WOO is the utility and governance token of the WOO Network, powering decentralized and centralized trading infrastructure including WOOFi (a DEX) and WOO X Pro, with use cases in staking, governance, yields, and fee discounts.
The token trades in very low-price territory (~$0.016–$0.018 USD), far below its all-time highs near $2.48, reflecting prolonged weakness and macro risk-off conditions in crypto markets.
Recent price action shows bearish pressure and technical breakdown below key moving averages, exacerbated by wider market sell-offs.
Past security issues — like the 2025 WOO X hack — have left lingering sentiment drag, keeping traders cautious despite occasional tokenomics improvements such as burns.
Market cap sits modestly around $30–$35 million USD, with daily volume showing that relatively active trading still occurs despite downward price pressure.
Analysts and traders will watch whether support near recent lows holds — a break lower could prolong downside, while renewed platform growth might spark modest relief.
@WOO Ecosystem $WOO #WOOToken #woo