"Maybe it can go up to $60?"
In addition to a 330% increase in trading volume, the OKB digital asset founded by cryptocurrency exchange company OKX surged past the $56 level before retreating to $54.04 in the past 24 hours.
It is widely known that the price increase has occurred after OKX announced that it will sell and offer SUI tokens through the OKX Jumpstart platform in the form of a token allocation lottery on April 23.
However, users will need to hold OKB from April 20 to 22 if they wish to obtain SUI, where the number of tokens that will be available is as much as 225 million.
Please be informed that the collaboration between OKX Wallet and Sui Network will allow users to access any Sui ecosystem project including participating in airdrops and initiatives.
Not only that, crypto exchange companies such as ByBit, KuCoin including OKX that will list SUI will launch a subscription mechanism and allow selected users to buy the digital asset at a very low price.
On the other hand, Hong Kong acting aggressively to develop into a crypto hub will be the reason why institutional investors from the country are flocking to buy crypto for the first time on the OKX platform.
Meanwhile, the newly established OKX in Hong Kong will apply for a virtual asset service provider (VASP) license under the Anti-Money Laundering and Anti-Terrorist Financing (Amendment) Ordinance 2022.
