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OKB Price   

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OKB

OKB  

#OKB

OKB Price:
$50.31
Volume:
$3.3 M
All Time High:
$73.91
Market Cap:
$10 B


Circulating Supply:
207,812,359
Exchanges:
18
Total Supply:
207,812,617
Markets:
23
Max Supply:
300,000,000
Pairs:
31



  OKB PRICE


The price of #OKB today is $50.31 USD.

The lowest OKB price for this period was $0, the highest was $50.31, and the current live price for one OKB coin is $50.30781.

The all-time high OKB coin price was $73.91.

Use our custom price calculator to see the hypothetical price of OKB with market cap of BTC or other crypto coins.


  OKB OVERVIEW


The code for OKB is also #OKB.

OKB is 5.1 years old.


  OKB MARKET CAP


The current market capitalization for OKB is $10,454,584,573.

OKB is ranked #14, by market cap (and other factors).


  OKB VOLUME


The trading volume is big today for #OKB.

Today's 24-hour trading volume across all exchanges for OKB is $3,349,875.


  OKB SUPPLY


The circulating supply of OKB is 207,812,359 coins, which is 69% of the maximum coin supply.


  OKB BLOCKCHAIN


OKB is the native coin for the Okex Chain blockchain.

View the full list of Okex Chain blockchain tokens, and has digital contracts with 2 other blockchains.

See list of the OKB Blockchain contracts with 3 different blockchains.


  OKB EXCHANGES


OKB is integrated with many pairings with other cryptocurrencies and is listed on at least 18 crypto exchanges.

View #OKB trading pairs and crypto exchanges that currently support #OKB purchase.


  OKB RESOURCES


Websitewww.okx.com
Whitepaperokexchain-docs.readthedocs.io/en/latest
Twitterokx
Redditr/OKX
TelegramOKXOfficial_English
Discord2rynEUqJxP
Mediumokex-blog
Instagramokx_official


  OKB DEVELOPER NEWS



Why DeFi

Ever since late 2019 and early 2020 DeFi has been the hot “buzz word” for cryptocurrency. What makes DeFi special? And why was it invented in the first place? — Bitcoin the first decentralized internet money. — Bitcoin is the first decentralized cryptocurrency and allows users to send value to each other in a peer to peer system. For peer to peer payment Bitcoin worked quite well but it has a limited smart contract system that can’t take care of loans, exchanging tokens, and other important services. To make up for Bitcoin’s limitations centralized services were put in place. Some have served their customers quite well (like OKEx) while others like Mount Gox caused customers to lose a lot of Bitcoin. — Ethereum and smart contracts. — In 2013 Vitalik Buterin launched the Ethereum white paper and two years later launched the network. Ethereum is made for flexibility and running the sorts of smart contracts that Bitcoin can’t do. Over the course of several years Ethereum developed its code and eco system and gradually what we call DeFi emerged. — DeFi products and services. — Once complicated smart contracts could be ran on blockchains it opened up a wide world of possibilities. This includes: Decentralized exchanges that allow you trading of tokens without centralized services like Uniswap., Lending services like Compound., Stablecoins like Maker DAO, Wrapped coins that don’...




Cryptocurrency: a Non-correlated Asset

Newcomers to cryptocurrency often wonder what the financial advantages are to owning cryptocurrencies like Bitcoin. Many people get carried away with the gains that they see in the current bull market and fail to see one of it’s biggest advantages; a hedge against government currency failure. Venezuela Venezuela used to be one of the most financially prosperous countries in South America… until the government hyperinflated their currency to pay for debts and entitlement programs. Not only did the currency become worthless but it also ruined the Venezuelan stock market and bonds market. Hyperinflation does not just kill currency. It kills everything that a currency depends on; including most businesses. The Problem of Hyperinflation There have only been a handful of assets in Venezuela that maintain any semblance of value; gold and cryptocurrency. Everything else has been destroyed by the Venezuelan government. Why do assets like gold and Bitcoin survive when everything else dies? Stocks and bonds can’t survive hyperinflation. The businesses tied to the stocks need a stable and useful currency to function correctly. This means the business must: A: Adopt a currency that is NOT the local currency. This may be against the country’s laws, be expensive to implement or just not practical. B: Go out of business. C: Do illegal activity to survive. D: A little bit of everything. Government bonds and corporate bonds also bec...




Ten Crypto Myths

There is a lot of false information and fuzzy thinking in the crypto world… especially for newcomers. Here are ten crypto myths (in no particular order) that need to be slain by Hercules. Bitcoin is a Ponzi scheme. Ponzi would take people’s money, promise to invest it, and then give them their return on investment. In reality, he would get money from a new investor to pay the old ones off. Eventually he ran out of money and got in trouble. With Bitcoin there is no Ponzi and there is no “investment scheme”. When you buy one Bitcoin you have bought one Bitcoin. Whether it goes up or down in value is for the free market to decide., Bitcoin will die any day now. According to mainstream news Bitcoin died in 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019 and 2020. Yet, it continuously goes up in value and now has institutional investors like MicroStrategy and Tesla., Bitcoin is the only legitimate cryptocurrency. There are several high quality cryptocurrencies on the market. Ethereum for instance, has ran strong from 2015 and hosts a wide variety of DApps like the Brave Browser and Uniswap., Only cryptos that have a high price are worth buying. What matters is growth. If Bitcoin goes up 10,000 Dollars that is a nice gain. But if Dogecoin goes up 10 cents the investment just doubled. Always take growth over a big number., Cryptos have no real value. The value of everything is determined by the laws of supply and dem...




The Importance of Decentralization






The Power of Network Effect

Everyone is stronger together What makes Bitcoin so powerful? Why do crypto enthusiasts dream about mass adoption of cryptocurrencies like Bitcoin and Ethereum? Why does the price of Bitcoin seem to rise when more people buy it? And why does Bitcoin remain the number one crypto when it longer has the best technology? These are all common questions asked by those who are new to the strange world of cryptocurrency. The answer to these questions can be summarized in one phrase: network effect. — What is Network Effect? - Those of you familiar with computer science already know the power of network effect. It’s why we still use old internet protocols like TCP/IP even though computer scientists can build something better. For the rest of us it’s easier to explain “network effect” with popular social media sites like Facebook. Why is Facebook a multi billion dollar company? It’s not because their technology is hard to replicate. You could hire a handful of undergrads from a Computer Science school and they could make something similar to Facebook., It’s not because their technology is the best in the world. There are other social media sites that have better technology and no one thinks of Facebook as “cutting edge”., It’s not because they offer the best social media platform. Many people prefer Instagram, Snapchat, Twitter, and a variety of other social media platforms., What makes Facebook so powerful...




Improving OKEx’s token listing process

OKEx is currently in the middle of our first ever community token vote (which will end on June 10th, 2018), and we’re excited to see how it will be received by our community. As we await the results, I want to highlight and explain our thinking behind our new listing process, as well as invite feedback as we continue to refine our approach.  — @OKEx_ Selecting which tokens to list is a complicated process While we want to support token teams with high promise and demand, we are also wary of all the risks out there. From regulatory and legal risks, to cases of incompetence and outright fraud, we have a duty to our community to do our best in minimizing their exposure to “bad” tokens. At the same time, we try to select and list tokens that our users would like to purchase and utilize. This process of due diligence and selection, coupled with a guess as to how a token will be received by the community, is more art than science. And ultimately had left our community, token backers, and token project teams feeling disconnected. We want to change that. What makes OKEx’s listing process different One key way we differentiate ourselves is by not taking a listing fee. We believe in aligning with token teams over the longer term. So, we look for ways to mutually align. We encourage our listed tokens to brainstorm ways to bridge our mutual communities. For some token teams, we’ve done joint marketing and e...




  OKB NEWS


Crypto Carnage: OKB Flash Crash Wipes 25% Off Value In Minutes – H...

    Yesterday, the cryptocurrency market went through a tumultuous ride, witnessing an overall dip of 5%. However, amidst the chaos, one token stood out: OKB, the native token of the OKX exchange. It experienced a dizzying flash crash followed by a remarkable recovery, leaving investors shaken yet surprisingly hopeful. In a span of 30 minutes, OKB plummeted from $51.99 to a mere $39, causing widespread alarm. The sudden drop triggered a series of liquidations, resulting in a staggering $760 million loss in market value. OKB Crash: 25% In Value Gone In Minutes Social media platforms buzzed with panic, confusion, and morbid curiosity as observers watched the token seemingly vanish into thin air. $OKB, @okx 's exchange token, fell by 25% in the past 30 minutes, with no notable outflows from major asset reserves so far.https://t.co/PQ06Wsix82 pic.twitter.com/JsNnvuoDVA — Ki Young Ju (@ki_young_ju) January 23, 2024 However, OKB staged a comeback that was just as swift as its decline. The token managed to climb back to $47.34, fueled by a surge in trading volume and the OKX exchange's prompt response. The exchange swiftly acknowledged the crash and assured users that it would compensate for all liquidation losses. This proactive approach provided a sense of stability amidst the chaotic situation. ?2/2???????????????????????????????? 1/???????????????????????????????/????/??????????????72?????? 2/??????????????????????????????????????????? — OKX?? (@okxchinese) January 2... read More



OKX Concludes 21st Round of OKB Burn Program

    The Seychelles-registered cryptocurrency exchange OKX completed its 21 quarterly round of burning amounts of its native token. It sent more than 6.1 million OKB (over $265 million going by current rates) to a wallet that nobody can access. OKX's Latest Burn The team behind the marketplace announced on X (Twitter) that the 21st burning round included 6,140,520.48 OKB tokens. The endeavor is part of the company's Buy-Back and Burn program, which started in May 2019. So far, the crypto exchange has removed over 70 million tokens from the circulating supply. 21st round of $OKB Buy-back & Burn We have repurchased and burned another 6,140,520.48 #OKB Including this latest event, a total of 70,182,835.18 OKB has been successfully burned to date. Details: https://t.co/kluSzPLFNx pic.twitter.com/6glWZNfKrf — OKX (@okx) September 18, 2023 Such an initiative is considered bullish since reducing the market supply could make the asset more scarce and, hence, more valuable in time.  OKB's valuation headed north shortly after the firm announced the event but started plunging shortly after. As of the moment of writing these lines, it trades at approximately $43.20 (a 2% decline compared to yesterday's figures). The Previous Burn The trading venue concluded its 20th round of the burning program at the beginning of June this year. Back then, it sent 5,497,312.77 OKB (worth $258 million at the time) to a designated wallet no one could reach.  OKX is not the only dig... read More



OKB Token 15% Surge Paves The Way For Record-Breaking Highs

    OKB, the native cryptocurrency of the OKX exchange, has made a solid comeback after a lackluster performance in the latter half of July. As August dawned, the token's price roared back to life, sparking optimism among investors and enthusiasts.  The rally began during the first week of August, when OKX exchange's investment arm announced a substantial $1 million Series A stake in Moonbox, a Hong Kong-based artificial intelligence and Web 3 startup, which garnered attention as an innovative player in the tech industry. The strategic investment not only infused fresh capital into Moonbox but also sent a signal to the market that OKX was actively seeking growth opportunities beyond the traditional cryptocurrency realm.  This move was met with enthusiasm, causing the OKB token price to surge. Now, the question on everyone's mind: Can this newfound bullish momentum drive OKB to reach new all-time highs? Token 2049 Further Boosts OKB Enthusiasm The excitement rose as OKX confirmed its prominent role as the headline participant in the upcoming TOKEN 2049 blockchain conference. This announcement rippled through the crypto community, attracting a wave of positive attention. Join our Title Partner @okx at #TOKEN2049. OKX is a leading crypto exchange and Web3 technology company serving over 50 million users around the world. Learn more: https://t.co/iLwG8Z6PpJ Tickets: https://t.co/mgbtR9nOoC pic.twitter.com/22Q8bMyk5X — TOKEN2049 (@token2049) August 9, 2023 The impac... read More



OKX Completes 20th Quarterly Burn: Here's How Much OKB Was Destroyed

    Seychelles-based cryptocurrency exchange OKX has implemented the 20th round of its Buy-Back and Burn program, burning nearly 5.5 million OKB tokens this time. According to a blog post, the total number of OKB tokens bought back from the secondary market and burned was 5,497,312.77, worth $258 million at a 90-day average. OKX Burns 5.5M OKB Tokens The crypto exchange launched the Buy-Back and Burn program in May 2019. It started repurchasing OKB from the original supply of 300 million tokens every three months. While the buyback has no specific rules, the repurchase amount depends on the seasonal market and operating performance. The 20th round of the program was between March 1 and May 31, 2023. As of today, OKX has burned a total of 64,042,314.70 OKB by sending them to an address that nobody can access, leaving roughly 35,957,685 OKB currently in circulation. “The OKB team will continue to cultivate a strong connection with its global supporters while listening to their feedback for future improvements. It is committed to offering better services to users,” the crypto exchange said. Notably, the number of tokens burned recently is the third-largest in OKX’s burn history. The largest value was 6.1 million OKB burned in the 5th round between June and August 2019. The second-largest value was over 5.9 million in the 6th round between September and November 2019. OKB was trading at $44.94 at writing time, signaling a minor increase in the past 24 hours, accordi... read More



BTC Tumbles to 25-Day Low as APT, OKB Slump 10%: Weekend Watch

    Bitcoin's nosedives continued in the past 24 hours, with the cryptocurrency falling to its lowest position in April of $27,000. Most altcoins have suffered even more. Dogecoin keeps plunging hard, while APT and OKB have dumped the most from the mid-cap alts. Bitcoin's April Low The primary cryptocurrency went on a roll on April 10 when it skyrocketed to and beyond $30,000 for the first time since last June. It went on to chart its highest price point at just over $31,000 later that week on April 14. The following week was less volatile, with BTC maintaining $30,000 for most of it. However, the landscape changed on April 19 when the asset plummeted to $29,000 in hours. The situation worsened in the next few days, with BTC first dumping to $28,000 before going all the way down to $27,100 earlier today. The latter became the asset's lowest price position since March 28. As of now, bitcoin still trades inches above $27,000, and it's 3% down on the day and over 10% weekly. Its market capitalization has declined to under $530 billion after tapping $600 billion days ago. Its dominance over the alts, though, has taken a breather and is close to 46%. BTCUSD. Source: TradingView APT, OKB, DOGE Drop Hard As it typically happens when BTC heads south, so do most alternative coins. Ethereum is a prime example. The second-largest crypto stood above $2,100 less than a week ago after the completion of the Shapella update. Since then, though, it has lost over $250 and now trades at $1,850 afte... read More



OKB Explodes 16% to Chart 2-Month High, Bitcoin Maintains $30K (Weekend ...

    After the recent price pumps and new multi-month highs, bitcoin has lost some traction but still remains north of $30,000. Most altcoins are also slightly in the red today, with ETH sliding beneath $2,100. OKB, on the other hand, has exploded by double digits and neared its previous ATH. Bitcoin Maintains $30K The working week began with little-to-no movements, similar to the previous weekend, and BTC was stuck around $28,000. However, that all changed as Monday came to an end. The cryptocurrency started gaining value rapidly, spiking above $29,000 before climbing to $30,000 for the first time since June 2022. The price surge resulted in tapping $30,500 to chart a ten-month high. The CPI data announced on Wednesday resulted in more volatility, with BTC pumping and dumping by $500 in hours. The last price surge came on Friday when bitcoin skyrocketed to just over $31,000 to chart yet another ten-month high. However, it failed there and retraced by a grand in the following hours. Since then, BTC has recovered some ground and now stands around $30,500. Its market capitalization has remained close to $590 billion, while its dominance over the altcoins is at 46.3%. BTCUSD. Source: TradingView OKB Soars 16% Ethereum was among the best performers in the past few days, especially after the completion of the Shapella update. ETH went from $1,900 to over $2,100 to mark an 11-month high. In the past 24 hours, though, ETH has lost some ground and now stands inches below $2,100. Binance C... read More



Market Watch: Will BTC Finally Reclaim $25K? OKB Breaks New All-time Hig...

    Bitcoin's volatile performance as of late continued in the past 24 hours as the asset touched $25,000 once again before falling back down by $500. Several altcoins are well in the green as well, with OKB stealing the show and tapping a new all-time high beyond $50. Bitcoin Stopped at $25K Again It was just several days ago when the primary cryptocurrency had dipped to $21,500 amid the ongoing regulatory scrutiny by the United States authorities. However, the landscape changed in an instant as the bulls came to play. In a matter of a day, they pushed bitcoin from $21,500 to a multi-month high of just under $25,000. Although BTC was unable to overcome that level at first, it finally did so hours later, reaching its highest price tag since August 2022. The bears intercepted the move and drove BTC south hard, dumping it to under $24,000 yesterday. Nevertheless, bitcoin is back on the right track today as it pumped beyond $25,000 once again hours ago. It has retraced by around $500 since then, but it's still 3.3% up on the day. Its market capitalization has neared $475 billion, while its dominance over the alts stands firm at 42.5%. BTCUSD. Source: TradingView OKB's Latest ATH Ever since the collapse of FTX and the subsequent need for proof-of-reserves from exchanges, OKX has been at the forefront, and its native token has been on a roll. OKB exceeded $50 a few days back to chart an all-time high. It retraced slightly yesterday, but it's back on the move again today, tapping yet a... read More



Crypto Price Analysis Feb-17: ETH, XRP, ADA, MATIC, OKB

    This week, we take a closer look at Ethereum, Ripple, Cardano, Polygon, and OKB. Ethereum (ETH) Ethereum had a great rally this past week but failed to break above the key resistance at $1,660. Nevertheless, the price still managed to increase by 7.4%. the current PA shows that buyers are becoming eager, and the key resistance is being tested again and again. The more this happens, the likelier it becomes for ETH to break above and move higher. Looking ahead, ETH has good support at $1,550, and the bias turned bullish due to this latest rally. If buyers continue to put pressure, then there might be a quick breakout to higher levels, which would take this cryptocurrency closer to the key psychological level of $2,000. Chart by TradingView Ripple (XRP) While Ripple also attempted to rally, it was quickly stopped by bears at the 40 cents resistance. For this reason, the price only registered a 1.4% increase in the past seven days. The trend remains bearish for XRP, and buyers will need to push the price toward a higher high if they want to escape it. So far, this appears unlikely, and bears showed strength at the key resistance. Looking ahead, buyers did defend this cryptocurrency well at the 36 cents support, and the price may continue to bounce between the key levels in the coming days until a decisive move happens. Chart by TradingView Cardano (ADA) Unlike XRP, Cardano managed to paint a higher high and, in the process, increased by 8.5%. This is a bullish signal which gives ... read More



Crypto Exchange OKX Announces New OKBChain, OKB Skyrockets to New ATH

    Seychelles-based cryptocurrency exchange OKX announced the launch of its new blockchain dubbed OKBChain, which is separate from the existing Ethereum Virtual Machine (EVM)-compatible smart contracts protocol OKXChain. According to OKX's founder Star Xu, the new OKBChain would foster the development of an OKB decentralized ecosystem. OKX Unveils New Protocol for Decentralized Economy As per Xu's tweet, OKBChain will be launched in Q1 2023 as a separate protocol from OKXChain, as they serve different purposes. The CEO clarified that the OKXChain is a proof-of-stake blockchain co-built by communities while the OKBChain would be developed and operated by OKX. As EthereumFair's official Twitter account further explained, OKBChain would be more focused on providing business solutions to organizations and businesses. On the other hand, OKXChain will continue to offer a decentralized platform for creating and deploying decentralized applications (dApps). OKB Token Hits New ATH Reacting to the announcement, OKB, the utility token of the OKX Blockchain Foundation, surged by 23.13%, skyrocketing to a new all-time high (ATH) of $52.31, according to data from CoinMarketCap. However, at the time of writing, the token has retraced slightly to under $50. OKBUSD. Source: TradingView OKX Continues to Build Since its launch in 2017, OKX, formerly known as OKEx, has continued to support the growth and development of the crypto sector. Last year, CryptoPotato reported that the company released a ... read More



Crypto Market Cap Reclaims $1T as SOL, OKB, APT Explode by Double Digits...

    Bitcoin soared by roughly $2,000 in the past several, charting its highest price position since mid-September. The altcoins are well in the green as well, with some, such as SOL and OKB, posting massive double-digit price increases. Bitcoin Sees 18-Week High The latest bitcoin surge came amid five bullish on-chain factors provided by CryptoQuant earlier this week. The asset had calmed after touching $21,600 and had retraced to just under $21,000. The bulls had a battle that continued for a few days seems to be won, at least for now, as BTC went through one of its most impressive overnight price surges in a while. It took it from below $21,000 to inches away from $23,000. Although it has still been unable to tap that level as of now, touching $22,800 is the highest price tag bitcoin has seen in 18 weeks. Somewhat expectedly, this price surge caused losses worth millions of dollars for over-leveraged traders, with the majority being short positions. The price pump has helped BTC's market cap to increase to almost $440 billion. Its dominance over the altcoins is also on the rise and is up to 42%. BTCUSD. Source: TradingView APT, SOL, OKB Skyrocket Although BTC's market dominance is increasing, several altcoins are actually outperforming the largest digital asset on a daily scale. Among those, Aptos' native token has taken the main stage with a mind-blowing 57% surge. As a result, APT has marked a multi-month high above $12. Next in line from the larger-cap altcoins are Solana, O... read More



Solana Recovers 15%, OKB Skyrockets to 1-Year High: Market Watch

    Bitcoin finally initiated a minor leg up in the past few hours and charted a multi-day high at over $16,700. The altcoins are even more in green, led by massive gains from OKB, Solana, and others. OKB, SOL Skyrocket Ever since the FTX collapse, several crypto exchanges have been frequently presenting proof of reserves, and OKX has been at the forefront. Its native cryptocurrency has been on a roll in the same timeframe. The past 24 hours alone have brought a 12% increase, resulting in a surge to above $30 for the first time in over a year. OKB has almost doubled its USD valuation since the FTX crash and has found a place in the top 10 largest digital assets by market cap. Solana is another massive gainer today following a few days of consecutive price falls. SOL is now up by 15% and trades well above $11. Litecoin, Cardano, Dogecoin, Polkadot, and Polygon have also added impressive percentages on a daily scale. Ethereum has reclaimed $1,200 after a 2% increase. Binance Coin is close to $250 following a similar daily jump. The crypto market cap is back above $800 billion after a $20 billion increase. Cryptocurrency Market Overview. Source: Quantify Crypto Bitcoin Eyes $17K The primary cryptocurrency finished the rather violent 2022 without any significant price movements. Just the opposite, the asset had gradually declined to under $16,500 and remained there for a few consecutive days. Yesterday didn't bring anything different, and BTC stood around that same number. The past 1... read More



OKB Token Puts On Higher Numbers Amid Crypto Market Volatility

    OKB, the native token of the OKX Exchange, has recorded substantial gains today in a bearish crypto market. The utility token saw a price surge of 4.63% on the day, registering a local high of $20.80. It also surged over 11% on its weekly chart, joining the likes of Toncoin and Trust Wallet Token to lead the market in gains.  There’s no major catalyst for OKB’s surge on the day. However, a 20.32% uptick in its trading volume suggests that users have been quite busy. It might have something to do with the exchange’s announcement of adjusting the position tiers of its perpetual swaps and futures. Furthermore, OKX joined the likes of Binance to announce a recovery fund for projects struggling with liquidity. This comes after popular crypto exchange FTX ran into liquidity issues that saw it lock users out of their funds. The exchange’s announcement was a major factor in OKB’s weekly price surge. OKX Announces Project Recovery Funds, OKB Starts Bullish Run Earlier this week, OKX announced its intentions to establish a $100 million project ecological support plan. According to the tweet, OKX will work with OKXChain and OKX Demo Day on the project. OKX intends to assist high-quality projects currently struggling with issues like liquidity. The cryptocurrency exchange believes it's essential to help projects migrate seamlessly. Furthermore, it plans to offer qualifying projects financial, ecological, and technical support to help them overcome the ... read More



OKB Token Records Higher Gains Amidst Crypto Market Volatility

    OKB, the native token of the OKX Exchange, has recorded substantial gains today in a bearish crypto market. The utility token saw a price surge of 4.63% on the day, registering a local high of $20.80. It also surged over 11% on its weekly chart, joining the likes of Toncoin and Trust Wallet Token to lead the market in gains.  There’s no major catalyst for OKB’s surge on the day. However, a 20.32% uptick in its trading volume suggests that users have been quite busy. It might have something to do with the exchange’s announcement of adjusting the position tiers of its perpetual swaps and futures. Furthermore, OKX joined the likes of Binance to announce a recovery fund for projects struggling with liquidity. This comes after popular crypto exchange FTX ran into liquidity issues that saw it lock users out of their funds. The exchange’s announcement was a major factor in OKB’s weekly price surge. OKX Announces Project Recovery Funds, OKB Starts Bullish Run Earlier this week, OKX announced its intentions to establish a $100 million project ecological support plan. According to the tweet, OKX will work with OKXChain and OKX Demo Day on the project. OKX intends to assist high-quality projects currently struggling with issues like liquidity. The cryptocurrency exchange believes it's essential to help projects migrate seamlessly. Furthermore, it plans to offer qualifying projects financial, ecological, and technical support to help them overcome the ... read More



OKB Token Still Holds Above 14% Following Market Plummet

    Thanks to the FTX/Alameda saga, the crypto market has taken a nosedive, dragging everyone along. But while the entire market bleeds, OKB, the native token of OKX exchange, has held on to substantial weekly gains. Specifically, the token is trading at $18.61, a 14.57% rise in the last seven days.  However, its daily price hasn’t been pretty. As of writing, OKB has lost over 12%, and there’s no hope of recovery anytime soon. The only other crypto that held on to its weekly gain was Polygon’s MATIC. The token kept over 9% from last week but has since shed all that profit. It has joined the rest of the market in the red zone with a 6% 7-day loss. Can OKB Continue To Hold, Or Will It Join The Rest Of The Market? While OKB has held on to substantial gains, it seems unlikely to keep it for long. The token enjoyed a 24% price surge earlier in the week after the exchange opened a shop in the Bahamas. At the time, the token solidified itself as the third-highest gainer of the week. However, the FTX liquidity crisis news proved a stronger opponent to the token’s bullish run. The token has remained strong even though its trading volume and market cap have dropped in the last 24 hours. However, if OKB continues to hold above $18, then it will be able to maintain its current position. But if the token drops below this level, it could find itself joining the rest of the market. If this happens, it won’t be easy to recover.  As per the charts, OKB sti... read More



More OKB (#OKB) News

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