OKB is fast becoming one of the best altcoins in the market today. The coin, which is the native token of the OKEx crypto exchange, is appreciating in value quickly, which is one of the major reasons people are rushing to know more about it.
This guide will discuss our OKB price prediction for both the short and long term, touching on the coin’s utility, discuss some of the factors that will drive the price movement, as well as the fundamental reasons OKB will succeed, and also show you the best place to buy OKB.
OKB Price Prediction - Summary
At the time of writing this piece, OKB was trading for $40.38 per token. It was on an upward trend, increasing by 1.70% within a 24 hour period. It has experienced a sustained bullish trend for weeks, a good thing for a digital asset in this crypto season. We believe it will perform even better with time. If you’re in a hurry to find out what OKB could be worth in the coming years, here’s an overview:
- End of 2023 — OKB has been on an upward trend for a while. There are strong indications that it will perform even better in the near future. There are chances that it could be worth as much as $56.86 by the end of 2023.
- End of 2024 — Like most other projects, OKEx and its ecosystem is a work in progress. It is very likely to explode with time and this could result in the price of the OKE token reaching $96.50 by the end of 2024.
- End of 2025 — In the next couple of years, if OKB can perform as well as we expect it to, then it can return potential growth to investors. As the exchange becomes more popular, it is likely that OKB price will reach $140 by the end of 2025.
- End of 2030 — By that time, it is highly possible that crypto must have gone mainstream. That, alone, can result in big price movements for most coins, including OKB. There are good reasons for OKB price to reach $820 by the end of 2030.
- End of 2040 — Depending on what happens in the next decade, and knowing what we know about the exchange platform and the OKB token, we can say that long-term investment in OKB crypto is reasonable. If the coin grow as we expect it to, there is every chance that the OKB's price will reach as high as $5,000 by the end of 2040.
Cryptoassets are a highly volatile unregulated investment product.
OKB Overview
| Cryptocurrency | OKB |
|---|---|
| Ticker Symbol | OKB |
| Rank | 35 |
| Price | $38.03 |
| Price Change 24h | 1.77% |
| Price Change 7d | -3.62% |
| Market cap | $2,281,691,945.12 |
| Circulating Supply | 60,000,000 |
| Trading Volume | $2,249,498.93 |
OKB Price History
Before we delve further into this OKB price prediction guide, it is important to consider how it has performed in the past.
As we’ve previously mentioned, OKB is the native token of OKEx, the Malta-based cryptocurrency exchange. It was released by the exchange and the OK Blockchain Foundation to serve as the utility token of the exchange, among other functions.
As both the utility and governance token of the OKEx exchange, OKB secures the network and helps to determine how it is run. It is also an investment vehicle that helps users, investors and traders to make profits from various on-chain activities. Since its launch, OKB has performed satisfactorily.
OKB is a relatively new cryptocurrency. Considering how it has performed, we can’t but imagine that it will be among the next crypto to explode. It was released in 2018 and started trading on some of the top exchanges, including OKEx.
Coingecko was one of the first websites to start tracking the price of OKB. As of 12th June 2018, OKB's price was $4.36 per token. It lost momentum in the early days, reaching $0.6969 towards the end of December. By 3rd January 2019, the coin was trading at $0.6986.
According to data from Coingecko, OKB reached an all-time low value of $0.580608 on 14th January 2019. It will then recover slowly and reach $2.10 in April of the same year. Throughout 2019, OKB fluctuated, albeit in a positive manner for traders. The value rose slowly throughout the year and by February 2020, it tested new heights.
OKB price began to show a real sign of a very bright future in the first few months of 2021. By February, it was already trading for upwards of $13. By the first week of May of the same year, the top crypto had reached $33.87. It traded within this territory for a while before dropping a little.
Though the OKB price didn't soar in 2022, the coin had what we can confidently describe as a great year. In the midst of the crypto bear market of the year, OKB's price remained within a reasonable region. At some points, it experienced an exceptional bullish trend, especially when you consider the price of other digital assets at the time. It rose sharply towards the end of the year and has remained bullish.
It is safe to assert that 2023 has been another great year for OKB so far. Since January, it has traded above the $25 mark. It reached an all-time high value of $46.06 on 8th February 2023. From all indications, it will remain bullish.
OKB/USD price chart. Source: Coinmarketcap
It is time we delve fully into OKB price prediction for the years ahead. Before that, here’s a brief overview of the points you should keep in mind in this section of the guide:
- OKB was created by Maltese crypto exchange OKEx (one of the largest exchanges in the world) and the OK Blockchain Foundation
- OKB started trading on major exchanges soon after it was released in 2018
- OKB price has grown considerably since its launch
- OKB reached an all-time low price of $0.580608 on 14th January 2019
- OKB reached an all-time high price of $46.06 on 8th February 2023
- OKB price has been on a bullish run since the end of last year and will likely continue to go up
- OKB is considered one of the best altcoins
Cryptoassets are a highly volatile unregulated investment product.
OKB Price Prediction 2023
As mentioned already, OKB is having a good year. It has sustained the momentum it picked up prior to the beginning of the year. Considering the major factors that contribute to the price of a digital asset, it is tempting to say that OKB is one of the most undervalued cryptos. Its current market price may be impressive, but it can even get better.
There are several factors that will determine how the OKB price will move in the remaining months of this year. If you consider these factors carefully, you will find several reasons to believe that OKB is going to have a great year. Demand and supply are often regarded as the major determinants of assets’ prices and they will definitely play a role in OKB price but there are several other factors to consider.
We’ve previously mentioned that OKEx is one of the biggest exchanges in the world. What that means is that OKB has a very strong background. The platform it powers ranks among the biggest exchanges in terms of both liquidity and trading volume. OKEx also provides a wide array of helpful services. In many ways, it is similar to Binance, which is the current largest crypto exchange in the world.
You’re probably itching to know what our OKB price forecast for 2023 is. However, it is best to exercise patience as we explore the major factors that will form the basis of the forecasts. Understanding what could bring the inevitable price changes will help you make a sound decision at the right time.
OKEx, the exchange platform behind OKB, provides a wide range of trading pairs. Among the top exchanges, OKEx is the frontrunner when it comes to providing options trading for users. This is one of the major reasons it is used by millions of people across the world. It also has its own cloud mining service and it helps to bring even more users.
OKEx user base is already massive. However, the team behind the exchange is not resting on its laurels. As it continues to improve, the user base will continue to grow, and that will have a massive effect on the price of the token.
It is a known fact that the level of activities on a blockchain or an exchange can have a meaningful impact on the price of the native token. As OKEx continues to grow and serve its customer base wonderfully, the price of the OKB token will continue to rise. Based on our OKB price prediction analysis, the coin could reach $56.86 by the end of 2023.
Cryptoassets are a highly volatile unregulated investment product.
OKB Price Prediction 2024
When you consider how well OKB has performed in the past, it becomes easy to understand why our OKB price prediction is glaringly bullish. It is no easy feat for a new cryptocurrency to surpass $2 billion in market capitalization. OKB achieved that months ago and will most likely continue on its upward trend.
From what we covered in the previous sections, you should know that OKB’s utility cuts across the OKEx ecosystem and beyond. One particularly interesting role of the crypto is yield generation. If you are an OKB user you will know that it grants a 40% discount on transactions within the exchange and ecosystem. This is one of the reasons its users keep coming back, and that can always affect the OKB price positively.
OKB is also the key to earning passive income in the OKEx ecosystem. OKEx Earn, a product in the ecosystem, rewards OKB holders who are interested in passive income earning. A good percentage of users love this product because of its potential to yield significant rewards. It is only rational to assume that more crypto enthusiasts will be attracted to this and other products and it will have an effect on the value of the asset.
It is also important to consider the number of activities OKB facilitates within its ecosystem and beyond. On OKExChain, which is the OKEx blockchain, OKB is the primary facilitator of spot trading, derivative trading and more. It even facilitates the simultaneous development of scalable decentralized apps (dApps).
It is important to also state here that OKB is the governance token of the OKEx ecosystem. What this means is that it gives governance rights to holders. The implication is that OKB holders determine how the blockchain is run and how changes are made. When you hold OKB tokens, you are entitled to vote on decisions that will shape the future of the ecosystem and your digital asset.
Considering all the utility OKB provides within and outside the OKExChain, it is normal to project a reasonable growth pattern in the coming years. Our OKB price prediction for 2024, therefore, is $96.50.
Cryptoassets are a highly volatile unregulated investment product.
OKB Price Forecast Long Term Outlook – 2025
If you are considering buying OKB and waiting for a couple of years to sell then you need to pay more attention at this point. The destiny of the coin, to a large extent, depends on the strength of the OKEx exchange and the OKEx blockchain. You need to pay attention to what happens within the ecosystem in the coming years.
From all indications, OKEx is already a wonderful platform. Over the years, it has been able to attract millions of loyal users. There is no point in doubting that it will attract even more users in the coming years. Once the trend is continuous, the OKB token will become even more desirable to all kinds of traders and investors. Getting in now is better than waiting.
A desirable digital asset will always command respect and high value in the market. Higher value, of course, translates to a higher OKB price in the near future. Market factors will always cause the price of the asset to fluctuate from time to time, but the most likely outcome is a steady rise in OKB price.
No one can tell at this point how far the OKExChain will go. But if we are to use Binance as a yardstick, you have to admit that the possibilities are endless. By 2025, it is likely that the OKEx blockchain must have advanced considerably. Fortune will smile on OKB holders if the blockchain turns out to become way bigger than the current state.
As much as we know, OKEx often creates incentives for OKB holders. It is okay to assume that more incentives will be introduced in the next two years. Depending on how attractive they are, new incentives may drive millions of new users to buy OKB. That, alone, could contribute significantly to boosting the price of the asset.
So far, there are many reasons to believe that the OKB price will rise significantly in the next couple of years. As a result, our OKB price prediction could reach as high as $140 by the end of 2025.
Cryptoassets are a highly volatile unregulated investment product.
OKB Price Prediction 2030
If you are a HODLer then our OKB long-term forecast will be immensely beneficial. But first, you need to understand that there are many factors that will determine the price of the asset in the long run. The market condition will likely be the biggest influence.
Over the years, we've seen that the price of most assets responds to changes in the price of Bitcoin. As the mother of all cryptocurrencies, BTC commands the highest value in the crypto space. Its price movement, most times, has a significant effect on the prices of all other digital assets. There are projections that Bitcoin's value will be gigantic by 2030. That could easily translate to a higher OKB price also.
There’s a need to set the record straight at this point. We are not expressly saying that the prices of big cryptocurrencies like Bitcoin and Ethereum will determine the price of OKB. They may have some impact but OKB, as an independent digital asset, can appreciate or depreciate independently, regardless of the prices of these assets.
After all, OKB was performing well when these other coins were nose-diving last year. But it is always good to consider BTC price movement when making crypto price forecasts.
Have you considered the possibility of crypto going mainstream by 2030? Most industry insiders believe that the chances are very high. If the projections play out, we can all accept that the OKB price in 2030 will be considerably higher than what we have now.
OKEx has contributed a lot in terms of improving crypto adoption. It is also expected that it will play a significant role in making the cryptocurrency industry go mainstream. It often follows that the biggest players in any industry benefit the most when the industry goes mainstream. OKB will likely be among the biggest winners in the event of crypto going mainstream. OKB holders could be the biggest gainers.
It is true that 2030 is several years ahead, but we can deduce from what we’ve seen that the OKEx ecosystem will be bubbling by then. That's one of the major reasons our OKB price prediction for 2030 is really bullish. We forecast that the coin could be worth as much as $820 per token by the end of 2030.
Cryptoassets are a highly volatile unregulated investment product.
OKB Price Prediction 2040
You have to admit that some of the decisions OKEx will take in the coming years will have a meaningful impact on how the price of its native token will change. There are fundamental decisions and practices that affect coin prices and they are more pronounced in the long run. 2040 is several years ahead and these practices and decisions must be considered in order to make a realistic OKB price prediction.
One of the practices OKEx utilizes in supporting the value of OKB is burning. OKB tokens are burnt periodically to control supply and preserve the value. Burning means removing a token from circulation. It involves sending the digital asset to an 'eater' address from where it can never be retrieved. By reducing the supply of the OKB token, burning effectively increases the scarcity of the asset. This, of course, mostly results in better pricing and profit for investors.
Though the extent to which crypto burning can influence price is often debated, it is refreshing to see that OKB is burnt at regular intervals to reduce supply. In the long run, it will eventually have an impact on the coin’s value.
Besides burning OKB regularly, OKEx has other attributes that contribute to preserving the coin’s value. The OKExChain, for instance, has a layered architecture that boosts security, reduces consensus time and improves scalability. It makes the platform attractive to users, and that often has a meaningful effect on the price of the asset.
After considering the opinion of a few experts and performing algorithmic-based analysis, we are very bullish about OKB price prospects in the long term. For this reason, our OKB price prediction 2040 estimates that the coin could be valued at $5,000 by this point.
Knowing that our long-term OKB price forecast has been bullish all along, you can tell that we expect the price of the asset to explode so well in the next 10-20 years. It follows the narrative that OKB is one of the most undervalued crypto assets and that its price will rise as the years roll by. Chances are high that OKB will be worth as much as $6,500 by the end of 2040, according to 5 crypto forecasts.
Cryptoassets are a highly volatile unregulated investment product.
Potential Highs & Lows of OKB
The sections above have represented a deep analysis into our OKB price prediction for the years ahead. Presented below are some critical areas of note that OKB investors may wish to keep their eyes on going forward.
The below prediction figures outline the potential highs and lows of OKB price prediction forecasts offered by technical analysts and industry experts.
| Year | High | Low |
|---|---|---|
| 2023 | $56.86 | $38.00 |
| 2024 | $96.50 | $60.00 |
| 2025 | $140.00 | $90.00 |
| 2030 | $820.00 | $650.00 |
| 2040 | $5000.00 | $3500.00 |
Cryptoassets are a highly volatile unregulated investment product.
What Is OKB Used For?
We’ve already established that OKB is the native token of the OKEx exchange platform and the associated OKEx blockchain, OKExChain. We’ve also mentioned that it is both the utility and governance token of the network. What exactly is it used for? Here are the major use cases to know:
Paying Transaction and Gas Fees
OKB is used within the OKEx ecosystem to pay for a variety of services, including regular transactions and gas fees. As the utility token of the network, it serves all manners of users, including developers, traders and long-term investors.
Making Payments
You can use OKB to complete different types of payments within and beyond the OKEx ecosystem. It can be used as an alternative to any currency when the parties involved agree. It is a complete digital asset in all ramifications.
Securing the Network through Staking
As the utility token of the network, OKB secures the OKEx network. It can be staked by users to secure the network and it will always yield rewards.
Participating in OKEx Products
We mentioned at one point that OKEx offers a variety of products, just like Binance. OKB is the primary token for participating in these products. OKEx Earn, for instance, yields meaningful passive income for OKB holders who choose to participate.
Voting and Governance Decision
As the governance token of the OKEx ecosystem, OKB allows holders to vote to approve proposed changes within the network. It gives the power of determining how the network is run to users who hold the token.
Investment Purposes
Like other digital assets, OKB is an investment vehicle. Of course, you know this. If not, you wouldn’t be interested in OKB price forecast.
Cryptoassets are a highly volatile unregulated investment product.
How Could OKB’s Future Utility Affect Price?
One of the things you should never forget in this OKB price prediction is that the token will gain more use cases in the future.
If you are conversant with OKEx’s history, you will know that OKB can potentially have several future utilities. Already, it has transitioned from just being the native token of a cryptocurrency exchange to having multiple use cases within its ecosystem. Its utility already goes beyond the network.
We also mentioned at some point in this OKB price prediction guide that the OKExChain now supports the continuous creation of decentralized apps (dApps). What this means is that several dApps will eventually become available on the OKEx blockchain. OKB will definitely be used to pay for services offered by such decentralized apps.
Considering how fast the OKEx ecosystem has developed in just a few years, it is not out of place to suggest that a lot of positive changes will happen in the near future. Some of these positive changes will involve the introduction of new products that can help users to earn more. OKB will be potentially used to participate in such products and opportunities.
All the potential future utilities mentioned above will definitely affect OKB's price in the coming years. The more utilities a coin provides the more it is considered desirable. Of course, you should understand that all these will translate to positive price movement. Thus, our OKB price forecast remains powerfully bullish.
What Drives The Price of OKB?
It is common knowledge that OKB price prediction is generally driven by demand and supply. However, these are not the only factors that determine the price of cryptocurrencies. Like other top altcoins, OKB experiences fluctuations caused by many market factors. Here are some factors that currently drive the price of OKB:
Activities within the OKEx exchange
As you can tell from what we’ve covered, so many activities are recorded at all times on the OKExChain. Remember that people from all parts of the world trade with OKEx exchange and that different kinds of trading are supported. Also, developers are always working on the blockchain. All these activities and their results can drive the price of OKB.
Social Media Activities
It is almost impossible to separate cryptocurrencies from social media. Most crypto enthusiasts, including OKB holders, are on social media. Their activities there and general perception of market conditions, as well as how they are communicated via social media can drive the price of OKB.
Growth in Crypto Adoption
Crypto adoption is improving steadily, though not at the pace many will appreciate. It is another huge factor that can influence the price of OKB. An increase in adoption will ideally translate to a higher OKB price.
Crypto Market Regulations
We understand that crypto is still in its infant stage and the market is hardly regulated. An increase in crypto regulation can have varying effects on the prices of assets. Positive legislation in the future will most likely result in better prices for digital assets across various countries.
Institutional Investment
Institutional investment can have a noticeable positive effect on the price of an asset like OKB. Though OKEx and the OK Blockchain Foundation are already big names in the evolving blockchain industry, major institutional investment will be welcomed at any time since crypto is free for all. Such potential investments are part of the reasons our OKB price prediction will remain bullish.
Cryptoassets are a highly volatile unregulated investment product.
Where To Buy OKB
Quick alert: This could be the most helpful aspect of this OKB price prediction guide for you, especially if you want to save money and avoid making a mistake. Taking time to understand where to buy a cryptocurrency is as important as determining the crypto to buy.
Over the years, we've seen that people who carefully choose the right platform to buy digital assets achieve better results than those who buy from the first place that pops up. It is important, therefore, that we guide you accordingly.
You can buy OKB from anywhere, but we strongly recommend eToro. It is arguably the best place to buy OKB and other investment vehicles quickly and at a minimal cost. As one of the first online brokers to support crypto investing, Etoro has perfected its process over the years.
There are many reasons to choose to buy cryptos from eToro ahead of other platforms. For a start, eToro is super-secured. It is impossible to lose your investment when you use it. It offers a top-of-the-class multichain crypto wallet to secure your assets. The platform also charges some of the lowest transaction fees on the market (1% commission on buy and sell orders).
eTor already has more than 30 million registered users worldwide. It is a trusted brand that is regulated by leading bodies, such as FCA, ASIC, FINRA, CySEC and FinCEN. In addition to OKB, you will find hundreds of other digital assets and investment vehicles.
Pros
✅ Trusted by over 28 million users worldwide
✅ Transparent and low fee (1%) on buy and sell orders
✅ Highly secured and free multi-chain wallet
✅ No deposit fees
✅ Low barrier to crypto investing (as little as $10)
✅ An abundance of cryptocurrencies and other investment vehicles
Cons
❌ Conversion fees for non-USD deposits may apply
❌ A small inactivity fee may apply
Cryptoassets are a highly volatile unregulated investment product.
Latest OKB News
It is not proper to conclude this OKB price prediction guide without touching on the importance of staying up-to-date with market information. If you are really going to invest in OKB, it is important that you always get the necessary breaking news about the coin and its entire network.
Current and potential OKB investors will always benefit from staying updated about developers within the OKEx ecosystem and the wider blockchain industry. Whether you are trading or HODLing OKB, it is important to get the latest news about the token, about the OKEx exchange, as well as about the OKExChain.
By staying up to date with the latest OKB news, you will know when to take any major decision that can affect your results positively. You will be able to react quickly to either take advantage of an opportunity or prevent a mishap before it happens.
One of the most interesting latest OKB news you should know is that OKB is very close to setting a new all-time high just after five years of attaining the high.
OKB Price Prediction – Conclusion
We’ve covered OKB price prediction in the most comprehensive manner. The essence is to help you understand how the price of the crypto asset can change in the next coming years. Of course, this guide is aimed at helping you make better decisions.
Based on OKB price prediction and forecast, the coin is ready for a massive bull run. The coin is currently one of the most undervalued crypto. As the OKEx exchange continues to grow and the OKExChain continues to advance, the price of OKB will keep shooting for the moon.
In addition to the forecasting, we’ve discussed some of the most important things you should know before investing in the asset. We also disclosed that it was released in 2018 by the OKEx exchange and the OK Blockchain Foundation. We also disclosed that it has performed really well in the previous years.
We also stated the major factors that can affect the price of cryptocurrencies while making each OKB price prediction.
We’re gradually getting to the end of this OKB price forecast article, and it is still very important that you pay close attention. OKB, like other cryptocurrencies, can be a profitable investment. At the moment, it is looking like one of the best crypto to invest in. However, you need to be certain that you want to buy it.
Other Crypto Price Predictions
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- Litecoin Price Prediction
- Lido DAO Price Prediction
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- Toncoin Price Prediction
eToro – Best Platform To Buy Crypto Assets
Open an account with eToro, deposit some funds with USD, and finally – buy coins and tokens from just $10.
Cryptoassets are a highly volatile unregulated investment product.
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FAQs - OKB Price Prediction
What was the starting price of OKB?
OKB was launched through an ICO but when it started trading on major exchanges, its starting price was in the range of $4.76 per token.
What will OKB be worth in 2023?
According to our OKB price forecast, the coin should be worth up to $56.86 in 2023. The value could be higher but this is a realistic projection.
What is the OKB price prediction for 2024?
The OKB price prediction for 2024, according to our forecast, is $96.50 per token.
How much will OKB be worth in 2025?
By 2025, OKB is expected to gain significantly. By the end of the year, we expect the coin to trade for up to $140 per token.
What will OKB be worth in 5 years?
In the next five years, OKB could be worth as much as $520 per token.
What is OKB price prediction for 2030?
According to our forecasts, the OKB price prediction for 2030 is $820 per token.
Will OKB go up?
It is very likely that the value of OKB will go up in the future. It has been trending upward already, and it can climb further. The ecosystem is evolving positively so the price should also move in a positive manner.
Is OKB a good investment?
OKB can be considered as a good investment. It has already yielded a mouth-watering return on investment (ROI) for early investors. There are also material indications that the entire OKEx ecosystem may explode in the future. This means a timely investment now has the potential to yield significant profit.