Today, we witnessed a sharp increase in WOO token price. The discord group was abuzz with #leofinance type talk about the WOO ecosystem. The sell books are thick, the BUY books are thick and the overall volume is out of this world. This post will NOT be speculation, but rather an examination of the current WOO token numbers. This will simply be an exploration of the token ecosystem itself. We will save trend prediction to the "experts".
The first item we will examine is the total volume of trade. WOO is actually #7 in total volume on hive-engine currently! The total volume is 3337.40609727 HIVE which equals $2139.2572839 USD.
Let's not spend too much time analyzing the actual WOO token market, however, I would like to note that both the sell and buy book are very full. There is a lot of buy and sell pressure, which is evident from the high volume. Lots of WOO tokens are being traded currently!
Next, let's take a look at the diesel pools at tribaldex.com. WOO can pair with DEC, PIZZA SPS and swap.hive! Additionally, WOO alpha packs can pair with pizza tokens. The price, total liquidity, fee earned and volume for each pair is stated above. Again, I want to avoid ballparking the future, so please study the above numbers and maybe compare them to past numbers to calculate . This can be very speculative though. Some users simply calculate how much the current pools will make.
In closing, let's look at the tokenomics of the WOO token.
The max supply is 3 Billion. The circulating supply is 112,898,012.247 and the total staked is 32,817,623.504. Let us do some quick math to determine the percent of WOO tokens staked out of the circulating supply. 32 817 623.504 is 29.0684% of 112 898 012.247 ... around 29% of the circulating supply is staked.
Conclusion: The Woo volume is already the top seven {7} total volume on Hive-engine. The sell and buy books for WOO tokens are relatively thick. The percent of the circulating supply that is staked is almost 30 percent. There are 4 current diesel pools for WOO tokens and one for WOO alpha packs. Additional [and updated] information can be found BELOW.
https://tribaldex.com/dieselpools/pools
https://leodex.io/token/WOO
