WOO Price usd_woochain Price today

WOO woochain

Go trade

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＄0

Glob. Mkt Cap Rank： Unranked

2024-08-07:09:35:03update

24H High

0.012346

24H Turnover

0.00

Max Supply

0.0

24H TR

0.0%

24H Low

24H Vol

1160430.17

Curr. Issued

0.0

24H High-Low

ATH

0.01

Highest Mkt Cap

0.00

Circulating Supply

0.0

Dominance

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ATL

0.01

Mkt Cap (Float)

0.00

Circulating Supply

Issue Date

Introduction

Latest News

News Flash

Basic information

Full Currency Name	/WOO
Currency Code	WOO
Coin Intro	"WOOCCHAIN, abbreviated as WOO Token, has a total supply of 500 million WOO. WOO is jointly initiated by the African Rosewood Industry Association and investment institutions. By developing and utilizing features of blockchain technology such as smart contracts, traceability, immutability, and Proof of Stake (POS), WOO aims to support the Global Tropic Rainforest Protection Project. It aspires to become a pioneer in the integrated development of global natural resources and the digital economy. The current price of WOO is $0.0016514, with a 24-hour trading volume that is currently unavailable. There has been no change in WOO within the past 24 hours. Its market cap is currently unavailable, as is its circulating supply, though the issued amount is 500 million WOO."
Issue Date
All-Time High	$0.1522842
All-Time Low	$0.00092194
Total Supply	500000000
Circulating Supply	0
Circulating Supply Percentage	0
Market Cap	NaN
Fully Diluted Market Cap	$3.302888e-12
Mkt Cap (Float)	$
Circulating Market Cap % of Global Total
Listed on Exchanges	0
Official Link	http://www.woocoin.io/
Whitepaper	https://learn.woo.org/
Blockchain Explorer	"https://etherscan.io/address/0x4691937a7508860f876c9c0a2a617e7d9e945d4b"
Telegram	"https://t.me/woonetwork"
Github	https://github.com/woonetwork
Twitter	https://twitter.com/WOOnetwork
FaceBook
Reddit

Currency Introduction

WOO is jointly initiated by the African Redwood Industry Association and investment institutions. It leverages blockchain technology, including smart contracts, traceability, immutability, and Proof of Stake (PoS) features, to develop a global ecosystem for shared resources aimed at supporting the Global Tropical Rainforest Protection Project. WOO is committed to becoming a pioneer in the integrated development of natural resources and the digital economy worldwide.

The value advantages of WOO: By integrating international payment and settlement systems with O2O consumption scenarios, it will create an all-encompassing ecosystem for investment and consumption across various sectors in Africa. Based in Africa but serving global asset clients, WOO provides secure, stable, and fast trading services for WOO asset reserve investors and holders of digital assets like Bitcoin. It also offers services to expatriates and local citizens in Africa to protect their currency from inflation and achieve asset appreciation. WOO will become the token for transaction settlements in cross-border trade between Africa and the rest of the world, with vast future prospects and significant economic and social value.

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Development History

2024-07-23
【Cryptocurrency Analyst Willy Woo Highlights 5 Key Macro Signals for Bitcoin】

In a recent post on X, renowned cryptocurrency analyst Willy Woo shared his insights on five macro signals for Bitcoin, identifying three bullish indicators and two bearish factors. Here’s a closer look at his analysis:Bullish IndicatorsEnd of Miners Capitulation:Woo considers the end of miners' capitulation a reliable bullish indicator. With miners no longer offloading their holdings, this suggests a stabilization and potential upward momentum for Bitcoin.Hash Rate Recovery:The Bitcoin network's hash rate is recovering, coinciding with the deployment of next-generation mining hardware such as the M66s and S21 Pros. Woo notes that the hash rate is set to increase significantly, indicating network strength and miner confidence.Puell Multiple:The Puell Multiple, which measures miners' relative profit to past revenues, has hit a crucial macro bottom. This two-part signal suggests:Macro bottoms occur when mining profitability is at its lowest.A signal bottom happens post-Bitcoin halving, when miner earnings are halved, setting the stage for a bull run.Woo asserts that miners are now poised to earn substantial profits, making it a good time to invest in mining operations.Bearish IndicatorsIncrease in Coins Entering Exchanges:A significant amount of Bitcoin, notably 50,000 BTC from Mt. Gox, is being moved to Kraken. This influx is being front-run by other large transfers, potentially increasing selling pressure.Ethereum Spot ETF Launch:The imminent launch of the Ethereum spot ETF could divert capital from Bitcoin ETFs to Ethereum ETFs. The extent of this shift is uncertain but represents a bearish risk for Bitcoin.Overall OutlookWoo concludes with an optimistic view, believing that the bullish factors outweigh the bearish ones. He notes that breaking the $73,000 level could trigger a short squeeze, propelling Bitcoin to $77,000 and beyond, entering a phase of price discovery.This comprehensive analysis by Woo provides a nuanced view of the current market dynamics, highlighting the interplay between fundamental strength in mining and potential short-term pressures from increased exchange inflows and the new Ethereum ETF.