OKB (OKB), the native token of the OKEX alternate, has seen a good surge in value after the platform introduced a sponsorship cope with English soccer champions Manchester Metropolis. The deal, which is claimed to be value hundreds of thousands of {dollars}, is anticipated to final a number of years. Here’s what we all know:
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OKEX promotional supplies will seem on women and men Man Metropolis groups.
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OKB surged shortly after the information however has misplaced a few of these good points.
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The coin was buying and selling at round $17.59 at press time.
Information Supply: Tradingview.com
OKB (OKB) – What does the Manchester Metropolis deal imply
Over the previous few months, world crypto exchanges have been stepping up their partnership with sports activities entities. Crypto.com made headlines with a slew of partnerships with main US franchises, and Coinbase was the primary alternate to air an advert throughout the Superbowl.
OKEX can be following the identical strikes in a bid to usher in extra customers to the platform. This could solely be excellent news for the OKB token. Nevertheless, regardless of the small surge in response to this information, we nonetheless anticipate OKB to stay very risky.
In reality, even after surging shortly after the information, OKB fell sharply as soon as extra and was buying and selling at $17.59. However the cope with Manchester Metropolis is an enormous deal. It is going to deliver a number of visibility and model recognition for OKX.
Must you purchase OKB?
Effectively, alternate tokens are sometimes not the preferred funding choice for crypto traders. However in case you might be on the lookout for a token that provides actual utility, then OKB is a good choice.
Apart from, OKEX is now one of many largest exchanges on the earth. Because the platform continues to get sturdy visibility with offers just like the Man Metropolis one, OKB will develop additional. Subsequently, it’s one thing actually value shopping for, particularly proper now that it has dipped considerably.