Why is HOOK rising again?
HOOK is the platform coin of the Hooked Protocol platform.
Hooked Protocol is a platform that integrates Web3 learning, incentives, social interaction and games, focusing on "Learn and Earn". In the early stage of the project, Hooked Protocol has obtained financing from institutions such as Sequoia and Binance, and the token $HOOK has also been launched on Binance. Users can learn and complete tasks through the platform, obtain token income, and cash out on the exchange.
There are two major reasons for the recent positive news:
First, it is necessary to issue new coins on the chain, which is bound to pull the market, which is a means of selling new coins.
Second, as one of the leaders of Binance's education sector, the launch of HOOK 2.0 has a higher market recognition after the upgrade.
