OKB (OKB) Overview
🪙 Cryptocurrency | OKB |
---|---|
💱 Ticker Symbol | OKB |
🏆 Rank | 34 |
💸 Market Cap | $3,008,932,211 |
💲 Price | $50.15 |
🚀 Trading Volume | $5,196,297 |
📈 Price Change (24h) | -2.10% |
💰 Current Supply | 60,000,000 |
- Bullish OKB (OKB) price predictions range between $225.67 and $426.27 by 2030.
- Market analysts believe OKB could reach $175.52 by 2025.
- Bearish OKB market price prediction for 2023 is $40.12.
OKB (OKB) Introduction
The cryptocurrency market is managed by many leading exchanges that offer a platform for traders to buy and sell digital assets. This is considered a highly risky business because of the volatility that comes with cryptocurrency sectors and the constant government regulations that affect the exchange rate and the entrance of new market participants. However, exchanges like Binance, OKEx, Coinbase, Gemini network, FTX, and many others front-run the parabolic growth of the sector. Many of them have their native tokens.
Binance coin is BNB, Coinbase has COIN while OKEx has OKB as the platform’s native token. The OKB ecosystem is ridden by strong fundamentals and the rising tendency of being one of the strongest tokens to lead the general crypto market recovery after the bear market and is also considered to be a profitable investment for long-term investors.
This OKB price forecast article is based on proper analysis from an experienced financial advisor and the application of strong technical analysis tools to the regularly updated to keep track of current price changes in the OKB blockchain network. However, what will be the minimum price value, average trading price, and maximum price of OKB in the upcoming months? What is OKB? Will OKB’s price be at a good point based on the historical data provided and is it expected to maintain the growth of its market capitalization in the coming years?
What is OKB?
OKB is an ERC-20 coin and the native token of the OKEx network, one of the major cryptocurrency platforms in Malta for spot trading, futures transactions, and decentralized application development, which was developed by the OK Blockchain foundation that features a multilayered architectural structure and applies Proof-of-Stake (PoS) in the operational consensus. OKB token was built on the Ethereum blockchain but was later moved to its blockchain protocol, OKExChain. OKExChain is highly scalable, secure, and has a reduced consensus time because of the characteristic infrastructure of the network.
OKEx platform is one of the largest cryptocurrency exchanges globally in both liquidity provision and trading volume in which it maintains a top-five spot in each of them. It regards itself as a highly secure and transparent platform for stable trading transactions because of its advanced use of distributed cluster technologies and server load balancing. The OK Blockchain network strategically integrated the principles of cryptography science and technology in building the foundation of the network to maintain a strong economic structure no matter the financial situation. They also eliminate the need for intermediaries, presenting a low-cost solution in connecting new projects to users while maintaining privacy in the protocol. OKEx strives to set itself apart from other exchanges by launching its cloud mining service, a semi-autonomous multi-sig feature for convenient transactions, and multi-purpose storage wallets for the security of assets. The OKEx wallet features the hot wallet which always requires the attention of the users and the cold wallet storage which is considered to be a safer option.
OKB token is an essential part of the success of the OKEx platform as the holders can earn passively when put to work on the platform and the users can earn up to 40% discount depending on their bag size and their status in the exchange. Their commissions are dependent on whether they have regular or VIP status which is determined by a user’s trading volume per day which makes it favorable for new users who have a bigger commission payout.
OKB Fundamental Analysis
OKEx platform was founded in 2017 by Jay Hao and Mingxing “Star” Xu who is currently the CEO. OKEx was founded as an algorithmic exchange for converting fiat to cryptocurrencies that support options trading. It is a versatile wallet that accesses a wide range of currencies, margin, and derivatives trading. OKB is a utility token used for payment of transaction fees and grants the holders voting rights to become a part of the network’s governance.
Tokenomics
OKB has a total supply of 1 Billion OKB tokens of which 40% was allocated to the founding team while 10% and 50% of the circulating supply were distributed to the market investors and airdrops, respectively. The token grants the holders a right to a 50% reward depending on the size of the OKB investment and also grants the ability to invest and run transactions on the platform. However, 700 million OKB tokens were unlocked in 2022 and 100 million were allocated to the early investors and the OKB foundation each, 300 million went into public funds while 200 million were awarded to the development team.
Significant Partnerships And Developments
OKB has partnered with Bitpie-Multichain Wallet to allow the network users access to a wider range of DeFi products and services like easy management of their OKB tokens with a multichain wallet Kcash and Linkeye, and the borrowing of digital assets with Molecular Future. OKB has also partnered with many industrial institutions for a wider range of adoption among consumers like QLC chain which supports the redemption of mobile communication services like file and data transfer services with OKB, TrueChain (which specializes in merchant transactions services), and Litex that produces cellular fuel cards. In addition, OKB has undergone cybersecurity and penetration testing by top organizations like Certik and Beosin. These two organizations deal with smart contract verification to ensure the privacy of data on their protocol.
OKB Coin Current Price
OKB is currently worth $50.15 USD. OKB has moved -2.10% in the last 24 hours with a trading volume of $5,196,297. OKB is currently ranked 34 amongst all cryptocurrencies with a market capitalization of $3,008,932,211 USD.
Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for OKB (OKB) to decide wether it is going to have a bullish or bearish year.
OKB Coin Price Predictions
This would provide an insight into the forecasted maximum price, average forecast price, and minimum price value of OKB in the next couple of years.
Year | Minimum Price | Average Price | Maximum Price |
---|---|---|---|
2023 | $60.18 | $70.21 | $75.22 |
2024 | $100.30 | $110.33 | $125.37 |
2025 | $150.45 | $160.48 | $175.52 |
2026 | $200.60 | $210.63 | $225.67 |
2027 | $250.74 | $260.77 | $275.82 |
2028 | $300.89 | $310.92 | $325.97 |
2029 | $351.04 | $361.07 | $376.12 |
2030 | $401.19 | $411.22 | $426.27 |
2031 | $451.34 | $471.40 | $491.46 |
Our price prediction forecasts use real-time OKB (OKB) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.
OKB (OKB) Price Prediction 2023
OKB, according to some, is one of the most amazing cryptocurrencies to rise this year (OKB). The OKB price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $75.22.
As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $70.21 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. OKB is expected to have a minimum value of $60.18.
OKB (OKB) Price Prediction 2024
In 2024, OKB OKB price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of OKB will soon surpass $125.37. However, we should wait to see if the OKB’s relative strength index comes out of the oversold zone before placing any bullish bets.
Considering the market volatility, OKB will trade with a minimum trading price of $100.30 and an average trading price of $110.33.
OKB (OKB) Price Prediction 2025
If the upward trend continues until 2025, it could reach $175.52 and OKB may profit. If the market experiences a decline, the goal may not be met. OKB is expected to trade at an average price of $160.48 and a low of $150.45 in 2025.
OKB (OKB) Price Prediction 2026
If OKB successfully boosts market sentiment among cryptocurrency enthusiasts, the OKB coin price could remain stable for the next five years.
According to our projections, OKB will be green in 2026. The OKB is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $225.67, with a minimum price of $200.60 and an average price of $210.63.
OKB (OKB) Price Prediction 2027
After some extensive forecasting and technical analysis, we estimate the OKB price is expected to cross an average price level of $260.77 by 2027, with a minimum price of $250.74 expected before the end of the year. Furthermore, OKB has a maximum price value of $275.82.
OKB (OKB) Price Prediction 2028
Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $310.92. If OKB manages to break the resistant level in 2028, we could see a maximum price of $325.97, failing to gather the support OKB needs by 2028 could result in a low of $300.89.
OKB (OKB) Price Prediction 2029
While OKB is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $351.04 and a yearly price close above $376.12 in 2029.
OKB (OKB) Price Prediction 2030
By 2030, OKB will finally surpass its previous ATH values and record new price levels. The minimum price could be $401.19 and potentially reach a maximum price value of $426.27, averaging out at $411.22.
OKB (OKB) Price Prediction 2031
The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum OKB price in 2031 is projected to be $491.46 in the event of a bull run, with an average price level of $471.40.
Conclusion
The content of this article is not a piece of investment advice on whether you should buy OKB or not. The market is very unpredictable with the constant governmental regulations, inflation, and bans in the cryptocurrency market. The potential investor must do intensive research into the OKB ecosystem before investing to ensure a maximum return on investment in the nearest future.
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FAQ
What is the OKB (OKB) price today?
Today, OKB (OKB) is trading at $50.15 with a total market capitalization of $3,008,932,211.
Is OKB a good investment?
OKB proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that OKB is a good choice of investment.
How high can OKB go?
The average price of OKB (OKB) can possibly reach $70.21 this year. Over the next 5 years, it is projected that OKB may surpass $325.97.
How much will OKB be worth in 5 years?
Based on the rising popularity of cryptocurrency and OKB, a long term investment in OKB could see the price rise to $325.97 within the next 5 years.
How much will OKB be worth in 10 years?
If you invest in OKB today, as with any investment, a long term increase is expected. The price of OKB could possibly rise to $636.89 within the next 10 years.
What will the OKB price be in 2024?
OKB (OKB) price is expected to reach $125.37 by 2024.
What will the OKB price be in 2025?
OKB (OKB) price is expected to reach $175.52 by 2025.
What will the OKB price be in 2026?
OKB (OKB) price is expected to reach $225.67 by 2026.
What will the OKB price be in 2027?
OKB (OKB) price is expected to reach $275.82 by 2027.
What will the OKB price be in 2028?
OKB (OKB) price is expected to reach $325.97 by 2028.
What will the OKB price be in 2029?
OKB (OKB) price is expected to reach $376.12 by 2029.
What will the OKB price be in 2030?
OKB (OKB) price is expected to reach $426.27 by 2030.
What will the OKB price be in 2031?
OKB (OKB) price is expected to reach $491.46 by 2031.