What is OXT?
OXT is Token launched by Orchid Network, which build to provide Virtual Privacy Network (VPN) with a decentralized security and privacy. The network providing marketplace to user for buying Bandwidth from different bandwidth or VPN provider with in same network.
Right now, ecosystem is adding new Seller in the network partnership with leading VPN provider in the business, as of writing they already working LiquidVPN, PIA and VPN Secure. Main purpose of bringing Orchid network with Blockchain is to provide privacy, bandwidth space, security to user in one currency.
Orchid project is developed on Ethereum Blockchain backed by smart contract consensus for payment in the ecosystem. Most of transaction in the network will be in the category of nano payment, so in the verge of providing low transaction fees and easy development process.
OXT Price Prediction
|Month & Year||OXT Price Prediction|
|Based on||VPN Blockchain|
|All-time high||$0.717451 USD|
|Exchange Platform||Coinbase Pro, OKEx, MXC, Hotbit, Bittrex, Kraken, Bilaxy, CoinDCX|
|Wallet||Metamask, Trust Wallet|
OXT ICO Overview
|Raised by||$25,000,000 USD|
|Date of ICO||October 201|
OXT recently listed on Coinbase and many of investor was expecting growth in prices but still OXT was dropped with 20% but since 13th march 2020 OXT is stable with average price USD 0.133, but from USD 0.137 to $0.161 price change in just 3 days with 17% growth rate help OXT into a trending topic and with this OXT officially enter into top 300 highest market cap cryptocurrencies, as less than 5 months over 65% total supply is circulated till now and remaining supply may be sold in few months due to lockdown in all over the world following coronavirus spread, as many people are working from home and who also need security along with bandwidth and if they are aware of Orchid then market cap value might be getting a higher number of transaction in the upcoming month and also looking at great future investor looking this cryptocurrency closing, as many top analyst things that Orchid may be good for long term investment after observing price graph which was stable for 2 times but that’s a really short period to judge any cryptocurrency.
So far in 2020 OXT is still having negative ROI with the highest value till now is USD 0.717, as the first question is when will OXT cross $1 USD mark then this probably happening in this year only, as immediately after the launch of OXT in few weeks it was very closed to reach $1 USD, so expecting speedy recovery from coronavirus crisis there will be a recovery in the cryptocurrency market which can take 2 to 3 month, so as per expert and study September 2020 may be a month where things will back into the track, so following this OXT can beat its all-time highest record within a month and till then it will be fluctuating with average 40% to 60% price change, so as per CEO Of OXT who believe in long term performance will be happy after this type of run in real-time price graph.
The orchid was on the board since last 2 year to create more private and open-source internet along with not only we going to focused on privacy but also we wanted to add censorship, as all this purchase and selling will be done within OXT token under Orchid project, as along with Coinbase Pro more other trading platforms like OKEx, MXC, Hotbit and CoinEX also listed OXT in their platform in which popular pair is with USDT and BTC, so it looks like Orchid is more popular in united states than other countries.
Orchid allows pay per use as most of VPN provider is having monthly or yearly basis so use in simple just turn off no need to pay and after you didn’t like service of specific VPN provider then with one click you can change VPN provider and also one account can share with unlimited devices or people, so this was a most wanted modification in VPN services and because of Orchid done this for many users after listening to their requirement so if they keep following this in future also they will become biggest VPN seller where many providers want to get listing and also download of OXT Application will be Billion in number and all this will help Orchid cryptocurrency get the rapid transaction in the network in two ways in which for purchasing and selling point of view and this can help in price fluctuation with stability in the graph.
Hopefully, in the 2021 year we will be seeing orchid cryptocurrency in top 30 highest market cap holder list and also they will increase total supply as an increase in price will help them getting bigger addition in market cap value even circulating less OXT coin supply, as OXT will be offering some discount or coupon to buy VPN in future that will be another game-changing move, as this offer will be based on prices growth and drop of OXT so they need to pay from their pocket, it will be automatically handled by OXT itself.
Update 3rd June 2020: Orchid sees ranking growth in may 2020, as price growth remain steady for straight 3 weeks. right now, orchid experience security issue and it may get fixed in upcoming year.
How Much Orchid Worth in 2025?
Ans: $2 USD
How Much OXT Coin Worth in 2030?
Ans: $8.42 USD
Will OXT Reach $1?
Ans: Yes, Maybe in the 2nd quarter of 2021
Will OXT Reach $100?
Ans: yes, Maybe in 2027 or 2032.
VPN driven by community and real-world users will be solving many traditional VPN problem, however there are thousand of problem people faced while using VPN. Recently, some of VPN provider spotted tracking user data, so OXT with decentralized network and privacy feature gives you privacy on personal user data. however, project is new and some more updation will come in terms user experience and security.