More Insight Into The $WOO Token 50% Pump. Why It Could Easily Go 300% More! 🤑🚀📈

Yesterday, I made a post (LINK HERE) highlighting how the WOO token price jumped by 50% overnight.

After giving it slightly over 2 full days, it does seem that this isn't just a flash in the pan event and the price has held stable since then. As can be seen in this screenshot of the candlestick chart of the WOO token, the price might have tapered off slightly but it is significantly higher than before.

I had just given some general opinions yesterday as to why the game's impending release would cause such a sudden rise in price. I went back to dig deeper today for something more specific and managed to find what I think is the biggest driver of this pump. WOO Land.

Let's take a look at this closed beta preview that @bookerman gave in the discord. In it, it shows that playing the game requires your team to move from "Territory" (aka WOO Land) to "Territory" for each and every single match.

• You need $WOO to "travel".
• You need to wrestle in a territory and share your $WOO winnings with the Land owner.
• The amount of $WOO you win (and the owner of said Land gets) depends on the number of "STARS" aka Rarity of Land, AND how much it has been UPGRADED.

Look at the number of different upgrades each WOO Land is able to make. Each of those affects the different stats but I think we can just condense it all to say it will generally determine how much $WOO each match brings in. 😜

I'm not sure if the "upgrade costs" are actually that cheap at the lower levels. If so, I think we can expect that the prices will go up exponentially as the levels increase before you hit the maximum possible level. It also seems that there is a timer to limit how soon you can upgrade your lands too. That means we won't see instantly maxed lands out of the box.

So the final question is. How much $WOO exactly do you need for land? It looks like 100k is the magical figure, and that's if you do it the "normal" way and wait for each upgrade to completely according to it's cooldown timer. It does seem that one can speed up production by paying even more $WOO! However, how much more than the 100k amount needed is currently unknown.

With those figures in mind, it does seem that the claim of 509 million WOO tokens being in circulation is definitely not enough for all 5163 Lands which have been bought up at the moment. Do note that there are 9k lands for sale in total. So if more people buy up lands, the WOO token mismatch will be further exacerbated. 😱

One more point to take note of is that the Sell Book for the WOO token is pretty thin too. It does seem that lots of sellers (myself included) have taken all the WOO liquidity out of the market in order to have enough WOO for themselves when the game launches.

All it takes now is another 100+ HIVE for WOO's price to jump up another 50% and then 200+ more before it doubles from that! That's more than 300% pump from today's current price with just about $100+ (as of the current HIVE usd value) of WOO token purchases.

So should you buy $WOO now? I'll leave that up to you. All I'm doing is laying out some insight and my opinions on what caused the sudden WOO pump. Could it rise even further? Personally, I think so.

Anyway, just like I ended it off yesterday, do with this information as you will. Remember, this isn't financial advice and only put in what you can afford to lose. 🤑🚀📈

WANT TO EARN MORE $WOO? 🤑💸

Even though all the airdrops are officially over, you can still earn WOO by STAKING WOO or DELEGATING Hive Power. Head on over to https://play.wrestlingorganizationonline.com/earn to find out more!

_{Wrestling Organization Online is an upcoming play-to-earn NFT business management game on the Hive blockchain and they are committed to positively influencing the industry by directly promoting wrestlers and offering a new income opportunity through sales of NFT packs.}

_{🤼‍♂️ CLICK HERE TO JOIN THE WOO DISCORD 🤼‍♂️}

_{🤼‍♂️ CLICK HERE TO JOIN THE WOO TWITCH Channel 🤼‍♂️}

---

_{The main reason I got into WOO was pretty much thanks to @thebeardflex and the PIZZA community! PIZZA is a close partner of WOO @wrestorgonline and was one of the first buyers into the Alpha Presale. 🍕 CLICK HERE TO JOIN THE PIZZA DISCORD 🍕}

If you read this and still have not heard of either WOO or PIZZA, feel free to join the WOO DISCORD and PIZZA DISCORD where you will meet a very welcoming community.

Also, if you've bought some WOOALPHA, SATURN or RAVEN packs and somehow have no idea how to open your packs, feel free to head to https://play.wrestlingorganizationonline.com/open to unwrap your shiny packs and hope that the RNG Gods smile on you! 🤞🏻🍀🤞🏻🍀🤞🏻🍀