A disturbing measure was discovered on OKB, the utility token that allows consumers to access the OKX crypto exchange’s specific choices. According to data from the leading digital currency analytics platform IntoTheBlock, more than 99% of OKB investors are profitable.
For proper context, there are more than 43,610 addresses in revenue compared to only 262 addresses in a loss.
OKB token is currently experiencing a little bearish value perspective at the time of writing, with the token changing hands at $44.72, down by 1.52% in the previous 24 hours.
According to its current trend, OKB is only down by 6% this past week, but this does not diminish its massive growth from the year’s beginning. Given that the value of the digital currency has increased by more than 97% over the last three months and by 69.43% over the year-to-date period, the current loss may be considered a relatively gentle adjustment.
Although OKB experienced the crypto winter, this on-chain data shows that alternative currencies have their inherent tokens that may be what drives their widespread adoption.
Evidence of progress on OKB
Proof of growth within the value of OKB has been established over the past few weeks. Since the FTX Derivatives Trade collapsed, the connected OKX alternate has grown in popularity, and market relevance as investors look for stability outside their countries.
After what appears to be a visible separation from the development of the larger market, OKB expands. Recently, the token was promoted as a high-growth form of digital foreign exchange, despite a general market downturn.
By surviving the crypto winter and putting the great majority of its holders in profit, OKB has demonstrated its value as a foundational token for upcoming development.