2021 will be a year of challenges and opportunities, and it will also be a year of fully expanding Hoo’s ecology.
On October 20, 2021, Dubai’s “Future Blockchain Summit 2021” ended perfectly. Hoo attracted a lot of attention at this exhibition, with the company featured in leading Middle Eastern media outlets such as Gulfnews and TechX.
As the core city of the Middle East, Dubai is the gateway to the Middle East market. In August of this year, Hoo set up a global operations center in Dubai to drive compliance developments around the world based on Dubai.
With Hoo targeting a global market with regions and countries that support cryptocurrencies, its foray into globalization will also result in a qualitative breakthrough in terms of user volume, transaction volume and miscellaneous revenue. The development of Hoo has reached a new level and the value it creates also promotes HOO’s added value. Strengthening HOO is also the main reason why Hoo is focused on improving the ecology soon.
Two days before the start of the Future Blockchain Summit in Dubai, Hoo Smart Chain published the ecological HOO whitepaper, which presents the distribution of HOO in detail. In HSC as well as more than 20 activation scenarios that were started in the various cryptocurrency service scenarios by Hoo and have not yet started.
In the past 10 days, the Hoo Global Token HOO platform has grown from $ 0.55 to a maximum of $ 0.81, an increase of 47%.
According to HOO’s ecological whitepaper, the total supply of HOO tokens is 100 million, and the current total token in circulation is 82,430,424.1015, the uncirculated token is 17,569,575.8985, which continues to be used for green building, including support for the Development of high quality sectors for the future and as an incentive to make important contributions to ecology.
The circulation of platform tokens such as OKB, FT, BNB, HT etc. as well as the trading volume of the corresponding exchange and the comparison of the trading volume of Hoo. According to Coingecko data, the total amount of OKB is 300 million, the price on October 26 is $ 25.34, and the circulating market value is $ 6,716,040,313.
After several destructions, the current total supply of BNB according to Coingecko data is about 168.1 million, at the same time the price is 486.61 US dollars and the circulating market value 82,035,807,651 US dollars.
Compared to top platforms like Binance and OKEx, Hoo still has a lot of room for growth. Lately, Hoo has been continuously moving, updating and innovating on the product side to create a good experience for the users. The aspect of market expansion made a top-class appearance at the Dubai Future Blockchain Summit and moved into the focus of media attention.
As Hoo continues to grow, the added value of HOO will follow the increase in user volume, transaction volume, and other core data from Hoo.
