OKB is amplifying the positive sentiment as it is one of the best performing exchange tokens as it defies gravity at a time when most digital currencies are sliding in price.
For OKB, the daily gain of 2.6% only complements the over 21% gain it has maintained over the past week. For reference, the world’s leading digital currency Bitcoin (BTC) is down 9.38% this week, while rival Binance Coin (BNB) is down 8.88% and KuCoin (KCS) is down over 6% in value this week to date.
OKB/USDT price chart. Source: TradingView
The reasons for OKB’s growth are not hard to predict, and while its broader prospects are rooted in a strategy to grow the ecosystem, the current uptrend is based on recent support for the launch. The long-awaited Sui protocol mainnet.
According to the announcement of OKX, Sui Token will be sold directly on its platform on April 23. The exchange said the support is only available to users holding OKB tokens. The buyback activity is well documented and OKB’s profits prove that the OKX community plans to participate in the SUI token sale.
As an integrated ecosystem, the OKB token is poised to benefit from innovations related to the newly launched OKB chain launched by the floating exchange last month.
OKB as a token is intended to serve as a unifying token in the ecosystem, and as more innovators are likely to build on the OKB Chain, the utility of the digital token will surely soar in the future.
OKB’s latest performance has yielded returns of more than 90% of holders, another key highlight driving widespread acceptance of the digital asset. Overall, OKB has all the right fundamentals to maintain its positive growth momentum going forward.
- Sui Network closes IDO registration and announces mainnet launch on May 3
- OKX, Bybit, and Kucoin announced the launch of Sui tokens and launched a subscription mechanism instead of airdrops
board pass
According to USA Today
