OKB Double As OKX Launch Dem Record Burn and Monthly Buybacks
OKX own token OKB don double plus in value after di exchange do one record $7.6 billion token burn, wey clear 65.26 million OKB and cut the circulating supply to 21 million. This deflationary move mirror Binance own BNB burns and push OKB from $46 to peak $142 before e stabilize around $102, while trading volume jump 13,000% to $723 million. After this success, OKX don launch new supply reduction program wey get monthly OKB burns and strategic buybacks to tighten liquidity and support long-term price stability. The exchange also plan to migrate OKB go their X Layer blockchain, wey go give faster transactions and lower gas fees, and e go allow Ethereum-based OKB holders redeem tokens for native X Layer OKB. Market players don respond with correct bullish sentiment, talk say ongoing supply constraints and OKX deflationary strategy na the main drivers for OKB demand in the future.
Bullish
OKB’s record $7.6 billion burn plus announcement say dem go dey do monthly burns and strategic buybacks make supply tight well well and e create token model wey dey reduce supply. History show say similar tins dem like BNB burns dey cause quick price rise plus high trading volume, like how OKB price jump 200% and volume spike reach 13,000%. Short term, di quick commot 65.26 million tokens halve supply and make price shoot up sharp sharp. Long term, di promise to dey reduce supply steady via burns and buybacks, plus di move go X Layer wey faster and cheaper transaction, go keep demand strong and price stable. All dis tins together dey make market dey bullish well well and e fit mean OKB price go still dey go up.