Hey OKX, congrats on using Polygon CDK to build X1 Network. With gas fees paid in OKB, it's the perfect playground for your 50 million+ user base to tap into Ethereum and other CDK chain liquidity. Now maybe your top-tier multi-chain wallet can help me finally afford a Lambo like all the other Wall Street betters. [BITO](https://marketchameleon.com/Overview/BITO/?lu=true&pap_aid=stormofnegativity&pap_cid=11111111) on fire! 🔥🚀
All these coins are not worth it really, I would stick to top 10 or 5 if it was me. Not really into •OKB •OCEAN •BCH •TON But I have seen some big twitter influencer Kim shill BCH hard but not really that much better than BTC.
For those, like me, that know shit about fuck: OKB stands for "OK Blockchain" and refers to the native utility token of the OKEx cryptocurrency exchange, used for various purposes within their platform and ecosystem. Maker (MKR) is the governance token of the MakerDAO decentralized autonomous organization, which is used to manage and stabilize the DAI stablecoin on the Ethereum blockchain. TomoChain is a scalable and secure blockchain platform that enables fast, low-cost, and efficient decentralized applications and token issuance. Ocean Protocol is a decentralized data exchange protocol that allows individuals and organizations to share, monetize, and access data in a secure and privacy-preserving manner.
TWT is Trust wallet's token. Trust wallet users get benefits for holding certain amounts of those tokens. It could be the reason for it's price action. BNB, OKB, LEO, GMX, are all exchange coins or tokens. Their prices could be kept up by the CEXs that created them.
tldr; Crypto exchange OKX has burned over $258 million worth of its OKB tokens in a planned move from March to May. The buy-and-burn program was launched in May 2019, and the tokens were purchased from the original supply of 300,000,000 every three months, depending on seasonal market and operating performance. The burn refers to the permanent deletion of tokens from circulating supply by sending them to a wallet address that is controlled by no one. The move sent the token higher as the broader crypto market remained little changed. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; Crypto exchange OKX has repurchased and burned a record value of its exchange token, OKB, removing roughly 5.5 million tokens worth roughly $244 million from the token's supply. The value of OKB burned by OKX has set a new record. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; OKX exchange CEO Star Xu has revealed the future plans for OKB Chain, a blockchain project being developed by the company. OKT Chain will continue to operate as a layer 1 chain and improve the performance of decentralized applications (DApps) through new updates. OKB will be a side chain built on the Ethereum platform and will develop Zk technology. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
There's not much adoption and real-world usage on other alts that are not named BTC, Eth and MATIC. Maybe throw in BNB for degen gamblers on BSC chain. So almost every other top alt is also a 'speculation' at this point. 'Eth killers' especially make a lot of hype and promises, but none of them have activity even remotely comparable to Eth. I mean looking at the top 30 list, there are a couple of exchange coins (whose main and only utility is reducing trading fees), Eth killers (selling 'potential' at best and nothing more at this point), and a few P n Ds/bordering on frauds (TRX/BCH/OKB). Yet all of them reached a very high valuation with billions poured into them as well.
tldr; It has been 21 days since Paxos announced it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Presently, there are only two stablecoins in the top ten cryptocurrencies by market capitalization. The Okx exchange token, OKB, is now the seventh largest cryptocurrency by market valuation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
Coingecko does shitty math. They multiply the total eventual number of coins by price. CMC uses total available coins multiplied by price. In situations such as this, I strongly believe the CMC method to be more accurate. It also creates a disparity on other coins such as OKB.
This seems like most realistic scenario. Check out OKN smart contract on etherscan. There are like 50,000 holders...granted, people holding OKB would probably be doing inside the OKB exhange wallets, so those wouldn't show up. https://etherscan.io/token/0x75231f58b43240c9718dd58b4967c5114342a86c#tokenAnalytics
thats because CMC is owned by Binanace and its know they fudge numbers. CMC is only showing OKB having 60,000,000 tokens in circulation and not 246,638,974. I truly dont know which is correct but there is the issue between the two
Basically all of them? If you're familiar with the blockchain trilemma, a lot of new chains recognize Ethereum's and Bitcoin's scalability issues early on and focused hard on that, at the concession of decentralization mostly. Most of Ethereum's L2's are highly centralized/not real L2s yet, chain that use Tendermint consensus have small validator sets by default and some even go smaller than necessary (Cosmos, BSC, Polygon), Cardano uses a very unique programming language and coin tracking model that makes it hard to make scalable smart transactions on (eUTXO), XRP has its SEC issue and Ripple dependency/steady unlocks with a consensus model that requires a high consensus rate, DOGE has a number of really weird whale numbers despite being the people's currency, TRON is even more centralized than BSC and basically owned by Justin Sun, Polkadot's rent mechanism is hard for genuine small teams to get past, Avalanche has some very interesting technical views for distributed systems with its chief team members that are far from the standard, XLM, ICP, APT, and most exchange chains like OKB, CRO, LEO, KCS are pretty hyper centralized whether by wallet, control, or validators. Hedera is largely owned by corporations, Algorand has a borked governance model, Fantom had unworkable governance till recently as a large number of validators wouldn't vote, etc. Honestly almost all chains have significant issues you can find if you dig into them. Bitcoin, Ethereum, Monero, and Litecoin are generally the most accepted as "their issues are easily visible but they're still decentralized enough to be secure and function". This isn't to say don't look into other stuff, you literally can't start decentralized, but it's important to be critical and aware of concessions and weaknesses in what you put money into.
CMC is owned by Binance. Check the CEX stats on both CMC and Coingecko for a different leaderboard as well. OKB did see a big rise this year regardless of which chart you checked. CDC and FTX customers switching to other exchanges, most likely.
Been around crypto for while. Never heard of OKB since seeing it on CoinGecko's top 10 today. Seems like it showed up out of nowhere. Maybe I've just been oblivious to it. Is it worth looking into? Apologies if this type of post is frowned upon. I feel like I would have heard about this project at least once so I'm curios.
Meh BNB’s market cap is huge, it won’t get great returns now CRO has a bad reputation now because of the slashed rewards HT I wouldn’t touch because of Justin Sun And then what? OKB? LEO? Nothing that I’m excited to buy really
tldr; Seychelles-based cryptocurrency exchange OKX announced the launch of its new blockchain dubbed OKBChain, which is separate from the existing Ethereum Virtual Machine (EVM-compatible smart contracts protocol OKXChain. OKB, the utility token of OKX, surged by 23.13% to a new all-time high of $52.31. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
tldr; Bitcoin hit a six-month high of almost $25,000 on Tuesday. The alternative coins have followed suit, marking notable gains. OKB, FTM, APT, and NEAR lead the way with double-digit increases. Bitcoin's market capitalization jumped to $475 billion for the first time in months. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
tldr; Bitcoin slumped by over $1,000 in the past 24 hours to a three-week low below $22,000 as the SEC officially went after crypto staking. Most altcoins are bleeding out just as badly, with ADA, DOGE, OKB, SOL, DOT, and many others dumping by over 5% in a day. The total crypto market cap declined by $70 billion in a single day. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
> Bitcoin and select altcoins such as ETH, OKB, ALGO, and THETA may extend their up-move after a brief correction. OKB and THETA seemed shoehorned in there. What makes them so special that the author thinks they’re going to pump? Kind of feels like a shill.
tldr; Aptos (APT) is the best performer on a weekly scale from the top 100 cryptocurrencies. The native token has soared by 95% in the past seven days. ApeCoin and OKB are the two other notable gainers from the larger-cap alts. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; OKB continues to rise higher after the FTX debacle and has tapped a one-year high. Solana is another massive gainer today following a few days of consecutive price falls. Litecoin, Cardano, Dogecoin, Polkadot, and Polygon have also added impressive percentages. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
To save a click, BTC has the eighth most popular ticker of the year on Yahoo behind the NASDAQ, S&P, DOW and the like. 2021 was dominated by smart contracts like ETH, MATIC, AVAX, ATOM and Solana. Eth: -68% BTC: -65% Doge: -60% ETC: -54% BNB: -53% OKB: -16% Monero: -43% Tron: -28%
I remember seeing prices of some of these cryptocurrencies less than a year ago and thinking they were a steal of a deal. According to CoinGecko the best performing coins that are currently in the top 25 last year are: LEO -2.2% OKB -19.8% TRX -30.2% TON -45.4% BNB -54.1% Notable mention closely outside top 25 currently is XMR at -30.2%
So are you trying to show pointer at OKB to be the next exchange token like we've seen in the past with the likes of BNB, UNI, CAKE, etc or I should just continue to focus with those alts utilizing web 3 technology as seen with the crypto payment gateway service provider.