OKEx - yet unrealized perspective

4 Jun 2021

OKBUSDT
The indicative price for the coming year, according to our estimates, is USD 51, which is 251% upside from the current value.


OKB is a traditional utility token with a deflationary pricing model. The exchange team has endeavoured to ensure it the maximum possible use, both internally and by external projects and applications. Given that a part of tokens is withdrawn from circulation every three months, the outlook for price growth looks rather optimistic. When compared to tokens of its closest competitor in terms of a number of users and trading volume, OKB is significantly undervalued. It had more value losses than other tokens at the end of the last crypto market decline. The reason for this may have been the fact that a large share of business comes from the Chinese market, whose tight regulation was the main reason for the price drop. However, the exchange has long experience in conflict resolution with the authorities and has developed successfully despite the restrictions that have been in place since day one.

Among the risk factors that could affect the token price are the overall market dynamics (if the decline continues, it may take considerably longer to recover) and the possibility of increased regulatory pressure from the authorities.