OKB has made headlines by surging over 133% in the last 24 hours, now trading at $106.67 with a market cap of $6.4 billion. This impressive jump comes on the heels of OKX’s remarkable decision to burn over 65 million OKB tokens, a move reminiscent of Bitcoin’s scarcity model. The token burn aims to fix the total supply at 21 million tokens, creating a more attractive investment landscape. Traders and investors are watching closely, eager to see how this scarcity will affect the token’s valuation and market behavior in the short term and beyond.