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Orchid's OTX Sees Price Drop Over 20% After Launch On Coinbase Pro

Janelle Fox

Summary: Orchid Labs, the American blockchain and software development firm, has seen their native token OTX drop 20% since being launched on United States-based cryptocurrency exchange Coinbase Pro. The OTX was made immediately available on Dec. 16 and has fallen over 20% since its launch. The coin is at press time was down 25% in the past ...

Orchid Labs, the American blockchain and software development firm, has seen their native token OTX drop 20% since being launched on United States-based cryptocurrency exchange Coinbase Pro.

The OTX was made immediately available on Dec. 16 and has fallen over 20% since its launch. The coin is at press time was down 25% in the past 24 hours. The OTX digital currency was token launched as a native token alongside the Orchid’s decentralized virtual private network (VPN). The coin was designed to support the network and is used to buy and sell VPN services or provide bandwidth in the Orchid marketplace.

By Janelle Fox

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