OKB Price this week 23% in Plus

Over the past week, OKB has shown a price increase of more than 23%. The price increase in the past month amounts to more than 35%, which is an unprecedented result given the current market conditions. Investors are wondering if it is too late to buy OKB and if the rally will last. Nevertheless, price expectations are mostly positive.

The OKB/USD pair is trading at $29 per token, down 1% in the last 24 hours. This brought the convention to a standstill for a while, which is not surprising since this was the first working day of the new year in many countries. OKB is an ERC-20 utility token that offers holders several benefits. This includes a discount on OKX exchanges, which have performed very well since the fall of FTX.

OKX is ranked as the eighth best cryptocurrency according to Coinbase, based on factors such as liquidity and volume.

According to traders @ayush_nfa, the Total Value Locked (TVL) in OKExChain’s Decentralized Finance smart contracts would be too low. But according to the same trader, the good development around the chain can still make the project a hit.

From a trading perspective, downtrend would be in place as early as March 2021. With the first barrier broken, the next barrier will be around $33.

OKB rate
OKB looks bullish since the initial breakout. Source: TradingView

OKB Price Prediction – Can OKB Hit Record Highs?

The OKB record price was only 55% higher than the current price, which is a small difference in the world of altcoins. Whether the OKB price, and the price of the overall crypto market, will increase in the coming week depends on the macro development in the US. If the Fed were to lower interest rates, a price increase could be expected, which could push the OKB price towards $33.

If the OKB price were to move above $33, the next barrier would be around $44. However, the area between $33 and $44 would become very volatile according to the Relative Strength Index (RSI). Thus, this would become a very overbought area, making it advisable for investors to cash out profits.

OKB rate
OKB rallies to record heights. Source: TradingView

Still, there is some skepticism among investors regarding the OKB coin as it is the original symbol of a centralized exchange. This doubt is not entirely unjustified given the recent FTX drama.

Altcoins to Consider

With the overall crypto market in rough waters in early 2023, investors are looking for a way to diversify their capital. We therefore recommend pre-sales, as they offer the opportunity to buy promising coins at a low price. See the list of the best pre-sale crypto projects below.

FightOut (FGHT) – Presale launch

FightOut is a brand new move-to-earn (M2E) fitness application and fitness chain that connects the fitness lifestyle with web3. The FightOut presale is now in full swing and investors believe the project has the potential to transform the entire web3 M2E landscape.

Existing M2E applications, such as STEPN, only track the steps and require an expensive NFT to participate. FightOut takes a more holistic approach and rewards users through exercises and activity, without making expensive purchases.

The FightOut project’s native token, FGHT, trades at 60.06 per 1 USDT. The token sale has already raised $2.6 million in several weeks, making it advisable for investors to act quickly.

Visit FightOut now

Note: Cryptocurrencies are unregulated and volatile investments.

Dash 2 Trade (D2T) – Final Phase Presale

For those interested in a promising crypto intelligence platform, Dash 2 Trade is the perfect project. The new analytics and social trading platform hopes to take the crypto world by storm with its unique features.

The platform is packed with features such as trading signals, social sentiment analysis, on-chain indicators, pre-sale scoring system, token listing alerts, strategy back testing tools and more. The Dash 2 Trade ecosystem is powered by the D2T token, which users must hold to use the platform’s features.

The Dash 2 Trade presale is currently in its final phase and has already raised over $12.6 million, with 94% of all tokens sold. The dashboard will be launched soon and the development team is ahead of schedule. Tokens currently cost $0.0533 each and will be listed on several centralized exchanges starting this month.

Visit Dash 2 Trade here

Note: Cryptocurrencies are unregulated and volatile investments.

C+Charge (CCHG) – Now in Presale

It is estimated that the carbon credit industry will be worth $2.4 trillion by 2027. Democratizing this industry presents a huge opportunity, and C+Charge is diving right in. The startup is building a blockchain-based Peer-to-Peer (p2P) payment system for electric cars where electric car users can earn carbon credits.

C+Charge hopes that giving CO2 credits will encourage more people to switch to electric cars. Currently, the carbon credit industry is only available to companies, with organizations like Tesla making millions from the resale. C+Charge wants to democratize this industry and thus make it possible for normal citizens to earn from CO2 credits.

The pre-sale of C+Charge has just been launched and the CCHG token will be used to charge electric vehicles in the future. The price is currently at $0.013 and will increase by 80% by the end of the presale. It is therefore advisable for interested investors to buy in as soon as possible, in order to achieve maximum return on this beautiful project.

Visit C+Charge here

Note: Cryptocurrencies are unregulated and volatile investments.

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