OKEX is one of the largest cryptocurrency exchanges, and the price of their native coin OKB has risen significantly in the last 24 hours, and is now up over 25%.
How high could the price of OKB go?
OKB is the native token of the OKEX exchange, meaning that its closest rivals are other exchange tokens, such as BNB.
BNB is currently one of the largest cryptocurrencies by market cap, and has been performing extremely well over the past few months. In fact, it was one of the best performing assets of both the last bull market and (amongst the large caps) the bear market thus far.
Some speculators believe IMPT may offer a higher ROI
For those who are simply interested in speculating which asset can appreciate the most, they may be interested in looking further afield.
Although it has nothing to do with OKB, IMPT is a project that has also been gaining traction over the course of the last few weeks, and has now raised over $12m as part of its presale.
Ushering in a green revolution
IMPT’s focus on revolutionising the space of carbon credits is a large one, and has the potential to capitalise on a massive industry.
By 2030, Broadridge Financial Solutions believes that the total value of the ESG industry will surpass the $30 trillion level, with $50 billion being accrued to the niche of carbon credits alone.
IMPT’s goal of positioning itself a dominant crypto asset and a dominant player in the space of carbon credits is significant.
One can earn IMPT as cash back rewards when spending with any of the 25,000 companies that the team at the Impact Project has onboarded through their affiliate programme.
Many of these brands are household names, such as Amazon and Microsoft.
When one earns IMPT as rewards, they have the option to either hold it as an investment, trade it, or to redeem it for carbon credits as NFTs, to showcase their green credentials.
The IMPT presale is live now
Those who believe that the rise of ESG investing and rise of cryptocurrencies pose an intriguing opportunity to capture value may be interested in the growth of IMPT going forward.
The IMPT presale is constructed in such a way that the price is to gradually increase as the presale progresses, meaning that those who accumulate a position earlier on are able to do so at cheaper prices.
Currently, the token is being sold at a price of just $0.018, although it is to increase to $0.023 at the next stage of the presale.
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