Deep Analysis | Long term Investment Value Analysis of the Three Platform Coins BNB, HT, and OKB

Coin An, Huo Coin, and OK are the three well-known digital currency exchanges among the public, ranking in the top ten globally. These three major exchanges almost occupy the monopoly position of Chinese digital currency trading

Coin An, Huo Coin, and OK are the three well-known digital currency exchanges among the public, ranking in the top ten globally. These three major exchanges almost occupy the monopoly position of Chinese digital currency trading.

The three major investment platforms are almost evenly matched in terms of strategy, trading, and other aspects. The platform currencies BNB, HT, and OKB launched by three exchanges are also the focus of investors' attention. Today, I will delve into the long-term investment value of the three major platform currencies.

1 The intrinsic value and data reflection of the three major platform currencies

1. The Value of the Three Platform Coins

The platform currencies of the three major exchanges largely possess the characteristics of a company's stock. The three major platforms regularly distribute dividends directly or indirectly based on the number of platform coins held by the holders. Therefore, the investment value of platform currency is closely related to the comprehensive strength and operational status of the three major exchanges.

2. Market value of the three major platform currencies

Market value is a simple and straightforward way to measure the comprehensive strength and market recognition of a variety. As of the time of writing, BNB has a total market value of $2.7 billion, OKB has a total market value of $672 million, and HT has a total market value of $140 million. BNB is the strongest among the three, followed by OKB, and HT is the weakest.

3. Operation status of the three major exchanges

The core business of an exchange is trading. Therefore, trading volume is a key indicator to measure the operational status of an exchange's business. I selected the trading volume of the past 30 days as a reference. As of the time of writing, in the past 30 days, the trading volume of Coin An was $31.7 billion, OK's trading volume was $26.7 billion, and Huo Coin's trading volume was $20.9 billion. Coin security is the highest, followed by OK, and Huo currency is the lowest.

4. Price to earnings ratio of the three major platform currencies

P/E ratio is a concept in the stock market used to evaluate whether the price of a stock is reasonable. Exchange is currently one of the few profitable industries in the blockchain industry, so I also use the P/E ratio to check the current prices of three platform currencies.

As of the time of writing, BNB's P/E ratio is 265%, HT is 201%, and OKB is 196%. BNB is the highest and OKB is the lowest, but the difference between the three is not significant.

2 Core teams and development status of the three major platforms

1. Core teams of the three major exchanges

The above analysis is quantitative analysis using data. But investment, especially long-term investments, often depends on things beyond data. The most important thing beyond this data is the operational team of an enterprise, the values and aura of its core figures.

No team is perfect, but if a team has fatal problems and distorted values, the enterprise will definitely not be able to establish a long-term foothold in an industry.

From this perspective, there is no doubt that the performance of the Coin Security team is the best among these three platforms. The complementarity of personality and expertise between Zhao Changpeng and He 1-2 is the biggest asset of the Coin An team and the key to Coin An's stable top position.

And OK is the most vigilant of the three. OK Group has repeatedly exposed negative news of contract breaches. The instability of the OK team and the departure of core personnel have also been heard in the industry. The two founders of Coin An both ran away from OK. These long-term unresolved chronic diseases will definitely affect the stable development of OK in the future.

2. Development status of the three major exchanges

The three major exchanges have always been leading the way in terms of market strategy and promotion, with Yuanan Yaoyao leading the way. Whether it is the issuance of platform coins, the launch of public chains, the planning of decentralized exchanges, or the introduction of IEO, Coin Security has always been in a preemptive position. The entire team is quite creative in market planning and development.

Huo Coin and OK are completely in a following state, and the rhythm of every step towards Coin An follows suit. I believe that for a considerable period of time in the future, the advantage of Coin An will still be maintained, which is fundamentally due to the cooperation and strength of the Coin An team.

3 Subsequent trends of the three major platform currencies

1. The subsequent trend of BNB

Let's take a look at the trend chart of BNB since its issuance.

Since its issuance in July 2017, BNB has risen from $0.1 at the beginning to a peak of $22.5 at the end of 2017, and dropped to a minimum of around $4.5 in December 2018. Subsequently, it has risen all the way up to nearly $20 so far.

From the trend chart alone, BNB has not yet fallen below its initial price in the current bear market, indicating its inherent strength. $16.5 is a significant pressure level before it once again heads towards its previous high of $22.5. At present, BNB has broken through this pressure level and the trading volume is high. If there are no surprises, there should be little resistance to continue climbing to $22.5.

Once BNB breaks through $22.5, it will open up upward space.

BNB's current total market value has reached $2.7 billion, ranking 7th. If it doubles its current value, it will surpass EOS, and if it increases by another 5 times, it will surpass Ripple, ranking 3rd, and reach Ethereum, ranking 2nd. In the short term, the possibility is very small.

Therefore, without the outbreak of the next wave of overall digital currency market, BNB's short-term upward space will be quite limited.

BNB may also step back at $16.5 due to bearish news. Friends who are chasing high in the short term should pay attention to the risks.

2. Subsequent trends of OKB

Let's take a look at the trend chart of OKB since its release.

Since its issuance in March 2018, OKB has rapidly dropped from $1 at the beginning to below $1, and then peaked at $5.35 in June 2018. From November 2018 to March 2019, it hovered within the issuance price of $1 for the entire four months, reaching a minimum of $0.58. Now, stimulated by the IEO, it has risen to around $2.3.

From the trend chart, $3.8 is a significant pressure level before it once again heads towards the previous high of $5.35. If this pressure level cannot be broken, it may fall back or even below $1 again.

Once OKB breaks through $5.35, it will open up uplink space.

At present, OKB's total market value has reached 620 million US dollars, ranking 21st. If it doubles its market value on the current basis, it will surpass Monroe, and if it increases by another five times, it will surpass BNB ranked 7th and approach EOS ranked 6th. In the short term, the possibility is very small.

Therefore, without the outbreak of the next wave of overall digital currency market, OKB's short-term upward space will be quite limited.

3. Subsequent trends of HT

Let's take a look at the trend chart of HT since its release.

Since its issuance in February 2018, HT has risen from $1.5 at the beginning of the issuance to nearly $6 at its peak in June 2018, and dropped to below $1 in January 2019. Subsequently, it has continued to rise to nearly $3, without encountering significant resistance along the way.

From the trend chart, it can be seen that HT has currently broken through the pressure level of $2.3 and will fluctuate between $3 and $5 in the future. If it can break through the previous high of $5.97, it will open up upward space. During this period, it is highly likely to repeatedly step back on the $2.3 line.

At present, HT's total market value is 140 million US dollars, ranking 54th. If we double the current level, it will be close to the market value of quantum chains, and a 5-fold increase will surpass ONT, ranking 17th, and reach the market value of NEO, ranking 16th. Therefore, there is a possibility of a short-term bullish increase of one time, but the possibility of a rise of more than five times is quite small.

Therefore, without the next wave of major market forces to trigger the outbreak of the overall digital currency market, HT's short-term upward space will also be quite limited.

HT may also step back at $2.3 due to bearish news. Friends who are chasing high in the short term should pay attention to the risks.

4 Comparison of Investment Values and Investment Suggestions of Three Major Platform Coins

From the current price and market value, there is no doubt that the growth potential of the three major platform currencies is already quite limited in the short term, and if there is any bearish news, all three platform currencies may step back on the previous pressure line. Friends who speculate and engage in short-term operations should pay attention to risks.

In the long run, the next upward trend of the three major platform currencies will largely depend on the overall market trend. I have always been optimistic about the future of digital currencies, so when the next round of digital currency bull market arrives, the upward space of the three major platform currencies will once again open up.

From a risk perspective, among the three major platform currencies, OK has the most internal problems and unstable factors. Therefore, I believe that OK has the highest long-term risk, while Coin An has the lowest risk.

Therefore, in terms of comprehensive risk and return, among the three major platform currencies, I prefer BNB, followed by HT, and finally OKB.

For BNB, friends who make regular investments can allocate more funds between $4.5 and $10 for regular investments; Allocate less funds for fixed investment within the range of $10 to $16.5; Control the funding and frequency of regular investments above $16.5, and even stop regular investments.

For HT, friends who make regular investments can allocate more funds for regular investments below $1.5; Allocate less funds between $1.5 and $2.3 for fixed investment; Control the funding and frequency of regular investments above $2.3, and even stop regular investments.

For OKB, friends who make regular investments can allocate more funds for regular investments below $1; Allocate less funds between $1 and $3.8 for fixed investment; Control the funding and frequency of regular investments above $3.8, and even stop regular investments.

(Author: Tao said that blockchain, the content comes from the open platform of the content obtained by the chain; this article only represents the author's point of view, not the official position of the chain obtained)