I guessed that Ethereum would boost the sentiment of the altcoin market today, but I didn't expect it to be initiated by #OKB .
This massive destruction of 60 million tokens has injected a strong dose of confidence into the market, giving much more room for imagination for OKB, which many had thought would become a discarded token.
Currently, from the announcement analysis, OKX's X Layer will continue to build, and OKB will serve as Gas, with no mention of enabling new listings (which also isn't allowed from a listing perspective).
Therefore, I do not agree with the group members who simply calculate that the market value before and after the destruction suggests that $OKB should reach 300+. Before further enabling of $OKB is confirmed, I prefer to treat this opportunity as a sudden positive development (I have already closed my position with a small profit).
Unless Star considers allowing $OKB to follow a similar micro-strategy approach as $BNB, that would be interesting.
BTW, it's impressive that there was no insider trading despite such a significant positive news before the Okx announcement, kudos to that.
Moreover, this time, OKB's actions have directly driven up the platform token sectors such as $BNB and $BGB, which is great.