In a dramatic 15-minute window from 8:00 to 8:15 UTC+8, the price of OKB, the native token of the second-largest offshore exchange OKX, experienced a sharp decline from $40 to a low of $30 before quickly rebounding to normal levels. This rapid fluctuation left many traders and analysts searching for […]
Tag: okb
OKEx Conducts 24th OKB Buy-Back And Burn, Receiving 5.73M OKB Worth $259M
In the ongoing 24th burn event, OKEx’s OKB Buy-Back and Burn wallet has received 5.73 million OKB tokens, valued at approximately $259 million, in the past two hours. Since May 15, 2019, the OKX team has repurchased a total of 97.92 million OKB, now worth $4.42 billion, conducting these burns […]
OKB Token Rebounds 4.5% To $61 Amidst Record Buyback And Burning
The OKB token, issued by the OKX blockchain foundation, has shown resilience today, experiencing a 4.5% recovery and reaching the $61 mark. On March 16, OKX executed its 23rd OKB Buyback and burning, marking yet another milestone in its journey. The buyback resulted in approximately 11.48 million OKB tokens being […]
OKB Faces Significant Over 50% Price Decline: OKX Platform Responds
The native token of the OKX platform, OKB, experienced a sudden and substantial drop in value on January 23. Plummeting from $52 to $25 before stabilizing, this abrupt decline underscores the inherent volatility of the cryptocurrency market, sparking concerns about its stability and the factors contributing to such rapid price […]