Whale Activity Started in the Altcoin, Which Published Its Annual Report: Price Increased 35 Percent Today

WOO Network (WOO) developers published their 17-page annual report today.

The report states that WOO has completed the launch of Multi-MM, the first transparent and live balance sheet. According to the report, in addition to Multi-MM, WOO has launched WOO Turkey, WOOFI Swap and a decentralized order book exchange (DEX).

Blockchain analysis platform Lookonchain detected a significant transaction involving WOO tokens. According to data, a cryptocurrency whale withdrew approximately 11.24 million WOO, equivalent to $4.2 million, from Binance minutes ago.

Following the whale movement and the published report, there was a sudden increase in the WOO price today. The price of the token increased by approximately 35%.

Graph showing today's movement in WOO price.

In the published official report, WOO X also announced that going forward, it aims to obtain licenses in important local and global regions. In addition, the report also focused on some future predictions. WOO developers stated in their statement that they are targeting $ 75,000 in Bitcoin price for the first quarter of 2024.

In addition, developers claim that Bitcoin will turn into a safe haven asset in the new year.

*This is not investment advice.