Apr 14, 2025, Posted by: Ronan Caverly

WOOP (Woonkly Power) Crypto Coin Explained - What It Is, How It Works, and Current Outlook

WOOP Token Price Tracker

Current WOOP Metrics

Current Price

$0.0018

24h Change

-42.3%

Market Cap

$262,500

Circulating Supply

228,584,357

Exchange Liquidity Overview

Exchange Pair Price (USD) 24h Volume (USD) Liquidity Share
KuCoin WOOP/USDT $0.0018 $126,835 ≈ 90%
PancakeSwap V3 (BSC) WOOP/WBNB $0.0017 $15,093 ≈ 10%
Gate.io WOOP/USDT $0.0019 $2,786 ≈ 0.2%
LATOKEN WOOP/USDT $0.0020 $0 (no reported volume) ≈ 0%

Note: Over 90% of WOOP trading volume occurs on KuCoin, increasing risk of slippage and manipulation.

Technical Analysis Snapshot

50-day SMA

$0.000303

200-day SMA

$0.000848

RSI (14-day)

48.5

Fear & Greed Index

75 (Greed)

Technical indicators suggest a continued downtrend with bearish momentum. Price forecasts show modest recovery potential.

Investment Risk Assessment

  • Liquidity Risk: Over 90% of daily volume is on a single exchange.
  • Contract Migration: Token has moved addresses multiple times.
  • Adoption Challenge: User base under 4,000 active wallets.
  • Volatility: Historical swings over 40% in a month.

WOOP is best viewed as a high-risk speculative asset. Only invest what you can afford to lose.

Quick Summary

  • WOOP is the utility token that powers the Woonkly decentralized social network.
  • The platform stores posts on IPFS and turns each post into an NFT automatically.
  • Max supply is 1billion WOOP; circulating supply hovers around 230million.
  • Price fell from a $1.45 ATH in April2021 to under $0.001 in October2025.
  • Liquidity is heavily concentrated on KuCoin, with modest volumes on PancakeSwap, Gate.io and LATOKEN.

What Is WOOP?

WOOP is the native utility token of the Woonkly ecosystem. Launched in November2020, WOOP enables users to mint, trade, and earn from content‑derived NFTs on a fully decentralized social platform. The token’s ticker is WOOP and it lives on the Binance Smart Chain (BSC), leveraging BEP‑20 standards for fast, low‑cost transactions.

Behind the Platform: Woonkly, IPFS, and NFTs

Woonkly is a "Metasocial Network" that aims to give creators full control over their data. Instead of storing posts on a corporate server, Woonkly uses the IPFS (InterPlanetary File System) to distribute content across users' devices. Every post is automatically minted as an NFT, creating a unique digital asset that can be bought, sold, or held for future royalties.

This combination of decentralized storage and auto‑minted NFTs is meant to solve two big problems: data ownership and monetization. By keeping files on IPFS, the platform avoids single‑point‑of‑failure attacks and censorship. By turning each post into an NFT, creators earn a share of secondary‑sale profits without needing a middleman.

Token Economics: Supply, Distribution, and Price History

The total supply of WOOP is capped at 1billion tokens. Different data aggregators report slightly different circulating numbers because the token has undergone several contract migrations. The most commonly cited figure is roughly 228,584,357 tokens in circulation, or about 23% of the maximum supply.

WOOP’s price trajectory is a textbook case of crypto hype followed by a brutal correction. The all‑time high of $1.45 was recorded on 2April2021, shortly after the broader NFT boom. Since then the token has shed more than 99.9% of its value, touching an all‑time low of $0.00004374 on 16July2025. By 2October2025 the market price sits between $0.00008 and $0.002, depending on the data source, with a median around $0.0018.

Market capitalization is equally fragmented. Holder.io lists a cap of roughly $262,500, while CoinMarketCap shows a figure closer to $52,540. The discrepancy stems from the different contract addresses that are still being tracked in parallel.

Where Does WOOP Trade? Exchange Comparison

Where Does WOOP Trade? Exchange Comparison

Liquidity for WOOP is thin and heavily skewed toward a single exchange. The table below summarises the four platforms that list the token as of October2025.

WOOP Trading Volume and Price by Exchange (24‑hr)
Exchange Pair Price (USD) 24‑hr Volume (USD) Liquidity Share
KuCoin WOOP/USDT $0.0018 $126,835 ≈90%
PancakeSwap V3 (BSC) WOOP/WBNB $0.0017 $15,093 ≈10%
Gate.io WOOP/USDT $0.0019 $2,786 ≈0.2%
LATOKEN WOOP/USDT $0.0020 $0 (no reported volume) ≈0%

The concentration on KuCoin means that any sudden order book shift can swing the price dramatically. Traders should be wary of slippage and potential manipulation when operating on low‑volume venues.

Technical Indicators and Price Outlook

Across multiple analytics platforms, the technical picture is bearish. Exponential moving averages (EMAs) from 10‑day to 200‑day sit well above the current price, triggering continuous "Sell" signals. The 50‑day SMA ($0.000303) and the 200‑day SMA ($0.000848) are both higher than today’s market level, indicating that the token is still below its longer‑term trend line.

The Relative Strength Index (RSI) hovers around 48.5, which is close to neutral but still inside a broader downtrend context. While a Fear & Greed Index reading of 75 suggests "Greed" on paper, the actual market sentiment remains cautious - only about 57% of the last 30 days closed in positive territory.

Price forecasts for the next quarter remain modest. CoinCodex predicts a high of $0.000547 in October2025 and a low near $0.00031 by January2026. Those numbers imply that a short‑term rebound is possible, but any upside will likely stay under $0.001.

Investor Risks and Considerations

  • Liquidity risk: Over 90% of daily volume is on a single exchange, making large trades expensive.
  • Contract migration uncertainty: The token has moved addresses more than once, raising questions about future upgrades.
  • Adoption challenge: Woonkly’s user base is under 4,000 active wallets, far lower than competing social‑media tokens.
  • Regulatory exposure: NFT‑centric platforms can attract scrutiny in jurisdictions tightening crypto rules.
  • Volatility: Historical swings of over 40% in a month mean price can change dramatically in days.

Given these factors, WOOP is best viewed as a high‑risk speculative asset. Anyone considering a position should allocate only capital they can afford to lose and keep tight stop‑losses.

How to Acquire and Store WOOP Safely

Because WOOP is a BEP‑20 token, any Binance Smart Chain‑compatible wallet works - Trust Wallet, MetaMask (with BSC network added), or the native Woonkly app. Before buying, confirm the contract address on the official Woonkly GitHub or community channels to avoid scam tokens.

To purchase, follow these steps:

  1. Open a BSC‑compatible wallet and fund it with BNB for gas fees.
  2. Navigate to KuCoin (or PancakeSwap if you prefer DEX trading).
  3. Place a market or limit order for the WOOP/USDT pair.
  4. After the trade, verify that the token appears in your wallet’s asset list. If not, add the contract address manually.
  5. For long‑term holding, consider moving the tokens to a hardware wallet that supports BSC (e.g., Ledger Nano X).

Always enable two‑factor authentication on exchange accounts and keep your private keys offline.

Future Prospects: Will WOOP Recover?

Woonkly’s core idea - decentralized social media with automatic NFT minting - aligns with the broader Web3 narrative. If the platform can simplify the user experience and attract a critical mass of creators, demand for WOOP could spike. However, the current data shows stagnant community growth, sparse development updates, and a price that is still 99.98% below its peak.

Realistically, a recovery to even $0.01 would require a 12‑fold increase in both user adoption and exchange liquidity, a hurdle that many niche tokens fail to overcome. Investors should treat any upside as a bonus rather than an expectation.

Frequently Asked Questions

Frequently Asked Questions

What does WOOP stand for?

WOOP is short for Woonkly Power, the utility token that fuels transactions, NFT minting, and rewards within the Woonkly social network.

Which blockchain does WOOP run on?

WOOP is a BEP‑20 token on the Binance Smart Chain, which offers low fees and fast confirmation times.

How can I earn WOOP without buying it?

By creating content on Woonkly, each post is minted as an NFT. When other users buy or trade those NFTs, the original creator receives a royalty paid in WOOP.

Is WOOP a good long‑term investment?

Given the token’s extreme price decline, limited liquidity, and small user base, WOOP is considered high‑risk. It may suit speculative traders but is not a safe long‑term hold for most investors.

Where can I safely store WOOP?

Any wallet that supports Binance Smart Chain works. For maximum security, move the tokens to a hardware wallet like Ledger after purchasing.

Author

Ronan Caverly

Ronan Caverly

I'm a blockchain analyst and market strategist bridging crypto and equities. I research protocols, decode tokenomics, and track exchange flows to spot risk and opportunity. I invest privately and advise fintech teams on go-to-market and compliance-aware growth. I also publish weekly insights to help retail and funds navigate digital asset cycles.

Write a comment

Comments

Jerry Cassandro

Jerry Cassandro

When looking at WOOP, the first thing to note is its extreme liquidity concentration on KuCoin, which makes large orders risky due to slippage. The token's price has been on a steep downtrend since its 2021 peak, and the technical indicators still show bearish momentum. If you decide to dip your toe in, keep your position size small and use tight stop‑losses. Remember, only allocate capital you can afford to lose.

April 14, 2025 AT 00:20
Parker DeWitt

Parker DeWitt

WOOP is just another meme coin 🚀

April 20, 2025 AT 09:04
Allie Smith

Allie Smith

hey guys, i get the hype but honestly the community’s still tiny, under 4k active wallets, so the network effect ain’t there yet. still, if you love low‑cap tokens you might find a sweet spot here. just be ready for wild swings and keep an eye on the KuCoin orderbook. stay chill and enjoy the ride!

April 26, 2025 AT 17:47
Lexie Ludens

Lexie Ludens

Another dead token waiting to be forgotten, the drama around contract migrations is just a circus.

May 3, 2025 AT 02:31
Aaron Casey

Aaron Casey

From a liquidity fragmentation perspective, the over‑reliance on a single custodial venue creates a systemic risk vector. The tokenomics are further compromised by multiple contract migrations, which inject uncertainty into governance and token supply tracking. In short, the market depth is insufficient for institutional appetite, and the speculative premium is already baked in.

May 9, 2025 AT 11:15
Leah Whitney

Leah Whitney

If you’re thinking about entering WOOP, start small and focus on the fundamentals – the platform’s user growth and the real utility of the token within the Woonkly ecosystem. Try to use a hardware wallet for added security, and always double‑check the contract address before any transaction. Managing risk is key, especially with the current volatility.

May 15, 2025 AT 19:58
Lisa Stark

Lisa Stark

The WOOP token serves as a fascinating case study in the lifecycle of speculative assets.
When a project promises decentralised social media with automatic NFT minting, it taps into a powerful narrative.
Yet the reality of adoption is constrained by network effects and user friction.
Liquidity concentration on a single exchange creates a fragile market microstructure.
Price volatility, as reflected by the 42% daily drop, is a symptom of thin order books.
Investors chasing high returns often overlook the underlying utility.
The token’s contract migrations raise legitimate concerns about governance.
From a technical perspective, the SMA indicators sit well above current price, signalling a bearish bias.
The RSI near 48 suggests no clear momentum, reinforcing uncertainty.
Community engagement, measured by active wallets, remains below four thousand, a modest figure for a social platform.
Without a critical mass of creators, the NFT minting engine cannot generate sustainable demand.
Regulatory scrutiny on NFT‑centric ecosystems could further dampen growth.
The prospect of a rebound to $0.01 would require a twelvefold increase in both users and liquidity.
Such a scenario seems improbable without a major product breakthrough or partnership.
Consequently, positioning WOOP as a high‑risk speculative token aligns with the data presented.
Nevertheless, some early adopters may view the current price as a buying opportunity, betting on future network effects.
Investors must weigh the potential upside against the significant downside risk.

May 22, 2025 AT 04:42
Logan Cates

Logan Cates

They’re probably hiding the real contract behind a series of redirects.

May 28, 2025 AT 13:26
Shelley Arenson

Shelley Arenson

👍💡

June 3, 2025 AT 22:09
Joel Poncz

Joel Poncz

i get why u curious about WOOP but the market’s crazy rn. keep ur expectations low and dont put ur rent money in.

June 10, 2025 AT 06:53
Kris Roberts

Kris Roberts

Yo, that data shows the token’s stuck in a downtrend and the volume’s basically a single‑exchange show. If you’re looking for quick gains, you might be better off elsewhere.

June 16, 2025 AT 15:37
lalit g

lalit g

Let’s keep the discussion civil and focus on the facts: low liquidity, limited adoption, and high volatility are the main concerns for WOOP.

June 23, 2025 AT 00:20
Reid Priddy

Reid Priddy

Even if the numbers look decent, the underlying fundamentals remain weak and the token’s future is uncertain.

June 29, 2025 AT 09:04
Shamalama Dee

Shamalama Dee

The token’s utility is currently limited to the Woonkly platform, and without a substantial user base, that utility does not translate into lasting value.

July 5, 2025 AT 17:47
scott bell

scott bell

Wow its like a rollercoaster riding a hamster wheel, you go round and round but never get anywhere.

July 12, 2025 AT 02:31
vincent gaytano

vincent gaytano

Sure, because every token with 90% volume on one exchange is a safe bet.

July 18, 2025 AT 11:15
Dyeshanae Navarro

Dyeshanae Navarro

In simple terms the risk is high and the upside is limited.

July 24, 2025 AT 19:58
Matt Potter

Matt Potter

Buy low, sell high!

July 31, 2025 AT 04:42
Marli Ramos

Marli Ramos

meh...🤷‍♀️

August 6, 2025 AT 13:26
Christina Lombardi-Somaschini

Christina Lombardi-Somaschini

In conclusion, prospective investors should carefully evaluate the token’s liquidity profile, user adoption metrics, and governance history before allocating capital. The concentration of trading activity on a single exchange introduces a heightened risk of price manipulation. Moreover, the limited number of active wallets suggests that network effects have not yet materialized. While the underlying technology of decentralized social media is promising, the market’s current valuation does not reflect a sustainable use case. Therefore, a cautious approach, possibly limited to a speculative allocation, is advisable.

August 12, 2025 AT 22:09
katie sears

katie sears

While the project’s vision aligns with broader Web3 trends, the empirical data indicate significant hurdles. The token’s price trajectory, coupled with a scarcity of meaningful liquidity, underscores the speculative nature of any investment. Potential participants should therefore prioritize thorough due diligence and consider diversified exposure to mitigate concentration risk.

August 19, 2025 AT 06:53
Gaurav Joshi

Gaurav Joshi

We must question the ethics of promoting a token where the majority of trades occur on a single platform, potentially exploiting less‑informed participants.

August 25, 2025 AT 15:37
Kathryn Moore

Kathryn Moore

WOOP lacks substance.

September 1, 2025 AT 00:20

SHARE

© 2025. All rights reserved.