The OKT token has grown by 80% in 24 hours

The OKT token has grown by 80% in 24 hours

user avatar

by Max Nevskyi

3 years ago

The OKX Chain ecosystem token showed an increase of 80% in just one day, while reaching a nine-month high of $27.

OKX Chain, a platform that supports the OKT token and is part of the ecosystem, operates at the first-generation blockchain level and is closely integrated with the OKX exchange.

The main factor contributing to the growth is related to the recent launch of Inscriptions NFT. Inscriptions is an in-house NFT ecosystem based on the OKX Chain, reminiscent of the NFT Ordinals typical of the Bitcoin network.

The launch of Inscriptions led to a significant increase in activity on the OKX Chain network, where the number of transactions increased by an impressive 18,000% over the past week, reaching a level of 7.2 million transactions by December 8.

It should not be forgotten that OKX Chain is compatible with EVM (Ethereum Virtual Machine), which also contributes to an increase in activity in other networks such as TON, Near and Polygon, thanks to the introduction of Inscriptions.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Apex Group Joins Hedera Council to Enhance Governance in Digital Assets

Apex Group has joined the Hedera Council to enhance governance in digital assets and explore tokenization initiatives.

user avatarZainab Kamara

American Securities Association Raises Concerns for Retail Investors in CFTC Case

The American Securities Association (ASA) has filed a motion in federal court emphasizing the potential harm to retail investors in the ongoing legal battle over single-stock perpetuals.

user avatarSon Min-ho

PNC Bank Introduces Pilot Program for USDC Payments

PNC Bank has launched a pilot program for eligible clients to receive Ethereum-based USDC payments, automatically converted to US dollars.

user avatarAyman Ben Youssef

Circle and Global Citizen to Implement USDC Payments for Move Afrika Vendors

Circle and Global Citizen announce a partnership to implement USDC payments for vendors involved in the Move Afrika initiative, starting in Rwanda in 2027.

user avatarTando Nkube

Fold Focuses on Customer Retention with New Products

Fold focuses on customer retention and balances with new products like Fold Reserve and Lead Bank spending accounts.

user avatarNguyen Van Long

Onramp Introduces New Business Bitcoin Account with Enhanced Security Features

Onramp has launched a new business Bitcoin account focusing on security and governance, supporting up to three named users and role-based permissions.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.