OKB Emerges Crypto Top Gainer as XRP Airdrop Sparks 400% Trading Volume Spike
Key Notes
- OKB price soared 30% to $220 after a viral XRP airdrop campaign boosted KYC sign-ups and token demand.
- Derivatives activity exploded with $401M in trading volume and $1.21M in short liquidations, indicating a short squeeze.
- Despite bullish momentum, RSI at 93.91 flags overbought conditions, with key support at $180 and resistance near $240.
OKB, the native token of centralized exchange OKX, rose 30% on Thursday, Aug. 21, defying broader market weakness as Bitcoin, Ethereum and Solana booked losses between 1% and 3%, respectively. The rally was linked to increased community engagement around an XRP airdrop campaign that began Tuesday, Aug. 19, rewarding five winners with $2,000 in
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