In this guide, we will express our and the market’s opinion on the future of OKB as we discuss OKB price forecasts for 2023 and beyond.
Please keep in mind that you should take this and any other forecast with a grain of salt as predicting anything is a thankless task, let alone predicting the future of a new highly volatile financial asset like OKB.
Now, let’s get into it.
Before delving into OKB’s price prediction and answering questions about whether OKB is a good investment or not, why OKB will succeed or fail, or why OKB will rise or fall, let’s quickly take a look at what OKB is and its history to date.
What is the OKB token?
OKB is a cryptocurrency of global utility issued by OK Blockchain Foundation.
OKB is a cryptocurrency released by the OK Blockchain Foundation and the Maltese crypto exchange, OKEx. The exchange is one of the largest in the world and currently ranks third in terms of liquidity, fourth in trading volume and offers a wide selection of trading pairs. OKEx is similar in many aspects to cryptocurrency exchange giant Binance, but there are a few key differences.
OK Blockchain Foundation is a token economy system designed and launched by our world-class development team based on blockchain technology. OKB is set to connect potential digital asset projects to OKEx users and professional investors, creating an OKEx ecosystem that helps advance the development of blockchain technology and the digital asset industry. Currently, the total supply of OKB is 300 million. We will listen to the suggestions of OKB owners for the development of the OKB ecosystem.
OKB Price Forecast for the next 90 days
The entire cryptocurrency world is on the verge of complete collapse. Bitcoin fell 75% from its all-time high amid broader market declines caused by furious inflation and the US Fed’s rate hikes.
When you add the most recent collapses of huge industry players (FTX, Celsius, Moon etc.) into the equation, the horizon is murky and there will be more blood on the streets of the crypto city.
Investors are selling risky assets and moving to more stable markets. Crypto is still perceived as a very risky game and therefore sell off.
Our algo still sees some green in 2023, especially in the second half of the year. This is reflected in our forecast for 2023.
Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.
Once Bitcoin settles into the new price range, altcoins will start doing the same – we’ve seen this scenario dozens of times in distant and more recent history.
Our price forecasting model is bearish for the next 90 days with a hint of a bull market straddling quarters from Q1 to Q2. We expect whales and other larger players in the market to finish filling their bags around that time, which will cause a typical and sudden crypto spike.
The fundamentals we evaluate are teams, tokenomics, use case, community, marketing efforts, liquidity and availability of exchange, hype and speculative potential, and some other proprietary factors developed in our crypto lab.
OKB Price Forecast 2023
Our forecast model calls for a temporary shift to a bear market in early 2023 before moving to another lead in Q3 and Q4 of 2023.
OKB Forecast 2025 – 2030 – 2040
Our forecasting model predicts that OKB will reach new highs in 2025:
The OKB price in 2030 and 2040 is expected to be a couple of orders of magnitude higher than our 2025 forecast.