The OKB token price today showed an unexpected performance as its price jumped from 22.97 USD before the event to 24.15 USD within 1 hour. The turnover also increased by 15.58 million USD to 18.73 million USD.
At the time of writing OKB price was trading at $23.88 with a jump of 4.44%. The market cap for OKX is currently at 1.860 billion USD with a 29.61% increase in trading volume.
For information, Elon Musk has started following this OKX crypto exchange on Twitter. Musk has never followed any exchange account on the microblogging platform before.
He only publicly endorses the crypto meme, Dogecoin, and follows its founder Billy Markus. This has given the token a huge boost over time. Before taking over Twitter, he envisioned the possibility of Dogecoin becoming a payment method on the platform. In an interview with the Times last year, he claimed Dogecoin was better for transactions than Bitcoin, the largest cryptocurrency exchange.
There has been news circulating for a while that Musk will be launching a Twitter Coin. This has again raised the price of DOGE. However, the report is only an unofficial rumor.
OKX is a cryptocurrency exchange based in Seychelles, founded by Star Xu and owned by OK Group. It was formerly named as OKXe. In early 2022, it was rebranded as OKX. In March, soccer team Manchester United announced its partnership with OKX as an official cryptocurrency partner.
