Is woo a hundred times coin?

WOO is not a hundred times coin, it is a digital asset trading protocol based on Ethereum, with the following main use cases: Liquidity provision, transaction mining, governance, ecosystem construction, WOO has a limited supply and deflation mechanism, with a total supply of 3 billion coins, 1.188 billion pieces have been circulated.

No, WOO is not a hundred times coin

WOO Network (WOO) is a digital asset trading protocol based on Ethereum. It offers a unique hybrid trading model that combines the features of Centralized Exchange (CEX) and Decentralized Exchange (DEX).

Unlike 100X Coin, WOO is not a speculative asset designed to increase in value quickly. Instead, WOO is intended to be a utility token that provides value within the WOO Network ecosystem. Here are some of the main use cases for WOO:

Liquidity Provision: Users holding WOO tokens can deposit them into the liquidity pool on the WOO X trading platform to earn trading fees. Transaction Mining: Users who trade on WOO X can earn WOO rewards, an incentive designed to increase transaction volume. Governance: WOO token holders can participate in the governance of WOO Network and decide the future development of the platform by voting. Ecosystem building: WOO aims to bring value to its ecosystem through cooperation with other projects and protocols. In addition, WOO has the following characteristics:

Limited supply: The total supply of WOO is 3 billion, of which 1.188 billion have been circulated. Deflation mechanism: WOO Network regularly buys back and destroys WOO tokens from the market, which helps reduce the supply of tokens and increase their value. Overall, WOO is a utility token that provides value within the WOO Network ecosystem, rather than a speculative 100x coin.

In the turbulent cryptocurrency market, WOO (WOO) suddenly emerged and became a high-profile token. As of 13:00 on June 28, 2024, the latest price of WOO was $0.21943835127622, ​​and the 24-hour trading volume was as high as $8689708.7708676. Shocking the market, WOO surged 2.99161007% in the past day, highlighting its strong growth potential.

WOO has a total supply of 1907196188.55 and a circulating supply of 1907196188.55, indicating its relative scarcity. This could further drive up its value, as scarcity generally increases the value of an asset. WOO’s market cap is $418511987.17571, further proving its importance in the cryptocurrency landscape.

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