$HOOK Price Surges Following Binance Listing

$HOOK Price Surges Following Binance Listing
  • Today, Binance added Hooked protocol ($HOOK) to its trading list.
  • $HOOK has a 24 hours trading volume of $154 million.

$HOOK, the native token of the Hooked Protocol ecosystem, is continuously witnessing a dramatic price surge in the global crypto market. Following the token’s launch on the Binance innovative zone on December 2, 2022, the value of Hooked Protocol ($HOOK) has seen a remarkable 2000% surge. 

Hooked Protocol is the 29th project to be announced on Binance Launchpad with trading pairs of HOOK/BTC, HOOK/USDT, HOOK/BUSD, and HOOK/BNB. And the Protocol aims to offer a play-to-earn platform and other game-based concepts.

However, the token market value significantly increased 20X above the price of the initial token sale, and $HOOK hit a spike-high resistance at $2.93 on the day of the Binance launch. Further, during the subscription period, the cryptocurrency exchange looked up 9,010,765 BNB, worth over $2.6 billion, as they competed for the token distribution from Hooked Protocol. 

However, today CZ’s Binance listed $HOOK in its trading list. At the time of writing, Hooked protocol traded at around $2.39 with a one-day trading volume of $154,556,115. Also, the token has increased by nearly 8.50% in the last 24 hours and holds a market cap of $113 million, as per CoinMarketCap.

Hooked Protocol ($HOOK) price chart (Source: CoinMarketCap)

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