What is WOOF Coin? Analyzing the WOOF Token from WoofWork.io

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What is WOOF Coin Analyzing the WOOF Token from WoofWork.io-article

So, what is WoofWork? Also, what relation does the WOOF coin play wrong its ecosystem? In this article, we volition code those and galore different questions. Now, earlier we give our attraction to the WOOF coin, its tokenomics, and usage cases, we’ll guarantee you recognize the ins and outs of the WoofWork crypto project. As we research this task much in-depth, we’ll besides analyse the project’s roadmap and community.

After ensuring you are good acquainted with this project, we'll analyse the WOOF token and absorption connected the $WOOF terms action. You’ll larn wherever the token has been and what the main levels of enactment and absorption are. Plus, we volition besides connection immoderate speculative WOOF coin terms predictions.

With each this accusation connected your side, you’ll yet get to reply whether oregon not you should bargain $WOOF. And, to further assistance you with that decision, you’ll get to usage the WOOF token leafage that Moralis Money provides you with.  

official website of the WoofWork crypto project

What is WoofWork?

WoofWork is simply a Web3 freelance marketplace successful the making. Yes, it’s important to enactment that portion the task and its WOOF coin are officially live, the level itself is successful the making. Furthermore, the WoofWork crypto task aims to go a starring freelance marketplace wherever folks tin find Web3 gigs and jobs and gain successful crypto. This is besides wherever the project’s “Work successful Crypto, Earn successful Crypto” tagline comes into play.

According to the accusation connected the woofwork.io website, the marketplace volition alteration its users to hire/get paid successful $WOOF, $SHIB, $ETH, and much than 100 different cryptocurrencies. 

The project’s About page further outlines what makes WoofWork much charismatic than different freelance marketplaces. With its 3 halfway advantages, it lists the information that WoofWork is disposable worldwide, offers the champion fees, and that it prioritizes Web3 gigs. 

The About leafage besides introduces the “WoofBosses” and “WoofWorkers” terms. The erstwhile refers to users who station enactment opportunities connected the platform, portion the second refers to freelancers who instrumentality connected those gigs.

Nonetheless, connected the About page, 1 tin besides larn that the task is readying to motorboat connected the Shibarium web first. However, the imaginativeness is to marque the level enactment aggregate chains.

Fundamentals of the WoofWork Crypto Project

One of the halfway fundamentals of the WoofWork crypto task is its nonsubjective to make a crypto-friendly freelance platform. Plus, the program to initially people the Web3 realm besides makes a batch of consciousness arsenic those users are the ones who are astir apt already acquainted with however crypto works and would, therefore, beryllium funny successful paying and being paid successful cryptocurrencies.

woofwork vs upwork vs fiverr

Highlights of the WoofWork Crypto Compared to Traditional Freelance Platforms

The WOOF crypto task really outlines respective aspects successful which it plans to beryllium amended than the presently starring Web2 freelance platforms: Upwork and Fiverr. These are the highlights:

  • Availability - While some Upwork and Fiverr look antithetic restrictions (applications required and state restrictions), WoofWork volition beryllium permissionless and accessible worldwide.
  • Payment Methods of the Future - Both accepted freelance platforms lone judge fiat, portion WoofWork aims to enactment hundreds of cryptocurrencies.
  • Lower Platform Fees - According to WoofWork, Upwork and Fiverr person fees that scope up to 20%. However, WoofWork program to enactment successful the 0%-5% region.
  • Service Fees - Due to fiat processing methods, some Fiverr and Upwork person a minimal 5% process fee. Thanks to the highly thin quality of the Shibarium network, WoofWork volition person precise debased state fees.
  • Staking Program - This caller Web3 freelance level plans to connection PoW (proof-of-work) staking program.
  • Lucrative Referral Program - WoofWork promises to connection up to 20% referral commissions.
  • Identification - Unlike accepted freelance platforms, wherever KYC is required, WoofWork volition not person specified requirements.
  • Dispute Resolution - Disputes connected the WOOF crypto level volition beryllium resolved successful a decentralized manner.
  • Login - Users won’t request to supply their emails; their Web3 wallets volition instrumentality attraction of the login process.
  • Decentralized Escrow (DEscrow).
  • New Ways to Hire - On WoofWork, users volition beryllium capable to prosecute "WoofWorkers" oregon take a "WoofPack."
  • Services - While the WOOF crypto level plans to initially absorption much connected Web3 services, it aims to enactment each types of services.
  • Governance - The imaginativeness of this Web3 freelance web is to found a DAO that volition govern the platform.

WoofWork Collaborations and Integrations

Another important facet of the cardinal investigation (FA) is looking astatine the projects with which WoofWork integrates. You tin find them successful the representation below, and we promote you to analyse them further connected your own:

WoofWork.io-integrations

Roadmap of WoofWork

While the WOOF token is already trading, the level is not yet live. As such, the project’s roadmap is rather important. However, unfortunately, the second doesn’t supply immoderate wide timeframes. Instead, it sticks to the pursuing six-phase outline:

roadmap of the woof coin and woofwork project

Based connected our analysis, the WOOF crypto task is presently determination betwixt phases 2 and three.

The pursuing representation of the WoofWork ecosystem (a.k.a. WoofVerse) whitethorn besides supply you with an further overview of wherever the task is headed. That is, if it manages to deliver:

woofverse ecosystem array  graph

Community

Although astir of the project’s features are not unrecorded yet, including Wooferral Program, WoofBurns, POW Staking, and Woof NFTs, you tin already prosecute with the vibrant WoofWork community. The second is known arsenic WoofPack and is designed to bring folks passionate astir Web3 and freelancing together.

official twitter (X) relationship  of the woof token crypto project

The task utilizes assorted channels, including Discord, Twitter, Telegram, Medium, and YouTube, to make and foster a beardown community. If you privation to cheque retired these channels, we urge accessing them via the project’s authoritative website to debar scams. To bash so, hover implicit the “WoofPack” enactment successful the apical paper and past prime the “Community” option. Once connected that page, you’ll spot links to each of the aforementioned outlets:

What is WOOF Coin Analyzing the WOOF Token from WoofWork.io-community-WoofPack

As mentioned, the task plans to make its ain DAO acting arsenic governance, which volition beryllium called Woof DAO. Moreover, this volition beryllium different inferior for the WOOF token.

As for the project’s halfway team, this is however the “Community” leafage presents it:

WoofWork.io-team

So, the squad is not doxxed; however, you tin find @woofoshi connected Twitter:

WoofOSHI

What is the WOOF Coin?

The WOOF coin ($WOOF) is the WoofWork crypto platform’s inferior token. The WOOF token follows the ERC-20 modular and lives connected the Ethereum blockchain. This fungible token went unrecorded connected January 31, 2023, erstwhile its developers executed the minting transaction.

It’s besides worthy noting that according to the accusation connected the project’s authoritative website, the WOOF coin volition migrate to the Shibarium web erstwhile the second goes live.

etherscan information  for the WOOF coin

Tokenomics

These are the halfway tokenomics of the WOOF token:

  • Project name: WoofWork
  • Tokens symbol/ticker: WOOF ($WOOF)
  • Total supply: 7,900,000,000
  • Network: Ethereum (planned modulation to Shibarium)
  • Type: ERC-20
  • Initial distribution: 5% marketing, 5% rewards, 10% partnerships, 80% liquidity
  • The task claims to person locked the $WOOF liquidity
WoofWork.io-WOOF-crypto-tokenomics

Use Cases of the $WOOF Token

Since the WoofWork crypto level is not unrecorded yet, the halfway usage cases of the WOOF token haven’t travel to fruition yet. So, astatine the clip of writing, you tin commercialized and HODL $WOOF, but you cannot yet usage it for immoderate of its intended purposes.

Stay up of the markets with real-time, on-chain information insights. Inform your trades with existent marketplace alpha!

The existent imaginativeness and plans foretell these $WOOF utilities:

  • WoofWorkers volition beryllium capable to gain successful $WOOF. Those who volition opt for that volition get to bask 0% level fees.
  • WoofBosses volition get to involvement $WOOF. Those who bash truthful volition get to bask 0% level fees.
  • The WOOF token volition powerfulness PoW staking.
  • The Wooferral programme volition tally connected $WOOF.
  • Woofaversity volition tally connected the WOOF coin and volition besides pain $WOOF.
  • $WOOF volition service arsenic a spouse outgo token - it volition beryllium utilized for listings connected WoofWork.
  • The WOOF crypto token volition besides go the governance token of the Woof DAO. 

WOOF Coin Price Analysis

What is WOOF Coin Analyzing the WOOF Token from WoofWork.io-price-chart

The supra logarithmic regular illustration intelligibly indicates the terms enactment of $WOOF ever since it started to commercialized until this day. We’ve besides marked the minimum and maximum prices of the plus arsenic good arsenic each the much important levels of enactment and resistance.

$WOOF listed connected February 1, 2023, astatine $0.0004529 and went connected a decent 300%-plus tally wrong the archetypal 5 hours of trading. The pursuing 20 hours brought connected a astir 60% correction; however, afterward, the terms of the WOOF coin rallied further. It reached its highest constituent - the existent all-time precocious (ATH) level - connected February 8, 2023. This level sits astatine $0.004895.

But pursuing the archetypal 10x-plus rally, $WOOF flipped its trend, and what followed was a 126-day-long correction. During that period, the terms of $WOOF decreased by much than 90%. The lowest constituent - the all-time debased (ATL) level - was acceptable astatine $0.0002915, which is noticeably little than the listing price. Since mid-June 2023, the token hasn’t reached those lows again. And, with 1 short-lived pump to the $0.00045-ish level, the token has been moving chiefly sideways astir the $0.0003-ish level.

At the clip of writing, the terms sits astatine $0.0003312.        

WOOF Coin Price Prediction

The above-outlined illustration besides indicates that the WOOF’s bottommost is astir apt in. So, if the full crypto marketplace shows signs of strength, $WOOF could commencement moving done its levels of resistance. As such, the supra bluish lines correspond the astir apt terms predictions connected the token’s mode to its ATH. Moreover, the astir important ones are $0.00045-$0.0005$0.00063-$0.00068$0.001-ish, $0.0012-$0.0013-ish, $0.0021-ish, $0.0027-ish, and $0.0034-ish. 

woof coin terms  prediction terms  chart

Of course, the project's improvement volition play an important portion successful the aboriginal of the WOOF token price. If the Shibarioum web launches soon and the task delivers connected each its promises, the token’s terms should bespeak that. In that case, $WOOF could acceptable its caller ATH.

This determination would besides enactment the token successful the price-discovery region. So, to get immoderate tangible terms levels, we tin usage the Fibonacci retracement tool. And the astir optimistic level (the “4.236” extension) that this instrumentality provides america with points to $0.017-ish. That’s astir 51x supra the existent $WOOF price. 

While that speculative terms seems alternatively high, considering that the mean altcoin tends to summation successful worth by 50-70x during a bull run, it is not astatine each impossible. 

After all, the WOOF crypto’s existent marketplace headdress is lone $2.61 million. So, adjacent a 51x summation would inactive enactment this asset’s marketplace headdress conscionable supra $133 million. And we each cognize that palmy projects typically transverse the $1 cardinal mark. Of course, the question remains whether oregon not the WoofWork task has what it takes to beryllium that successful.

Should-you-buy-the-WOOF-token

Should You Buy $WOOF?

The supra sections gave you rather a batch of accusation to enactment with. In fact, the supra sections should beryllium much than capable for you to determine whether oregon not $WOOF deserves your attraction further.

If not, you ought to hide astir this task and determination connected to different altcoins opportunities. After all, determination are countless different existing and caller tokens with precocious potential. Plus, successful 2023, you tin usage Moralis Money’s main diagnostic - Token Explorer - to find the champion altcoin opportunities astatine immoderate fixed moment. 

However, if you determine that WOOF is worthy of your attention, past you ought to probe this task and its token further. And there’s nary amended spot to bash that than the Moralis Money WoofWork.io ($WOOF) token page.

On that page, you volition find each the links, resources, and tools that volition assistance you reply the supra question. Plus, if you travel to the decision that you should bargain $WOOF, this leafage volition besides assistance you get your timing right. This is wherever alpha metrics - Moralis Money’s real-time, on-chain insights - travel into play. 

Thanks to these metrics, you’ll get to find if WOOF is gaining oregon losing on-chain momentum. And since on-chain enactment ever precedes terms action, you volition beryllium capable to participate your presumption astatine the close time.

So, travel the supra nexus to entree the WOOF page, oregon simply usage the interactive widget below. 

Where to Buy the WOOF Coin?

If you spell to the “Exchanges” conception connected the woofwork.io website, you’ll spot that determination are galore places wherever you tin bargain $WOOF. However, if you deed the “Buy $WOOF” fastener connected the project’s page, it volition nonstop you to Uniswap.

But since you’ll already beryllium utilizing the Moralis Money token leafage for WoofWork, you tin instrumentality a user-friendlier way to bargain $WOOF. After all, there’s an instant crypto swap diagnostic astatine the apical of that page:

Where-to-buy-$WOOF

The second already includes the WOOF token arsenic the people currency, truthful it eliminates the hazard of landing connected a incorrect trading pair. Plus, acknowledgment to the powerfulness of the 1inch aggregator, this way besides ensures you get the champion disposable price.      

What is WOOF Coin? Analyzing the WOOF Token from WoofWork.io - Key Takeaways

  • The WoofWork crypto task aims to usage the memetic powerfulness of the Inu canine breed to motorboat a Web3 freelance platform. 
  • At the clip of writing, the level is not unrecorded yet; however, the WOOF coin is.
  • The WOOF token lives connected the Ethereum concatenation and follows the ERC-20 token standard. Once the Shibarium web goes live, the task plans to modulation the WOOF currency to that layer-2 network. 
  • The terms of $WOOF is presently trading adjacent the asset’s lows. So, if the task delivers what it promises, these levels whitethorn crook retired to beryllium a large entry. 
  • If you are funny successful buying $WOOF, you request to usage Moralis Money to DYOR further.
  • Moralis Money’s $WOOF leafage volition besides assistance you get the timing right. Plus, it is besides arguably the champion spot to bargain WOOF.

Whether you extremity up buying $WOOF oregon not, you request to see different altcoin opportunities. The champion instrumentality to find tokens earlier they pump is brought to you by Moralis Money

You tin commencement utilizing Moralis Money's Token Explorer for free. However, if you are looking for the eventual edge, you ought to see opting for the Starter oregon Pro plans. They unlock little timeframes and almighty alert features that let you to beryllium among the archetypal to spot tokens that are gaining on-chain momentum.

In fact, galore of the Moralis Money Strater and Pro users person been making unthinkable gains with tokens similar SDEX, BOBO, DUST, MTE, $BITROCK, POP, and galore others. So, usage Moralis Money and find up-and-coming crypto opportunities today!  

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