The coin is currently changing hands at $23.80 after adding a gain of 3.42% over the past 24 hours. By comparison, Bitcoin is down by 1.28% within the same timeframe, while Ethereum has slumped 2.04% to $16,671.16 and $1,196.87, respectively.
With its current price performance, OKB is now ranked as the best-performing altcoin of the top 100, according to market capitalization ranking. While other digital currencies have shed the gains they had accrued over the past week, OKB has maintained relatively bullish growth momentum within that time frame. The coin has inked 5.04% in the week-to-date period.
As a representative digital currency of the OKX ecosystem, OKB has also been impacted by the harsh pangs of the crypto winter. However, its fall rate is milder when compared to other altcoins with robust ecosystems. For instance, Polkadot hasOKX transparency paying off As a cryptocurrency exchange, OKX has suffered from the impacts of the collapse of FTX Derivatives Exchange; however, it has been able to manage its community well.by U.Today, the exchange had issues with its withdrawals earlier this month but was able to allay all fears as it swiftly detailed the cause of the hiccups.