K2 Kai
--
Many fans asked me to talk about #OKB . Actually, I have recommended myself on 110 but didn't buy in. I'll give everyone a position to re-enter around 160 and 140 where some can be caught.
Recently, there have been many good news about OK, the skyrocketing platform token has attracted everyone's attention back to this old trading platform, and it has also given a $100 million X Layer ecological fund. OKX's wallet and on-chain products are very useful, but they have been burning money without making a profit. Of course, OK can afford this money.
From what I remember, this is the second or third time that the OK chain has been launched. The momentum of the previous launches was not smaller than now, but the performance was rather average. Previously, there was a lot of noise but little action; the listing of spot coins has also been quite confusing, possibly related to compliance.
Regarding the OKB burn and so on, I believe it is a short-term positive for the coin price, but long-term it is negative, similar to an injection of stimulants, because it has been separated from the OKX entity. Before, it was empowered by the valuation of the platform token, now it is a public chain.
A public chain needs to create wealth effects and have sufficient liquidity, which involves coin listings. This is currently a shortcoming; the poor performance in the spot market has been evident for one or two years, old investors all know this. Meme tokens are not the main direction of the OK chain, especially since it needs to comply in the future. Looking at the base, many application tokens disguised as memes have received support; I think this is worth learning.
Currently, competition between exchanges and public chains is very fierce; only a few can be heard. So, I look forward to what OK will play next. I hope there is a domestic exchange that can compete head-on with Binance, which would provide more opportunities for everyone to make money #国产概念币集体爆发 .
Recently, there have been many good news about OK, the skyrocketing platform token has attracted everyone's attention back to this old trading platform, and it has also given a $100 million X Layer ecological fund. OKX's wallet and on-chain products are very useful, but they have been burning money without making a profit. Of course, OK can afford this money.
From what I remember, this is the second or third time that the OK chain has been launched. The momentum of the previous launches was not smaller than now, but the performance was rather average. Previously, there was a lot of noise but little action; the listing of spot coins has also been quite confusing, possibly related to compliance.
Regarding the OKB burn and so on, I believe it is a short-term positive for the coin price, but long-term it is negative, similar to an injection of stimulants, because it has been separated from the OKX entity. Before, it was empowered by the valuation of the platform token, now it is a public chain.
A public chain needs to create wealth effects and have sufficient liquidity, which involves coin listings. This is currently a shortcoming; the poor performance in the spot market has been evident for one or two years, old investors all know this. Meme tokens are not the main direction of the OK chain, especially since it needs to comply in the future. Looking at the base, many application tokens disguised as memes have received support; I think this is worth learning.
Currently, competition between exchanges and public chains is very fierce; only a few can be heard. So, I look forward to what OK will play next. I hope there is a domestic exchange that can compete head-on with Binance, which would provide more opportunities for everyone to make money #国产概念币集体爆发 .
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
912
0