{"id":527924,"date":"2023-04-21T11:00:38","date_gmt":"2023-04-21T11:00:38","guid":{"rendered":"https:\/\/wncen.com\/?p=527924"},"modified":"2023-04-21T12:08:38","modified_gmt":"2023-04-21T12:08:38","slug":"okb-rallies-22-today","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/okb-rallies-22-today\/","title":{"rendered":"OKB Unfazed By Crypto Market Bloodshed, Rallies 22% Today"},"content":{"rendered":"<p><span style=\"font-weight: 400\">OKB, the native cryptocurrency of the OKX exchange, is defying the odds in the midst of the current crypto market downturn, registering an unexpected surge in price and demand.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Despite the latest turbulence in the crypto industry, OKB has managed to maintain its bullish momentum. This sudden upswing has caught the attention of investors and crypto enthusiasts alike, who are now scrambling to jump on the OKB bandwagon.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">But what is behind OKB&#8217;s remarkable resilience in the face of a bleeding crypto market, and what does this mean for the future of the cryptocurrency?<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"OKB Tallies 24% Increase But Active Addresses Fail To Keep Pace \u2013 Here\u2019s Why\" target=\"_blank\" rel=\"noopener nofollow\">OKB Tallies 24% Increase But Active Addresses Fail To Keep Pace \u2013 Here\u2019s Why<\/a><\/div>\n<h2><span style=\"font-weight: 400\">OKB Continues To Defy Crypto Market Trends With Impressive Rally<\/span><\/h2>\n<p><span style=\"font-weight: 400\">According to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/okb\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">CoinMarketCap<\/span><\/a><span style=\"font-weight: 400\">, OKB is currently trading at $52.98, up an impressive 12.34% in the last seven days. This surge in price has left many investors and analysts curious about the factors contributing to OKB&#8217;s bullish momentum, especially given the overall downward trend of the crypto market in recent weeks.\u00a0<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-527937 size-full\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-61.png?resize=1171%2C77\" alt=\"\" width=\"1171\" height=\"77\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-61.png?w=1171 1171w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-61.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-61.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-61.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-61.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-61.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<pre style=\"text-align: center\">Source: CoinMarketCap<\/pre>\n<p><span style=\"font-weight: 400\">The crypto market is currently facing a bleak state, with leading crypto Bitcoin struggling to reclaim the $30,000 mark and Ethereum falling below $2,000.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Despite multiple attempts by Bitcoin to break past the crucial $30,000 resistance level, it has remained unsuccessful in doing so, resulting in a dip in investor confidence.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Ethereum, on the other hand, has been facing its own set of challenges, with a drop in demand and increasing concerns about network congestion. The overall market sentiment has been bearish, with many investors pulling out of the market in anticipation of further price drops.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Fundamental Factors Behind OKB&#8217;s Bullish Momentum<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Meanwhile, OKB&#8217;s latest surge cannot be solely attributed to technical analysis, as fundamental factors played a significant role in its growth. Two key factors can be identified, the first being the announcement of the <\/span><a href=\"https:\/\/www.globenewswire.com\/news-release\/2023\/04\/16\/2647458\/0\/en\/Flash-News-OKX-Announces-SUI-Jumpstart-Listing-OKX-Wallet-Integrates-with-Lido.html\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">SUI blockchain and its integration with OKX<\/span><\/a><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">OKB holders will have the opportunity to purchase SUI tokens at a discounted rate, which has led to a significant increase in trading volume.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The second factor driving OKB&#8217;s price is the upcoming launch of <\/span><a href=\"https:\/\/u.today\/guides\/okbchain-introduced-by-okx-what-do-we-know-so-far\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">OKBChain<\/span><\/a><span style=\"font-weight: 400\">, an L2 chain on Ethereum that will utilize ZK technology. The new chain will feature OKB as the token for gas fees, solidifying its role in the OKEx ecosystem.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/7UXGwUGi\/\" width=\"2047\" height=\"979\"><\/p>\n<pre style=\"text-align: center\">OKB\/USD trading at $52.98 on the daily chart at <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/pre>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/shiba-inu-stuck-in-price-range\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">Shiba Inu Gets Stuck In Price Range \u2013 Will SHIB Break Free?<\/a><\/div>\n<p><span style=\"font-weight: 400\">These fundamental developments have contributed to the resilience of OKB in the face of the current market downturn, and investors are closely watching to see how they will impact its future price trajectory.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As the crypto market continues to evolve and adapt, it will be interesting to see where OKB&#8217;s price trajectory is headed.<\/span><\/p>\n<p><em>-Featured image from Blockchain News<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>OKB, the native cryptocurrency of the OKX exchange, is defying the odds in the midst of the current crypto market downturn, registering an unexpected surge in price and demand.\u00a0 Despite the latest turbulence in the crypto industry, OKB has managed to maintain its bullish momentum. This sudden upswing has caught the attention of investors and crypto enthusiasts alike, who are now scrambling to jump on the OKB bandwagon.\u00a0 But what is behind OKB&#8217;s remarkable resilience in the face of a bleeding crypto market, and what does this mean for the future of the cryptocurrency? Related Reading: OKB Tallies 24% Increase But Active Addresses Fail To Keep Pace \u2013 Here\u2019s Why OKB Continues To Defy Crypto Market Trends With Impressive Rally According to CoinMarketCap, OKB is currently trading at $52.98, up an impressive 12.34% in the last seven days. This surge in price has left many investors and analysts curious about the factors contributing to OKB&#8217;s bullish momentum, especially given the overall downward trend of the crypto market in recent weeks.\u00a0 Source: CoinMarketCap The crypto market is currently facing a bleak state, with leading crypto Bitcoin struggling to reclaim the $30,000 mark and Ethereum falling below $2,000.\u00a0 Despite multiple attempts by Bitcoin to break past the crucial $30,000 resistance level, it has remained unsuccessful in doing so, resulting in a dip in investor confidence.\u00a0 Ethereum, on the other hand, has been facing its own set of challenges, with a drop in demand and increasing concerns about network congestion. The overall market sentiment has been bearish, with many investors pulling out of the market in anticipation of further price drops.\u00a0 Fundamental Factors Behind OKB&#8217;s Bullish Momentum Meanwhile, OKB&#8217;s latest surge cannot be solely attributed to technical analysis, as fundamental factors played a significant role in its growth. Two key factors can be identified, the first being the announcement of the SUI blockchain and its integration with OKX.\u00a0 OKB holders will have the opportunity to purchase SUI tokens at a discounted rate, which has led to a significant increase in trading volume.\u00a0 The second factor driving OKB&#8217;s price is the upcoming launch of OKBChain, an L2 chain on Ethereum that will utilize ZK technology. The new chain will feature OKB as the token for gas fees, solidifying its role in the OKEx ecosystem.\u00a0 OKB\/USD trading at $52.98 on the daily chart at TradingView.com Related Reading: Shiba Inu Gets Stuck In Price Range \u2013 Will SHIB Break Free? These fundamental developments have contributed to the resilience of OKB in the face of the current market downturn, and investors are closely watching to see how they will impact its future price trajectory. As the crypto market continues to evolve and adapt, it will be interesting to see where OKB&#8217;s price trajectory is headed. -Featured image from Blockchain News<\/p>\n","protected":false},"author":557,"featured_media":527935,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,87647,86404,4735],"class_list":["post-527924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-okb-price","tag-okx","tag-price-action"],"acf":[],"yoast_head":"\n<title>OKB Unfazed By Crypto Market Bloodshed With 22% Gain Today<\/title>\n<meta name=\"description\" content=\"OKB, the native cryptocurrency of the OKX exchange, is defying the odds in the midst of the current crypto market downturn, registering an unexpected\" \/>\n<meta name=\"robots\" content=\"index, follow, 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"OKB Unfazed By Crypto Market Bloodshed, Rallies 22% Today","url":"http:\/\/wncen.com\/news\/okb-rallies-22-today\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/okb-rallies-22-today\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-60.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-60.png?fit=628%2C332"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","okb price","okx","price action"],"dateCreated":"2023-04-21T11:00:38Z","datePublished":"2023-04-21T11:00:38Z","dateModified":"2023-04-21T12:08:38Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"OKB Unfazed By Crypto Market Bloodshed, Rallies 22% Today\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/okb-rallies-22-today\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/okb-rallies-22-today\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/a-60.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/a-60.png?fit=628%2C332\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"okb price\",\"okx\",\"price action\"],\"dateCreated\":\"2023-04-21T11:00:38Z\",\"datePublished\":\"2023-04-21T11:00:38Z\",\"dateModified\":\"2023-04-21T12:08:38Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-60.png?fit=628%2C332","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/527924"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=527924"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/527924\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/527935"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=527924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=527924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=527924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}