The number of wallets holding OX tokens is less than 2,000, which is significantly lower than other tokens with similar market capitalizations. The tokens linked to the new crypto exchange OPNX, FLEX and OX, experienced a surge in price due to increased social activity and interest from investors. However, the trading volumes for these tokens were relatively low, with just $3 million worth of OX traded on Uniswap in the past 24 hours. The number of unique wallets holding OX tokens is only 1,700, despite its market capitalization of over $105 million. In comparison, other projects with similar capitalization have a much higher number of token holders. The founders of OPNX, Su Zhu and Kyle Davies, were previously involved in the failed crypto fund Three Arrows Capital. OPNX has faced challenges in terms of low volumes and a lack of trust from market participants.
Continue reading on Bitcoin.com
