- OKB’s price could rally in 2024 and end the year at $96.42
- By 2027, OKB might drop to $55, however, it could end 2028 at $135.
- The price prediction for 2030 is bullish as OKB could hit the $200 landmark.
In the crypto market, there are only a few cryptocurrencies developed by exchanges. While some have practically done well, others have struggled. In this article, we will at OKB, the cryptocurrency backed by OKX, one of the most popular exchanges in the world. Here, you will find out about the use cases of OKB. We will also make an in-depth analysis of the price predictions from 2024 to 2030.
OKB (OKB) Real Time Market Status
| 🪙 Name | OKB |
| 💱 Symbol | OKB |
| 🏅 Rank | #28 |
| 💲 Price | $55.6914534459 |
| 📊 Price Change (1h) | -3.34 % |
| 📊 Price Change (24h) | -1.48 % |
| 📊 Price Change (7d) | -2.33 % |
| 💵 Market Cap | $3341487206.75 |
| 💸 Circulating Supply | 60000000 OKB |
| 💰 Total Supply | 300000000 OKB |
OKB (OKB) is currently trading at $55.6914534459 and sits at number #28 on CoinMarketCap in terms of market capitalization. There are 60000000 OKB coins currently in circulation, bringing the total market cap to $3341487206.75.
Over the past 24 hours, OKB has decreased by 1.48%. Looking at the last week, the coin is down by 2.33%.
What is OKB?
OKB is a cryptocurrency developed by the OKX exchange and OK Blockchain Foundation. So, one can say OKB is the exchange token of OKX just like BNB is the exchange coin of Binance.
As its utility token, OKB allows users to access exclusive features on the exchange. Some of the benefits of holding OKB include governance and voting, a special trading fee, and several rewards.
In terms of fees, OKB allows OKX users to access a 40% discount on transactions. Besides this, its other use cases include the development of scalable applications, facilitation of spot and derivatives trading, security, and scalability.
There is, however, one thing that makes OKB unique, and that is the allocation of funds to the Jumpstart platform. For those unfamiliar, the OKX Jumpstart is the platform for launching tokens and raising funds on the OKX exchange. Therefore, OKB makes it easy to do that.
OKB Current Market Status
OKB’s price as of this writing was $57.37. This value was an 8.14% decrease in the last 30 days. But on an all-time basis, the value of the cryptocurrency has increased by 3529%. OKB is currently ranked as the 28th most valuable cryptocurrency with a market cap of $3.44 billion.
Its trading volume in the last 24 hours was $23.34 million, which was a 50% decrease. The maximum supply of the cryptocurrency is 300 million. But only 60 million out of this total was circulating.
As expected, you can buy OKB on the OKX exchange. Other platforms to buy the cryptocurrency include MEXC, Gate.io, LBank, and Uniswap v3 on the Ethereum (ETH) blockchain.
OKB (OKB) Price Analysis
Technical analysis is an important aspect of price prediction. Because of that, this segment will focus on OKB’s potential in the short term. You will also learn about the price predictions for 2024, and from 2025 to 2030. Read on
OKB (OKB) Price Analysis – Bollinger Bands
On the 4-hour OKB/USD chart, the token experienced high volatility at different periods. This was evident from the signals the Bollinger Bands (BB) showed. Around April 12, the bands contracted, indicating a low level of price fluctuations.
However, press time data showed that the BB has now expanded, indicating that a massive swing should be expected in the short term.
OKB (OKB) Price Analysis – Relative Strength Index (RSI)
The RSI formed a positive divergence between April 12 and 16 as OKB rallied to $61.62. However, that momentum had changed at press time. As of this writing, the RSI was down to 54.87, indicating a decline in the bullish movement.
Should the reading continue to decrease, OKB’s price might also be affected. A further decline could cause OKB to hit $53.02. However, if bulls take back control, the price of the token might jump above $65 in the short term.
OKB (OKB) Price Analysis – Moving Average Convergence Divergence
As of this writing, the MACD was positive, indicating an increasing upward momentum for OKB. Typically, this is supposed to foreshadow higher prices. But the 12 EMA (blue) and 26 EMA (orange) displayed the same trend.
This trend indicates that sellers share almost the same dominance as buyers. Should this continue, the price of OKB could move sideways, and the forecast in the short term could be between $53 and $59.
OKB (OKB) Price Prediction 2024
The daily chart offered a different insight into how OKB might perform for the rest of 2024. This was evident from the Exponential Moving Average (EMA) Indications.
As of this writing the 50 EMA (blue) was above the 200 EMA (yellow). However, OKB’s price was a little bit lower than the 50 EMA position. This suggests that OKB could decline at some point. From the look of things, the value of the cryptocurrency might fall to $52.33.
But on the broader spectrum, the value of OKB is expected to finish 2024 on a strong note. If this is the case, OKB’s price could be $96.42 by December 2024.
OKB (OKB) Price Prediction – Resistance and Support Levels
Resistance and support zones are important to ascertain if the price of a cryptocurrency might go higher or not. For OKB, there was solid support at $54.83 which could prevent the price from sliding further.
However, resistance appeared at $60.30 which has become a vital area for OKB. If bulls can clear this path, OKB could rise higher while targeting the overhead resistance which was at $67.82.
OKB (OKB) Price Prediction 2025
Exchange coins might perform well if the market remains bullish by 2025. Also, the fact that OKX is gaining a good market share in terms of trading volume makes OKB a cryptocurrency to watch. Should volume on the exchange continue to surge, then the price of OKB might also rally exponentially. Hence, the 2025 price prediction could be $112.47.
OKB (OKB) Price Prediction 2026
OKB might perform poorly in 2026 like it is expected to do in 2024 and 2025. By 2026, the crypto market could be in a bear cycle, affecting the prices of altcoins and Bitcoin. Therefore, the value of OKB could be $62 in 2026.
OKB (OKB) Price Prediction 2027
By 2027, OKB might still find it hard to hit astronomical values as the bear market might last two years as it did between some parts of 2022 through 2023. If this is the case, the price of OKB could be $55 by the end of 2027.
OKB (OKB) Price Prediction 2028
OKB might recover from the bearish phase in 2028. By this period, the values of many cryptocurrencies are expected to be higher than in previous years. Besides that, the broader crypto community could have hit hundreds of millions which could make it easy for demand to be higher. With this in mind, OKB could hit $135 in 2028.
OKB (OKB) Price Prediction 2029
OKB might extend its bullish run in 2029. Currently, the OKX exchange is present in a few countries. But in five years, the platform must have expanded to many other regions, exposing its utility tokens to a new audience. Therefore, the price of OKB could be $150 in 2029.
OKB (OKB) Price Prediction 2030
In 2030, OKB’s price might hit the prestigious $200 mark. There are several grounds for this prediction. But one of them would be the Jumpstart platform. According to our projection, many tokens will be launched on the platform and allocated funds using OKB in 2030. As such, the urge to own OKB will be incredible, and this might drive its price higher.
OKB (OKB) Price Prediction 2040
Between 2030 and 2040, the price of OKB might experience upswings and downturns. However, a correction might happen during that period, and the value of the token might end up at $227 by December 2040.
| Minimum Price | Average Price | Maximum Price |
| $189.31 | $203.47 | $227.83 |
OKB (OKB) Price Prediction 2050
At the minimum level, the price of OKB could be $219.45 in 2050. However, this might not be the average or maximum potential of the cryptocurrency. If the market is extremely bullish by this period, OKB could surpass $300 by 2050.
| Minimum Price | Average Price | Maximum Price |
| $219.45 | 287.08 | $301.24 |
Conclusion
Finally, the incentive OKB holders have access to could help the token’s market cap rise higher than it currently is. If that is the case, the value of OKB would end the year much higher than it is.
However, traders should note that there are risks involved and that using high leverage to try and make profits from the cryptocurrency might not be the best option. While it might be better to hold in the spot market, downsides are also possible. As such, you can do your research beyond this article.
FAQ
OKB is the utility token of the OKX exchange and OK Blockchain Foundation. With OKB, holders can access a 40% discount in transaction fees, vote on proposals, and access scalable features on OKX.
You can buy OKB directly on the OKX exchange. Alternatively, you can decide to buy the cryptocurrency on other exchanges like MEXC or Gate.io. If you prefer the decentralized way, you can purchase the token by swapping ETH or WETH for it on Uniswap v3.
OKB has proven to be a good investment for those who got in early on the coin. However, if you bought OKB within the last year, gains might have been minimal. But that does not mean that the cryptocurrency is not a good investment.
As it stands, OKB could be worth investing in if demand for the token increases. Also, the fact that 2024 and 2025 could be bullish years for the crypto market could make OKB a good investment going forward.
OKB’s all-time high is $71.10. This happened in March 2024.
The maximum supply of OKB is 300 million tokens.
OKB can surpass its current ATH. But this depends on some factors like the traction the OKX exchange itself gets. If more traders leave other exchanges to make OKX their primary trading platform, then OKB can surpass its current ATH.
Regardless of that, its current price is less than 20% off its ATH. So, a 20% increase in possible in the coming months. Should this happen, OKB will surely surpass its ATH.
The lowest price of OKB was $1.59 in 2018.
Two notable founders of OKB were also pioneers of the OKX exchange. Their names are Mingxing “Star” Xu and Jay Hao.
OKB was launched in March 2018.
You can store OKB on the OKX web3 wallet. The OKX exchange and other exchanges are also other places where you can decide to store the token. However, if you prefer to keep your assets offline, you can get a hardware wallet and store OKB there.
The price of OKB could be $96.42 by the end of 2024.
By the end of 2025, the value of OKB could be $112.47.
OKB could experience profit-taking in 2026, with the prediction at $62.
2027 might not be a particularly good year for OKB as its price is expected to close at $55.
OKB’s price might hit $135 in 2028.
The price of OKB is expected to hit $150 by 2029.
2030 could be the year OKB hits the $200 milestone.
The price of OKB might hit $227.83 in 2040.
OKB’s price could be $301.24 by 2050.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Source: https://coinedition.com/okb-price-prediction/