HOOK Surges 21.69% After 8.33M Token Unlock, Trading Volume Tops $99M Amid Bullish Momentum

In the past 24 hours, HOOKUSDT experienced a significant price increase, rising 21.69% from an opening price of $0.0890 to $0.1083. This surge is primarily attributed to the recent unlocking of 8.33 million HOOK tokens on June 28–29, 2025, which heightened market activity and drew increased attention from traders. Technical indicators, such as HOOK/USDT trading above its 7, 25, and 99-day EMAs, along with strong trading volumes, have reinforced bullish sentiment. The token’s price movement also aligns with positive social sentiment and technical analysis pointing toward a potential breakout, especially as the price approached key resistance levels.

Currently, HOOKUSDT is trading at $0.1083 with a 24-hour volume exceeding $99 million and a market capitalization around $28.8 million. The asset has shown notable volatility, with a daily range between $0.0791 and $0.1156, and remains actively traded on Binance.