Yes, when the demand for a cryptocurrency (like HOOK) increases and more people buy it, its price usually increases. This is called the law of "demand and supply".
But there are a few things to note:
1. Market cap and liquidity – If the total supply of HOOK is very high, then just a few people buying it will not have a big impact on its price.
2. Whale investors – If a big investor (whale) buys a large amount of HOOK, the price may rise, but if the same investor sells it later, the price may also fall.
3. Market sentiment and news – Not only purchases, but crypto-related news, project updates, and market trends also affect the price.
So, it is difficult to say that the rate of HOOK will increase just by purchases. Big investors and market conditions also play a role in this.