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OKX Implements Major OKB Token Burn, Boosting Value by 170%

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OKB TokenCryptocurrency

Updated a few seconds ago

OKX Implements Major OKB Token Burn, Boosting Value by 170%

OKX has executed a historic burn of 93% of its OKB token supply, reducing it to 21 million tokens. This unprecedented deflationary measure has led to a 170% surge in OKB's value, reflecting strong market confidence and raising questions about future market dynamics.

Crypto News19 hours ago

OKX cuts OKB supply to 21m in $26b token burn

PositiveCryptocurrency

OKX has drastically reduced the supply of its OKB token by burning 93% of it, totaling 21 million tokens. This unprecedented move is the largest deflationary action by a major exchange, raising questions among traders about future implications.

Editor’s Note: This significant token burn by OKX is a bold strategy that could reshape the market dynamics for OKB and influence trader sentiment. It highlights the exchange's commitment to enhancing the value of its token and could set a precedent for other exchanges.

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via Crypto News

Crypto Briefing3 days ago

OKB jumps 170% after OKX unveils tokenomics upgrade with 65M token burn

PositiveCryptocurrency

OKB's value surged by 170% following OKX's announcement of a tokenomics upgrade and a significant token burn, indicating strong market confidence.

Editor’s Note: This matters as it reflects how strategic changes in token management can significantly influence market confidence and investment behavior.

Read full article

via Crypto Briefing

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OKX Implements Major OKB Token Burn, Boosting Value by 170%

Why World Pulse Now?

Global Coverage

Emotional Lens

Trending Stories

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Multi-Language

Save for Later

Live Stats

Mobile App

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Why World Pulse Now?

Global Coverage

Emotional Lens

Trending Stories

Read Less, Know More

Multi-Language

Save for Later

Live Stats

Mobile App

1-Minute Daily Briefing