Orchid (OXT) is the native token of the Orchid Protocol, a decentralized, pay‑as‑you‑go VPN aiming to overcome internet‑freedom limitations with peer‑to‑peer bandwidth payments.
The token is trading very low — around $0.016–$0.018 USD recently — far below its all‑time high near $1.02, underscoring prolonged weakness in small‑cap Web3 projects.
Orchid’s market cap sits modestly in the low tens of millions with almost 1 billion tokens circulating, making price sensitive to liquidity and sentiment.
Price action reflects broader crypto risk‑off behavior with speculative interest muted, though occasional stimulus can come from short‑term trading flows.
OXT’s utility remains tied to decentralized privacy services, but adoption has been slow relative to larger DeFi and infrastructure coins.
Technical outlook remains uncertain — support near recent lows may hold unless wider markets strengthen.
@Orchid $OXT #oxtcoin #oxt