PukaCharts

OKB - The Token for OKX Exchange Part 2

Long
OKX:OKBBTC   OKB/Bitcoin
OKB / BTC (Part 2)

Part 1 is OKB / USD.

I continue my search for coins/tokens that outpace BTC.

- Broken out of parallel channel & retest.
- Bounce off 200 week could present buying opportunity.

Fundamentals interesting
- Top 25 Token by Market Cap.
- OKX is a Malta-based crypto exchange OKX (Europe)
- The OKX platform is the de facto European counterpart of the leading Chinese exchange, OKCoin. OKB is the global utility token issued by the OKX exchange, much like Binance offers BNB utility token.
- The OKX Platform has the 7th largest Trading volume in crypto (just under Bybit and Bitfinex)
- With MICA crypto regulations recently approved this could offer OKX a MASSIVE opportunity to compete with those in the top 5.
- Designated as having a clean reserve by Crypto quant (excludes OKB token in POR calcs).

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