OKX surged by over 11% in a short period of time due to the news that it would destroy 65,256,712.097 OKB.

This article is machine translated
Show original

On August 13, according to official sources, OKX will conduct a one-time destruction of historical repurchases and 65,256,712.097 reserved OKB, and will switch to using a smart contract to automatically destroy all OKB transferred to the black hole address. After this operation, manual OKB destruction will stop, and the total issuance of OKB will be fixed at 21 million.

Influenced by this news, OKX rose by over 11% in a short time, currently trading at $52.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments