Ali Raza
The global cryptocurrency market has not reported much action in the last 24 hours. The total crypto market capitalization stands at $844 billion according to Coingecko, with an around 0.6% drop over the past day. Despite the market consolidating, OKB and HT have set themselves apart by reporting higher volatility.
In the last 24 hours, OKB has dropped by 1.2% to trade at $22.67 at the time of writing. On the other hand, Huobi token has dropped by 3.1% to trade at $5.27 at the time of writing.
OKB and HT are trading lower today
CEX coins took a beating after the collapse of FTX in November. As the trust of crypto investors in exchanges dropped, it ignited selling pressure in these tokens. CEX coins are yet to post a major recovery, given that the broader cryptocurrency market remains bearish.
OKB, the native token of the OKX exchange has plunged by around 1% over the past 24 hours. The token made a slight uptrend after news that OKX would be listing the BNB token. However, this uptrend was not sustained. There were also concerns earlier this week after the exchange experienced an outage after connection issues with its cloud provider.
While OKB has shown much resilience over the past week, HT has been on a notable bearish trend after dropping by 18% during this time. The HT token made a notable uptrend last month after Huobi announced rebranding plans and a new strategy. However, the hype surrounding the change seems to be fading.
As these CEX coins continue struggling to erase the bearish thesis, crypto investors have turned their attention to Dash 2 Trade. This trading coin has the potential for 100x gains in 2023 because of its solid fundamentals.
Why Dash 2 Trade is a better buy
The recent events surrounding the FTX exchange and the turbulence that has rocked the crypto market since then has created a demand for a reliable platform that can be used by crypto investors to stay ahead of the market.
Dash 2 Trade is an intelligence platform that will offer features such as social trading, strategy building tools, on-chain analysis and information that will help cryptocurrency investors to make winning trades.
The Dash 2 Trade development team has already released a teaser of this platform, which will also include a presale dashboard allowing the crypto community to access the best presale projects. The Dash 2 Trade website also offers glimpses into what this platform will look like.
The presale is in the last stage, and it has already raised more than $10.37 million. Less than 12% of the presale tokens are remaining, with the presale ending after 15 days.
January 2023 will be an eventful month for the Dash 2 Trade community, given that there are multiple things planned. The first is the release of the beta phase, which will be in early 2023. The Dash 2 Trade team has also confirmed that the first CEX listing will happen on January 11. Amid these developments, Dash 2 Trade could make 10x gains during the month.
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This article was written for Business 2 Community by Ali Raza.
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