OKX just lit the match on one of the biggest supply shocks in recent crypto history, 65m $OKB gone in a single burn, locking total supply at 21m forever.
The market went wild, doubling the price in under an hour before reality pulled it back.
But this isn’t just about scarcity. It’s a full reset of OKX’s game plan:
+ @XLayerOfficial, now running on Polygon’s latest tech, claims 5k TPS and gas fees close to zero.
+ DeFi, global payments, and tokenized real-world assets move to the center of the roadmap.
+ OKTChain gets sunsetted, its tokens absorbed into OKB.
+ Ethereum support for OKB is on the way out, X Layer will be the only arena.
It’s bold. It’s risky tbh. Consolidating everything onto one chain and one token could create unmatched focus, or leave OKX more exposed than ever.
This burn wasn’t just about supply, it was a signal: the exchange is betting the house on X Layer.
Eli5DeFi
@eli5_defi
OKX just pulled off crypto's biggest power move - burning $7.6 billion worth of OKB tokens overnight!
This strategical move is creating scarcity to boost value, streamline the ecosystem, and make OKB the sole gas token for the upgraded @XLayerOfficial.
TL;DR of The Event:
➤
missed $OKB pump completely ngl
Same here. By the time I looked, it already hit terminal velocity. 🤣
haha more crime pump like it will happen soon
Aggressive move fr
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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