Hooked Protocol
Current price
$0.002879
−5.85%24h
LiveUpdated 14s ago
TodayHooked Protocol drops 5.9%, trailing the market.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour−1.71%
- 24 hours−5.85%
- 7 days−17.10%
- 30 days−30.98%
- 1 year−95.96%
Hooked Protocol's move in context
Lagging the market today
−5.85% today against −3.24% for the market as a whole, a gap of 2.6 points. Small gaps like this are common, so they don't point to anything specific.
Part of a slide
−17.1% over 7 days and −31.0% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Hooked Protocol
Overview
Hooked Protocol is an innovative cryptocurrency designed to revolutionize the way users interact with blockchain technology by fostering engagement and education in the crypto space. Its core mission is to bridge the gap between traditional Internet users and the Web3 ecosystem, making it accessible to a broader audience. The protocol emphasizes user empowerment through rewards and incentives, encouraging contributions and active participation within decentralized applications (dApps). One of its distinguishing features is its gamified learning approach, which allows users to earn rewards while learning about blockchain technology and its applications. This strategic focus not only aims to educate users but also to create a strong, involved community around the cryptocurrency.
Technical Features
Hooked Protocol operates on a robust blockchain architecture designed for scalability and security. Its consensus mechanism is based on a proof-of-stake (PoS) algorithm, which allows users to validate transactions based on the number of coins they hold and are willing to "stake" as collateral. This mechanism not only enhances security but also promotes energy efficiency compared to traditional proof-of-work systems. The protocol employs advanced cryptographic techniques to secure user data and transactions, ensuring a trustworthy environment for all participants. Additionally, the network architecture is modular, allowing developers to easily build and integrate new dApps within the ecosystem, utilizing unique frameworks that facilitate rapid development and deployment.
Use Cases
Hooked Protocol has a wide array of use cases that extend across different sectors of the crypto world. One of its primary applications is in decentralized finance (DeFi), where users can engage in lending, borrowing, and trading activities while earning rewards in the form of native tokens. The protocol also incorporates governance features, enabling token holders to propose and vote on significant changes within the ecosystem. In the realm of non-fungible tokens (NFTs), Hooked Protocol supports the creation and trading of digital assets, enhancing user ownership and monetization opportunities. Furthermore, its smart contract functionality allows developers to create complex dApps, streamlining various processes such as cross-border payments and automated financial agreements.
Development Background
Hooked Protocol was established by a dedicated team of blockchain enthusiasts and experts who recognized the need for a more engaging approach to cryptocurrency education and participation. The project gained momentum through strategic partnerships with several prominent organizations in the blockchain sector, further bolstering its credibility and reach. Since its inception, Hooked Protocol has celebrated numerous milestones, including successful launch events, community-building initiatives, and collaborations with educational institutions aimed at promoting blockchain literacy. These efforts have positioned Hooked Protocol as a notable player in the evolving landscape of cryptocurrency.
Community and Ecosystem
The ecosystem surrounding Hooked Protocol is vibrant and diverse, fueled by a passionate community of users, developers, and advocates. The protocol encourages developer participation through various grants and support programs, fostering innovation and new project development. Partnerships with crypto exchanges, educational platforms, and other blockchain projects have further enriched its ecosystem. The community actively participates in forums, social media platforms, and events, making it a collaborative environment where ideas flourish, and knowledge sharing is prioritized. This thriving community plays a pivotal role in shaping the future of Hooked Protocol.
Future Potential
The future potential of Hooked Protocol is promising, given its comprehensive approach to education, community engagement, and innovative use cases. As the demand for decentralized solutions continues to grow, the protocol is poised to expand its offerings and functionalities. Upcoming developments on its roadmap include the introduction of next-generation dApps, enhanced staking rewards, and further integration with existing DeFi platforms. The commitment to continuous improvement, alongside an engaged community, positions Hooked Protocol to significantly impact the broader blockchain ecosystem, making it an exciting project to watch.
Hooked Protocol market
- Position by market cap among the coins we track.
- #400
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $993.35K
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.002877High $0.003058
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $4.07
- Now 0% of itReached 6 Feb 2023 · Needs +141,269% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 345.03M HOOK
- 69% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 500M HOOK
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 500M HOOK
- The most coins that can ever exist. Some coins have no limit.
Hooked Protocol converter
1 Hooked Protocol = $0.002879
