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OKX's Strategic Token Burn and Manchester City Partnership Boosts Its Position in the Crypto Market

OKX, a top global cryptocurrency exchange, is taking advantage of the legal troubles faced by rival exchange Binance to attract new investors and traders. OKX's decision to burn over $258 million worth of its native tokens, OKB, between March and May has resulted in a surge in the token's value and raised its market cap to over $2.6 billion.

In addition, OKX has amplified its brand visibility through a strategic partnership with Manchester City Football Club and is slated to open a new office in Turkey soon, reinforcing its commitment to the Turkish market. These moves position OKX to solidify its position in the competitive digital currency landscape.

OKB OKB $53.24
-1.09%
OKX Binance
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