OK coin issuance price, total amount and white paper introduction

OK Coin is a digital asset based on blockchain technology, issued by the OKEx Digital Asset Exchange, and is used to pay transaction fees, participate in governance, and incentivize the development of the ecosystem. Its main points include: 1. Vision: To establish an open, secure and transparent digital asset trading ecosystem. 2. Technology: Based on OKChain blockchain technology, with high throughput and security. 3. Economic model: Using a two-layer token system, OKB is used to pay transaction fees and incentives, and OKBChain is used to participate in governance. 4. Application scenarios: Can be used as a medium of exchange, payment currency, pledged assets and DeFi tools.

What is OK Coin?

OK Coin is a digital asset based on blockchain technology, which is issued by OKEx Digital Asset Exchange. OK coins are used to pay transaction fees, participate in governance, and incentivize the development of the ecosystem.

OK Coin Issuance Price

OK Coin was first issued on May 17, 2017, with an issuance price of $0.5.

Total amount of OK coins

The total number of OK coins is 1 billion, of which 600 million were allocated to early investors and community members during the initial issuance, and the remaining 400 million of them are reserved by OKEx.

OK Coin White Paper

OK Coin White Paper outlines the vision, technical details, and economic model of OK Coin. The main points of the white paper include:

• Vision: Build an open, secure, and transparent digital asset trading ecosystem.
• Technology: Based on OKChain blockchain technology with high throughput and security.
• Economic Model: Uses a two-tier token system, where OKB is used to pay transaction fees and incentives, while OKBChain is used to participate in governance.
• Application scenarios: Can be used as a trading medium, payment currency, pledged asset and DeFi tool.

The white paper is available through the OKEx website: https://www.okex.com/white-paper

OKB Price Increase

As of 11:00 on September 10, 2024, OKB was trading at $37.48, with a 24-hour trading volume of $2.5684 million.

Recent Price Changes

In the past 24 hours, the price of OKB increased by 2.87%. This rally is driven by multiple factors, including:

• Overall rise in the cryptocurrency market
• OKX exchange’s new features and partnerships
• OKB Ecosystem Continued Development of the System

Future Outlook

Future OKB price trends are expected to continue to be affected by cryptocurrency market volatility and OKX exchange performance. If market sentiment remains positive and OKX continues to make progress, OKB price may continue to rise. However, factors such as market downturns or regulatory changes could also cause prices to fall.

It is recommended that

Investors should consider their own financial situation and risk tolerance before making any investment decisions. OKB is a volatile asset and its value can fluctuate significantly.

Short-Term Forecast

In the short term, OKB price is expected to continue rising, but volatility may remain high. Invest carefully and according to your risk tolerance.

Indicators

• Current Price: $37.48
• 24 Hour Volume: $2,568,400
• Price Change ( 24 hours): +2.87%
• Circulation: 60 million
• Total supply: 60 million
• Circulation market capitalization: US$2.249 billion

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