in Southeast Asia, has recognized the value of Hooked Protocol’s infrastructure for Web2 user growth and transition. With a user base of over 10 million across Southeast Asia, Ookbee is actively embracing Web3 technology to enhance user experiences and empower content creators. The collaboration with Hooked Protocol allows Ookbee to leverage its established user base and expertise in digital content to drive Web3 adoption.

The partnership between Hooked Protocol and Ookbee is crucial in addressing the shortage of high-quality Web3 content and driving new user traffic in the Web3 industry. Ookbee’s impressive monthly active user base, coupled with its rich and diverse content offerings, makes it an ideal partner to promote the adoption of Web3 technology and facilitate the seamless onboarding of Web2 users into the Web3 ecosystem.

More on HOOK Protocol

What is Hooked Protocol?

Making its debut in late 2022, Hooked has emerged as a trailblazing crypto project that utilizes its on-ramp layer network to drive mass adoption of Web3 innovations through captivating GameFi learning experiences and reward-based products. 

image 272

By implementing learn-and-earn strategies, Hooked entices users to embrace Web3 solutions while familiarizing themselves with the movement’s core concepts.

The Hooked Protocol captivates users with a dynamic and immersive gaming atmosphere, linking Web3 developers with a passionate audience eager to explore their projects. 

Hooked’s gamified learning journey is designed to ignite beginners’ interest in crypto and empower them to take ownership of their digital assets. Complementing its game-based learning model, Hooked offers user-friendly web3 products that streamline the onboarding process for newcomers.

How Does Hooked Protocol Work?

In its mission to maximize user adoption of web3 products, Hooked adopts a multifaceted approach encapsulated within a well-defined structure. Firstly, the platform entices users to engage in an educational system infused with gamified learning techniques. These methods can be found within the Hooked Academy, which familiarizes users with prevalent web3 concepts such as NFTs and GameFi via games and videos. The Hooked Academy also functions as a decentralized social network, enhancing user experience and reducing the learning curve.

Moreover, Hooked Protocol aims to fulfill its mission of expanding crypto user adoption through its flagship dApp, Wildcash. Boasting over 2 million active users, Wildcash offers learn-to-earn opportunities via features like Quiz-to-Earn, a game that motivates users to learn about web3 and the crypto industry, and POWT (Proof of Work and Time), a mining game that educates users on blockchain mining mechanics while rewarding them with $HGT, the platform’s utility token.

As a gateway to web3, Hooked offers a variety of onboarding solutions to ensure a seamless transition. The platform’s Hooked Soulbound Token (Hooked SBT) provides new users with a unique digital identity. Additionally, the Hooked Wallet offers a user-friendly interface for navigating and becoming familiar with web3 transactions, making it another valuable resource for members.

Hooked Protocol Features

Hooked Protocol’s flagship decentralized application (dApp), Wildcash, serves as a gateway to the Web3 community, offering a gamified crypto learning experience alongside other integrated Web3 mechanics. The protocol incorporates several features to achieve this objective, including Quiz-to-Earn, Social Referral, PoWT, Stake, and Swap.

image 268

image 268

  • Quiz-to-Earn: This feature enables users to earn rewards by participating in quizzes focused on various Web3 concepts. Designed to be both engaging and informative, users can earn rewards for correctly answering questions. Quiz-to-Earn encourages users to expand their Web3 knowledge, making the adoption of Web3 products more seamless and enjoyable.
  • Social Referral: Social Referral is another feature that incentivizes users to invite new members to the Hooked Protocol dApp. Users can earn rewards for referring new members to the community, with more successful referrals leading to greater rewards.
  • Proof-of-Work Time (PoWT): PoWT is a game within the WildCash app that employs the classic proof-of-work consensus algorithm to motivate users to dedicate time and effort to the platform.
  • Stake and Swap: Staking is a feature that allows users to earn rewards by holding and staking Hooked Protocol’s native token, HOOK. Using the Hooked Wallet, users can stake their tokens, swap, and conduct transfer transactions.

Hooked Protocol’s Dual Token Structure ($HOOK & $HGT)

Hooked Protocol employs a dual token structure consisting of a native token and a utility token. This token structure has been designed to foster liquidity and enhance utility, ensuring the long-term sustainability of the Hooked ecosystem.

$HOOK: The primary token in the ecosystem is $HOOK, the governance token for Hooked Protocol. This deflationary token serves multiple purposes within the network, including governance, staking rewards, gas fees, and in-app currency. Additionally, the HOOK token grants access to exclusive events and community privileges, such as NFTs.

image 264

i

HOOK Tokenomics:

The native governance token, HOOK, has a total supply of 500,000,000, with its distribution broken down as follows:

  • Private Sale: 20%
  • Team: 20%
  • Binance Launchpad Sale: 5%
  • Community: 25%
  • Treasury: 30%
image 265

image 265

$HGT: The second token within the Hooked Protocol Ecosystem, $HGT (Hooked Golden Token), serves as the in-ecosystem utility token. With an unlimited supply, HGT is issued to protocol users as they complete specific tasks. Integrated into the protocol’s learn-and-earn approach, the token incentivizes users to adopt Web3. HGT will also be utilized for in-app purchases and access to events, properties, and virtual assets.

Conclusion 

By seamlessly integrating gamified learning, Hooked Protocol has broadened the acceptance of web3 and cryptocurrencies and revolutionized how users engage with these digital assets.

With the highly anticipated expansion of the SocialFi system and introduction of an even more diverse range of crypto-centric products in 2023, Hooked Protocol is on the cusp of becoming a household name in the global crypto community. It is imperative that the company pursues an aggressive international expansion strategy and continues to refine its content-learning system, ensuring that it remains at the forefront of edutainment in the decentralized finance landscape.

However, it is advised to do your own research and conduct good investment advice before investing in the volatile crypto market. 

FAQs

Is HOOK a good investment?

According to our historical data, it is currently not profitable to invest in Hooked Protocol for the short term.

Will HOOK increase in value?

According to our current Hooked Protocol price prediction, the value of Hooked Protocol is predicted to rise to $2.39 in 2024.

What is the use of HOOK coin?

HOOK is used for the following purposes:
Voting decisions for the Hooked ecosystem.
Accessing community event privileges.
Accessing exclusive NFT mints.
Rewards for staking.
Currency for certain in-app purchases.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Share link:

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Related News

Aave price prediction
Cryptopolitan
Subscribe to CryptoPolitan