ETH Whales Buy WOO Token As Network Hints Big Announcement

Ashish Kumar
March 19, 2022
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

The Woo Network raised the curiosity among the investors by dropping hints related to its future. Seems like the largest of the Ethereum (ETH) whales are also interested in it.

As per WhaleStats, WOO token has made it back on the list of the top 10 tokens purchased in the last 24 hours by the biggest 100 ETH whales. Meanwhile, the token’s 24-hr trading volume has seen a surge of over 460%.

Advertisement
Advertisement

WOO to add new features

The Woo Network in a tweet said that Monday is going to be a big one. The DeFi platform will be undergoing a scheduled system upgrade on 21 March. Its official announcement mentions ‘ New staking program’ will be dropped, while, it mentions that other more features with details will also be added.

The largest ETH wallets have added some more WOO tokens ahead of the big day. The token stands at the 7th spot among the top 10 coins bought in the past 24 hours by whales. The top 100 ETH whales hold over $32.6 million worth of WOO coins.

Advertisement
Advertisement

WOO’s 24-hr trading volume rises by around 500%

The crypto investors have also shown their major interest in the coin over recent announcements. The WOO token’s price has seen a surge of over 25% in the last 24 hours. The coin is trading at an average price of $0.617, at the press time. Its 24-hr trading volume stands at $179,034,831 with a whooping surge of around 500%. According to CoinMarketCap, WOO is placed at 115th position with a total market capitalization of $589 million.

WOO price 19th March
Source: CoinMarketCap

Earlier, WOO notified that Network’s portfolio is now being tracked on Debank which supports its staking.

Advertisement
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.