November HOO Price Doubles: More Empowering Scenarios are the Driver


Since the establishment of its global operations center in Dubai in August this year, Hoo has gradually started its global strategic expansion. At the same time, HOO’s ecology is also being improved. This series of initiatives has gained market recognition and has been demonstrated by the increase in the prices of HOO. As of now, HOO has achieved outstanding performance in November, up nearly 120% and with a price exceeding $1.2 again. In just 20 days, the price of HOO has nearly doubled, what has enabled HOO to achieve such rapid growth?

The international expansion brings an influx of new users

2021 is an important year for Hoo to head towards global compliance development. At the beginning of this year, Hoo received approval from the U.S. Department of the Treasury and the Canadian Department of Finance to obtain the MSB license to operate cryptocurrency businesses in the U.S. and Canada. In the second half of the year, Hoo set its sights on UAE and established its global operations center in Dubai. Relied on Hoo’s complete blockchain industry eco-infrastructure and resources for technology research and development, Hoo has reached several collaborations with local governments and enterprises, jointly promoting the development of blockchain technology and applications in the region. In addition to the policy advantage, the geographical advantage is also an important reason why Hoo chose Dubai as its first stop for global development. Rooted in Dubai, Hoo will gradually penetrate the Middle East, Southeast Asia, as well as other markets, and gradually spread its influence on the world. Up to now, Hoo has more than 2 million registered users, covering more than 120 countries and regions around the world. Hoo has become one of the most widely distributed crypto trading platforms in terms of users.

A phased upgrade of HOO ecology in November

The value of HOO is reflected in two main areas: the economic model of the pass-through and the ecological richness. On October 15, Hoo Smart Chain (HSC) released a white paper on HOO ecology, which provides a comprehensive upgrade of HOO rights. It can be seen that Hoo is amid a comprehensive planning process for HOO’s ecological interests, and it was reflected in November through the price of HOO.

Hoo Smart Chain (HSC) also announced its new upgrades on November 18. HSC will be built into a vertical metaverse ecological public chain through four stages of innovative upgrades: visualization, stereoscopic, interactivity, and metaverse. HOO, the token of HSC, will be the core value exchange pass amid the construction of HSC metaverse ecology. HOO will become a value exchange medium to compose ecological buildings, construct and build cities, auction land resources, vote in communities and organizations, recruit the indigenous residents, construct public buildings as well as transport systems with other applications in finance.

The ecological empowerment obtained by HOO will become more and more powerful. Whether in terms of destruction strength, application scenarios, or holding rights and interests, it is guaranteed that the real deflationary platform pass HOO is with strong explosive power and lasting vitality. There will be more and more rights and scenarios empowering HOO shortly.