HOOK Surges 18% After 8.33M Token Unlock, Trading Volume Soars 1,559% to $134M

HOOKUSDT experienced a significant price increase of 18.13% over the past 24 hours, with the current price at 0.1088 USDT on Binance. This surge is primarily attributed to the recent unlocking of 8.33 million HOOK tokens on June 28–29, 2025, which coincided with a sharp rise in trading activity and volume, as well as heightened market interest reflected in a 1,559% jump in 24-hour trading volume to over $134 million. The price movement also follows a period of strong bullish sentiment and technical resistance levels being tested, with the asset rebounding from its June 21 low of 0.0777 USDT.

Currently, HOOKUSDT is trading with high volatility; the 24-hour trading range was between 0.0921 and 0.1156 USDT, and the circulating supply is estimated at approximately 270 million tokens. The market capitalization is around $29.3 million, and the token remains actively traded on major exchanges.