HOOK price defies gravity as Hooked Protocol activity rises

<p dir="ltr">Hooked Protocol worth defied gravity because the builders began airdrop distributions. It additionally rose because the platform rose to the highest of the DappRadar rankings of the highest BSC chain networks. HOOK rose to $2, which was a lot greater than this month’s low of $0.10.</p> <h2 dir="ltr">What's Hooked Protocol and why is it rising?</h2> <p dir="ltr">Hooked Protocol is an on-ramp layer that hopes to information the broad web3 adoption. Its important product is named Wild Money, which is a platform that gives quiz-to-earn and different gaming options with over 2 million customers. </p> <p dir="ltr">It additionally makes it potential for customers to earn rewards via their Proof of Work (PoW) mechanisms by contributing to its platform. Additional, customers can refer different individuals to earn rewards within the ecosystem. Wild Money’s Android app has over 1 million customers and a 4.8 star ranking.</p> <p dir="ltr">There are a number of the reason why the HOOK worth has defied gravity prior to now few days. First, the developer began distributing the primary batch of airdrops on Thursday. In line with <a target="_blank" href="https://www.bscscan.com/address/0x99c1c5b6771dd96291a18d96225cdf67d3b6489a#tokentxns" rel="noopener"><u>BscScan</u></a>, there are actually tokens value $187 million in its airdrop pockets.</p> <p dir="ltr">This airdrop was meant to reward early supporters of the <a target="_blank" href="https://medium.com/@HookedProtocolOfficial/hooked-airdrop-announcement-4e2223999d77" rel="noopener"><u>network</u></a> on the Hooked Get together Go NFTs. It additionally helps the motivation of customers to proceed constructing on the community. There can be 5 extra airdrop batches within the coming months.</p> <p dir="ltr">The final 5 airdrops can be for present Hooked Get together Go NFT holder and long-term neighborhood contributors. They'll occur on the primary day of every month.</p> <p dir="ltr">HOOK worth additionally rose because it rose to the highest rating of the <a target="_blank" href="https://dappradar.com/binance-smart-chain/social/hooked" rel="noopener"><u>social section</u></a> of DappRadar rankings of essentially the most energetic apps.</p> <p dir="ltr"><a target="_blank" href="https://twitter.com/HookedProtocol/status/1603266717282889728" rel="noopener"><u>https://twitter.com/HookedProtocol/status/1603266717282889728</u></a></p> <h2 dir="ltr">Hook worth prediction</h2> <p dir="ltr">The hourly chart exhibits that the HOOK worth has been in a consolidation section prior to now few days. It has been hovering on the necessary degree of $2.0 This worth is alongside the 25-day and 50-day shifting averages whereas the Relative Power Index (RSI) has risen above the impartial level of fifty.</p> <p dir="ltr">Subsequently, Hooked Protocol worth will doubtless drop throughout the weekend as the keenness of the airdrop fades. If this occurs, the token will doubtless drop to about $1.50.</p> <p dir="ltr"><img decoding="async" src="https://media.igms.io/2022/11/16/1671195255080-da190cf3-64e4-47f3-bdfd-bba2298357e4.png" style="width: 591px;height: 292.964px" class="fr-fic fr-dib" width="591" height="292.964"/></p> <p dir="ltr" style="text-align: center"><a target="_blank" href="https://www.tradingview.com/symbols/HOOKUSD/?exchange=BINANCE" rel="noopener"><u>HOOK/USD chart by TradingView</u></a></p> <h2 dir="ltr">How you can purchase Hooked Protocol</h2>

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