Play 2 Earn platforms are gaining attention again. And Hook Protocol is one such platform, that is showing an uptrend. As of June 19, 2024, Hook Protocol is trading at $0.5776 with a market cap of $93,356,059. I am personally bullish on $HOOK for 2024 mainly for three reasons which include the backing of Binance, a market cap of just 93,356,059 USD, and the technical chart pattern showing positive movement. 

In this article, we will go in-depth to discuss more about HOOK price predictions, how to buy $HOOK token, what the project does, and if the project has any future.

HOOK price prediction

What is Hooked Protocol?

Hooked Protocol is a Sequoia and Binance-backed Web3 protocol that plans to change the way we learn about Web 3.0. It has also built a Quiz-based app that pays you to learn- Wildcash. The app has got more than 3 million downloads on Appstore already. If you want to earn while learning, I highly suggest you download the app.

You can get up to 30,000 uHGT tokens for free if you sign up using my link: Click here to download Wild Cash.

(Note: There are reports that they do not allow converting your rewards into cryptocurrency, and we have noticed the same is true in our case. So, before you are spending time with this app, do consider this)

Hooked Protocol Tokenomics and Cost Performance 

$Hook is currently trading at $0.5776 and is ranked #423 as per total market cap.

If we look at tokenomics, we can see HOOK tokens have a 136,666,666 circulating supply and its current market capitalization is $93,356,059. 

The maximum number of HOOK tokens that will ever be created is 500,000,000. The supply of HOOK tokens is fixed and is supposed to be deflationary, which means, the total number of HOOK tokens that will be available in the future should keep decreasing, once all the tokens are circulated.

Following analysis of the technical indicators for HOOK, we predict a minor correction may occur during the coming days.

Token Structure of Hook

The Hooked protocol has mainly 3 tokens:

  1. HOOK
  2. HGT
  3. uHGT

Hook Tokens Structure

HOOK token is the governance token, representing Hooked Protocol, and is now listed on Binance. As Hooked Application Rollup gets implemented in the future, HOOK tokens will be used to pay off the gas fee. There will be many more Dapps built inside the Hooked ecosystem, and all those dApps will also be using HOOK as gas for all on-chain activities. HOOK token holders will also be incentivized to hold the tokens to get limited edition valuable NFTs in the future.

Category
Allocation
HOOK Private Sale
20% tokens
Binance Launchpad Sale
5% tokens
Community
25% tokens
Ecosystem / Treasury
30% tokens
Team
20% tokens

HOOK tokens will be emitted in the following manner:

Hook token emissionAll Hook tokens are expected to be released by December 2029.

HGT Tokenomics

HGT is the inbuilt learn-to-earn token that is used to incentivize app users and is currently not trading anywhere. HGT will have an infinite token supply. Tokens will be constantly minted and spent to incentivize the app users.

uHGT is derived from HGT to sustain the price algorithmically to avoid sudden pump and dumping in the tokens like other play-to-earn models. Inside the Wild Cash app, you earn uHGT, which can be swapped for BUSD.

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Hook Price Prediction 2024

When Maximum Price Minimum Price
June 2024 $0.650 $0.542
July 2024 $0.715 $0.596
August 2024 $0.787 $0.655
September 2024 $0.865 $0.721
October 2024 $0.874 $0.728
November 2024 $1.049 $0.874
December 2024 $1.059 $0.883

In 2024, the Hook Token’s price is expected to exhibit notable fluctuations. As we step into June, the maximum price could reach $0.650, with a minimum of $0.542. July might see a rise, with the maximum price hitting $0.715 and the minimum at $0.596. In August, the prices are projected to further increase, peaking at $0.787 and dipping to $0.655. September’s forecast suggests a maximum of $0.865 and a minimum of $0.721. October could maintain this trend, with prices ranging from $0.874 to $0.728. As we approach November, the maximum price might soar to $1.049, while the minimum could be $0.874. Finally, December is anticipated to see the Hook Token’s maximum price at $1.059, with a minimum of $0.883.

Hook Price Prediction 2025

When Maximum Price Minimum Price
January 2025 $1.070 $0.863
February 2025 $0.972 $0.695
March 2025 $0.992 $0.800
April 2025 $0.902 $0.644
May 2025 $0.980 $0.790
June 2025 $1.078 $0.770
July 2025 $1.057 $0.852
August 2025 $1.268 $0.906
September 2025 $1.281 $1.033
October 2025 $1.165 $0.832
November 2025 $1.188 $0.958
December 2025 $1.200 $0.857

In 2025, Hook Token’s prices are expected to fluctuate. In January, the maximum price is projected at $1.070 and the minimum at $0.863. By December, the maximum price could reach $1.200 and the minimum $0.857.

Price Prediction for Hook Protocol from 2026 to 2030

WHEN MAX PRICE MIN PRICE
2026 $2.052 $0.448
2027 $2.948 $0.488
2028 $3.999 $0.949
2029 $4.249 $1.159
2030 $5.558 $3.865

In 2026, Hook Token’s maximum price is expected to reach $2.052, with a minimum price of $0.448. In 2027, the maximum price is anticipated to rise to $2.948, while the minimum could be $0.488. By 2028, Hook Token’s prices are projected to range between a maximum of $3.999 and a minimum of $0.949. In 2029, the forecasted maximum price is $4.249, with a minimum of $1.159. Finally, in 2030, Hook Token’s prices are expected to peak at $5.558, with a minimum price of $3.865.

trade hook Hook Price Prediction in INR

HOOK Price Prediction in INR (year) MAX PRICE (INR) MIN PRICE (INR)
2026 ₹171.08 ₹37.35
2027 ₹245.78 ₹40.69
2028 ₹333.40 ₹79.12
2029 ₹354.24 ₹96.63
2030 ₹463.38 ₹322.23

n 2026, Hook Token’s maximum price is predicted to reach ₹171.08, with a minimum of ₹37.35. For 2027, the maximum price is expected to be ₹245.78, and the minimum price could be ₹40.69. By 2028, Hook Token’s prices are projected to peak at ₹333.40, with a minimum of ₹79.12. In 2029, the forecasted maximum price is ₹354.24, while the minimum price is anticipated to be ₹96.63. Finally, in 2030, Hook Token’s maximum price is expected to be ₹463.38, with a minimum of ₹322.23.

FAQs

Can HOOK reach 100 USD?

As per our prediction, it may not be possible for HOOK to reach 100 USD before 2030. However, if HOOK keeps progressing, it may have a very high chance of crossing 100USD by 2041.

What is the HOOK price prediction for 2025?

2025 looks bullish for Hooked Protocol. HOOK Price prediction for 2025 suggests it could be trading between $0.644 to $1.281. 

What is the HOOK price prediction for 2030?

HOOK is expected to reach $5.558 by the end of 2030.

Hook Protocol in 2024 & Beyond: Upcoming Updates (Hooked 2.0)

Hooked Protocol is launching the HOOKED 2.0 proposal to revolutionize the education sector through a Web3 social learning ecosystem. This initiative aims to build an immersive open educational network accessible to billions, focusing on crypto education and enabling shared ownership in the crypto space.

Important aspects of the HOOKED 2.0 plan include:

  1. Expansion of Educational Offerings: Building on its success in crypto education, Hooked Protocol is now developing a more diverse and extensive educational ecosystem.
  2. Creation of a Social Learning MetaVerse: In collaboration with ecosystem partners, Hooked Protocol is set to launch the world’s largest social learning metaverse. This platform will introduce new social learning experiences, integrated with the native $HOOK utility.
  3. Hooked AppChain with $HOOK as Native Gas Token: The new AppChain infrastructure, powered by $HOOK, will support all ecosystem learning products and experiences. This innovation aims to enhance the scalability and growth of the HOOKED 2.0 ecosystem.
  4. $HOOK Empowerments in the Ecosystem: The updated ecosystem will offer various methods to generate yields, such as validator nodes, AppChain staking, and other ecosystem engagements, with $HOOK as a reward.

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