In-depth interpretation of hot project data

Feb 07,2023
According to the ratio of trading volume to market capitalization, OKX is 20% of BNB, so if we extrapolate the price, OKB should be reasonably priced at $66.8 USD. 1、BNB is the absolute leader, occupying more than 60% of the market share 2、Excluding BNB, OKB's ecological matrix is the most complete. Including spot, futures, public chain, wallet, NFT, etc. 3、In the derivatives exchange segment, Bybit and Bitget have a 24-hour trading volume of over 6 billion US dollars, ranking third and fourth respectively. 4、Although Bifinex has the smallest trading volume, it ranks third with $8 billion in deposits and a sufficient margin ratio. This has also contributed to its $3.5 billion market capitalization. 5、 According to the ratio of trading volume to market capitalization, OKX is 20% of BNB, so if we extrapolate the price, OKB should be reasonably priced at $66.8 USD. 6、The largest OKB balance in CEX is OKX, with 4.5 million OKB, while the rest of the exchange OKB balance is negligible, as the largest Gateio is only 30,000 OKB. 7、Although OKB circulation is 246 million, but analysis shows that in February 2020, through 32,000 addresses, apportioned 150 million Token, the current real flow of OKB is 77.09 million (31.3%) (data inferred from the public content, not to ensure the authenticity) 8、97% of OKBs have been held for more than 6 months (90% of them have been held for more than 1 year), if we extrapolate from the logic that only smart money (Project Itself) is sucking money at the bottom, only 4% of OKBs on the market are really liquid (9.84 million OKBs)
Pay attention to the industry's hot value projects in real time, and summarize the multi-party data of the projects for organic integration and interpretation. It is convenient for users to understand the important information of the project more clearly and structured. Empowering investment decisions.
22,513Follow
76,469

Recommend

More