HOOT (HOOT) is a cryptocurrency token that launched in 2024 on the Solana blockchain. It started with a bang - hitting an all-time high of nearly $0.043 in October 2024 - but since then, it’s lost more than 99% of its value. Today, it trades for less than a fraction of a penny. If you’re wondering what HOOT is, why it spiked, and why it’s now nearly worthless, here’s the full story - no fluff, just facts.
What is HOOT (HOOT)?
HOOT is a micro-cap cryptocurrency built on the Solana network. It doesn’t have a whitepaper, no public development team, and no clear use case. Unlike Bitcoin or Ethereum, HOOT doesn’t power a decentralized app, a DeFi protocol, or a Web3 game. Its only real function is to be traded - and even that’s barely happening anymore.
The total supply is exactly 1 billion HOOT tokens. As of early 2026, nearly all of them are already in circulation. According to Coinbase, 999,657,663.346 HOOT are out there. That means almost every token ever created is already being traded or held by someone.
It’s listed on a few exchanges: Binance, Coinbase, CoinGecko, and CoinMarketCap. But don’t let that fool you. Being listed doesn’t mean it’s safe, valuable, or even actively used. Many low-quality tokens get listed on major platforms simply because they pay listing fees - not because they offer anything meaningful.
HOOT’s price history: A crash in plain sight
HOOT’s price history is a textbook example of a pump-and-dump. In late October 2024, it surged to $0.04278. That’s not a typo. For a brief moment, one HOOT token was worth over four cents. That might not sound like much, but with a 1 billion supply, that would’ve made HOOT worth over $42 million.
Within weeks, it collapsed. By November, it had dropped below $0.001. By December, it was under $0.0001. As of February 2026, prices vary slightly across exchanges:
- CoinGecko: $0.00002097
- Binance: $0.000017
- Coinbase: $0.000014
- CoinMarketCap: $0.000009219
The differences come from low liquidity. There’s so little trading that even a few small buys or sells can swing the price wildly. You won’t find consistent pricing because there’s no real market - just a handful of people trying to dump what they bought at the peak.
HOOT is now trading more than 99.7% below its all-time high. That’s not a correction. That’s a total collapse.
Market data: Why HOOT is practically dead
Let’s look at the numbers that matter:
- Market cap: Around $21,000 (CoinGecko) - less than the cost of a used car.
- 24-hour trading volume: Between $0 and $38,000 across platforms. Some days, it’s zero. That means almost no one is buying or selling.
- Holders: Only 2,340 wallets hold HOOT. That’s fewer people than attend a small local meetup.
- Ranking: #9288 on CoinGecko, #8503 on Binance. Out of over 25,000 cryptocurrencies, HOOT is buried near the bottom.
Compare that to real projects. Bitcoin has over 100 million holders. Ethereum has more than 15 million. Even obscure tokens with actual utility have tens of thousands of holders. HOOT has 2,340. That’s not adoption. That’s neglect.
The fully diluted valuation (FDV) - what the market cap would be if all 1 billion tokens were traded at today’s price - is about $21 million. But since nearly all tokens are already out there, the FDV doesn’t mean much. It’s just a reminder that HOOT had a chance to be worth more, and it blew it.
Why did HOOT crash so hard?
There’s no mystery here. HOOT had no foundation. No team. No roadmap. No utility. Just hype.
It launched with a cute name and a website - hootcute.com - that looks like a meme project. No GitHub repository. No development updates. No community governance. No tokenomics beyond “1 billion supply.” That’s not a project. That’s a placeholder.
When crypto projects have no substance, they rely entirely on speculation. Early buyers bought in because they thought someone else would pay more later. That’s classic pump-and-dump behavior. Once the initial wave of buyers cashed out, there was no one left to buy.
And with Solana’s low transaction fees, it’s easy to create and launch tokens. Thousands of them. Most fail. HOOT was just one of them - but it’s one of the most extreme cases.
The data doesn’t lie: HOOT has lost 99.78% against Bitcoin and 99.52% against Ethereum. That’s not just underperforming - it’s being erased from the market.
Should you buy HOOT now?
Short answer: No.
Even if you think you’re getting in “early,” HOOT is already past its early stage. It’s in its death throes. There’s no recovery signal. No development activity. No news. No community rallying behind it.
Buying HOOT now is like buying a broken phone at a flea market and hoping it starts working again. The odds are zero.
And if you do buy it, don’t expect to sell it easily. With trading volumes this low, you might not find a buyer at all. Or worse - you might have to sell at a price 50% below what you paid just to get out.
There are hundreds of Solana tokens with real use cases: DeFi protocols, NFT marketplaces, gaming platforms. HOOT is not one of them.
What’s next for HOOT?
Nothing.
There’s no indication the team is working on anything. No announcements. No updates. No social media activity beyond automated bot posts. The website hootcute.com hasn’t changed since late 2024.
HOOT is a dead asset. It exists only as a data point on price trackers. It has no future. No value. No purpose.
If you hold HOOT, the only smart move is to cut your losses. If you don’t hold it - don’t start.
Is HOOT a scam?
HOOT isn’t officially labeled a scam because there’s no evidence of fraud - like stolen funds or fake identities. But it fits the profile of a rug pull without the theft: it was created to attract quick money, then abandoned. No team, no roadmap, no utility - just hype and a rapid crash. That’s the definition of a speculative dead zone.
Can HOOT recover its price?
It’s extremely unlikely. Recovery requires demand, and demand requires trust, utility, or community. HOOT has none. Even if someone bought $1 million worth of HOOT today, it wouldn’t move the needle because there’s no liquidity. The token has been abandoned by everyone who mattered.
Why does HOOT have different prices on different exchanges?
Because trading volume is so low, even a single large trade can swing the price. On exchanges with almost no buyers or sellers, the price is more a reflection of one or two orders than real market value. That’s why CoinMarketCap shows $0.000009219 and CoinGecko shows $0.00002097 - there’s no consensus because there’s no market.
Is HOOT built on Ethereum or Solana?
HOOT is built on the Solana blockchain. Solana’s fast, low-cost transactions made it easy to launch HOOT, but it didn’t give HOOT any advantage. Many Solana tokens fail because the network lowers the barrier to entry - not because it guarantees success.
How many people own HOOT?
As of early 2026, only 2,340 wallets hold HOOT. That’s fewer than the number of people who attend a typical crypto meetup in Bristol. This tiny holder count means the token has almost no real user base - just a few speculators holding onto hope.
Final thoughts
HOOT (HOOT) is a cautionary tale. It didn’t fail because of regulation, market crashes, or bad timing. It failed because it had nothing to offer. No innovation. No community. No reason to exist beyond a fleeting moment of hype.
If you’re looking to invest in crypto, avoid tokens like HOOT. Focus on projects with transparent teams, real utility, and consistent activity. HOOT is a ghost. And ghosts don’t make good investments.