After an extraordinary 177% weekly surge, OKB has experienced an 11.8% pullback, stabilizing around $184. This correction follows a significant token burn that permanently capped supply at 21 million tokens and the launch of the X Layer zkEVM blockchain. OKB now serves as the exclusive gas token for OKX's expanding ecosystem. While technical indicators show consolidation, strong mid-term support levels and institutional expansion plans hint at a sustainable foundation forming for future growth.
Continue to read OKB Token Retraces After Historic Gains: Setting the Stage for Sustainable Growth
After an extraordinary 177% weekly surge, OKB has experienced an 11.8% pullback, stabilizing around $184. This correction follows a significant token burn that permanently capped supply at 21 million tokens and the launch of the X Layer zkEVM blockchain. OKB now serves as the exclusive gas token for OKX's expanding ecosystem. While technical indicators show consolidation, strong mid-term support levels and institutional expansion plans hint at a sustainable foundation forming for future growth.
Continue to read OKB Token Retraces After Historic Gains: Setting the Stage for Sustainable Growth
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