by: xpoolPosted on:

OKEx Executes Token Burn, Reducing Supply to Push for Higher Values

Crypto exchange OKEx recently conducted a significant token burn of 279 million OKB tokens. This drastic action reduced the total supply by 21 million, a move aimed at boosting the value of the digital asset. While this strategy holds potential, it also comes with the risk of volatility due to speculative trading activity and whale participation.

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