HOOK Surges 19.74% After Token Unlock, Trading Volume Tops $120M Amid Bullish Momentum

Hooked Protocol (HOOKUSDT) experienced a significant price increase of 19.74% over the last 24 hours, with the current price at $0.1086 and a 24-hour trading volume exceeding $120 million on Binance. The recent price surge is attributed to strong bullish momentum following the June 28–29 token unlock of approximately 8.33 million HOOK, which increased circulating supply and attracted heightened trading activity. Positive technical indicators, a breakout above key moving averages, and increased market interest—especially on Binance—have contributed to the upward trend. The circulating supply stands at around 270 million HOOK out of a 500 million total supply, and the market capitalization is estimated at approximately $29.44 million.