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OKB Price Surges 129% in a Day, Is a Drop to $103 Imminent?

OKB Price Surges 129% in a Day, Is a Drop to $103 Imminent?

OKB has stunned the crypto market with one of its sharpest rallies to date. The token soared 129.9% in just 24 hours, to mark its foot at a new all-time high of $139.76. However, it has now cooled to around $107.30. The bulls have managed to push its market cap to $6.43 billion and driving 24-hour t…

OKX to burn 65 million of its tokens and cap supply at 21 million, triggering OKB price rally

OKX to burn 65 million of its tokens and cap supply at 21 million, triggering OKB price rally

OKB, the native token of the OKX crypto exchange ecosystem, surged after the exchange announced a tokenomics upgrade.As of 4:10 a.m., Wednesday ET, OKB surged by 170% today to reach $124.The surge in OKB's prices follows OKX's Wednesday announcement of an overhaul of its tokenomics model. The exchan…