$HOOK Web3 Potential Now
Hooked Protocol is a project in the SocialFi segment, so to speak, the SocialFi segment will have a great potential to become a new trend of the market.
HOOK is the main token of the project, can be used for purposes such as, Participate in voting for project governance decisions, Use as gas fee for transactions in applications on the ecosystem, Have the right access limited edition NFTs....
Current capitalization ~$90 million
Total supply ~168M/500M
The current price ~$0.54 has decreased quite a lot compared to the price at the beginning of this year
Capitalization and project foundation compared to other projects are quite stable
Therefore, currently no money has been pumped into this project. For that reason, it is likely that there will be an injection in the near future.
In my opinion, whether this project is long or short term is very reasonable and feasible
Allocate cash flow appropriately and carefully check the project and then spend money to optimize your profits