HOOK Surges 12.72% as 8.33M Tokens Unlock and Volume Tops $41M Amid Bullish Momentum

In the last 24 hours, HOOKUSDT experienced a notable price increase of 12.72%, closing at $0.1028 on Binance, which can be attributed to a combination of factors including the recent unlocking of 8.33 million HOOK tokens on June 28-29, 2025, and renewed bullish sentiment following a strong daily surge that saw the token reclaim its 7-day and 25-day moving averages. Despite this positive momentum, analysts indicate that confirmation of a sustained long-term reversal will require HOOK to break above the $0.125–$0.130 resistance range. The 24-hour trading volume remains robust, exceeding $41 million, reflecting heightened market activity, while the circulating supply is estimated between 238.92 million and 270 million out of a total 500 million tokens. Overall, HOOKUSDT has shown increased volatility and trading interest, with recent developments and technical signals driving short-term gains.