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Learn about OKT, a Cosmos-based altcoin now defying a bear market
- Motiur Rahman
- 2022-12-20
- 3239
- Technology
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Summary:OKT token rose by double digits last weekThe cryptocurrency has been boosted by new partnershipsOKT is correcting but remains on an uptrendOKT, the cr
OKT token rose by double digits last week
A new strategic partnership promotes the rapid development of cryptocurrency
OKT has been adjusted, but it is still in the trend of growth
OKT is the cryptocurrency of OKX Chain, which became the headline of today last week. Cryptocurrency rose by double digits, closing at $27 this week after the buying and selling price was only $17 seven days ago. By the time of submission, OKT had already cooled down, and the selling price was $22. The technical inspection on the spot showed that the token had risen for more than a month. What drives the price?
OKX is a blockchain connected by Cosmos IBC. It is compatible with EVM, and attaches importance to the real sense of excellent performance interoperability. Blockchain calls itself the next generation network platform of blockchain technology application software. OKX Chain's Web3 wallet allows users to manage their NFT and token composition of the system.
OKT's profit comes from the faceCryptocurrency News ReportOKX chain. The blockchain announced its cooperation with Candy Club, DEX Internet Lovely Swap, and Chihuahua Chain, a meme property. Another company that has cooperated recently is Nansen, a market demand analysis company. This cooperation improves the applicability of OKT, because the cryptocurrency will be applicable to many relevant test cases. Investors have been paying attention to and buying this unknown token.
OKT is adjusted after encountering friction resistance at $27
OKT/USDT data chart (by Trading View)
The technical market outlook shows that OKT has increased significantly, but is now adjusting. The moving average system sees cryptocurrency and supports it. The RSI touched the overbought level, but indicated that it had been adjusted. The reading value is still higher than the center point.
Will OKT continue to rise?
The future market price of OKT will depend on how important cooperation should promote it again. It should be remembered that a wider range of hot sectors are bullish. Therefore, when dealing with OKT, we should pay attention to the bullish mentality.
Aiming at expectationsBuy OKT,We should pay attention to the level of about $19. To this extent, the generation of upward data signals may attract customers and push up prices again.
Where to buy OKT
Bitfinex
Bitfinex is a virtual currency trading service platform, providing advanced services for digital currency investors and liquidity service providers.
Then use Bitfinex to purchase OKT
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