I guessed that Ethereum would boost the sentiment in the altcoin market today, but I didn't expect it to be @star_okx's $OKB that took action. This massive destruction of 60 million tokens has given the market a shot in the arm, allowing many who thought $OKB would become a lost cause to see more potential. Currently, from the announcement analysis, OKX's X Layer will continue to build, and $OKB will serve as gas, but there was no mention of empowering new listings (which is also not allowed from a listing perspective). So I don't quite agree with the group members who simply calculate that $OKB should reach 300+ based on the market cap before and after the destruction. Until further empowerment of $OKB is confirmed, I prefer to treat this opportunity as a sudden positive news event (I already closed my position with a small profit). Unless Star considers letting $OKB follow a micro-strategy route similar to $BNB, that would be interesting. BTW, it’s impressive that there was no insider trading before this big positive news from OKX, according to the K-line. Moreover, this move with $OKB directly boosted the rise of platform tokens like $BNB and $BGB, which is great. Here's a suggestion: @cz_binance, should you consider directly burning $BNB down to just 21 million tokens? The price could shoot up to 5000 😂😂😂.
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