In a surprising twist, Open Exchange Token (OX) has seen a big 4.52% price jump in the last day, reaching $0.02244381. This is good news for OX holders, who endured a -16.40% drop in the past week. OX has a supply of 3.9 billion tokens and now holds a market cap of $89,055,311.
If you want to buy or trade OX, you have several options. You can find OX tokens on both decentralized and centralized exchanges. Uniswap V3 (Ethereum) is a popular choice, with the OX/WETH trading pair having a significant $762,307 in trading volume in the last 24 hours. Other notable platforms include Gate.io and Uniswap V3 (Polygon).
Trading Volume Surges by 26.50%
In the past 24 hours, Open Exchange Token (OX) witnessed a substantial 26.50% increase in its daily trading volume, reaching $794,172. This surge hints at a growing interest in OX among cryptocurrency enthusiasts.
All-Time High and Low
OX’s highest price ever was $0.081313, achieved on August 9, 2023, just about two months ago. In contrast, the current price marks a -71.89% drop from that peak. On the flip side, OX hit its all-time low at $0.01024732 on May 31, 2023, approximately four months ago, showing an impressive 123.07% increase from that low point.
Market Cap and Potential Value
The current market capitalization of Open Exchange Token (OX) is $89,055,311, ranking it 248th on CoinGecko’s list. This figure is calculated by multiplying the token’s price by its circulating supply, which is currently at 3.9 billion OX tokens.
Furthermore, the fully diluted valuation (FDV) of OX reaches $225,474,670. This represents the maximum potential market cap if all 9.9 billion OX tokens were in circulation. However, it’s crucial to note that realizing this fully diluted valuation could take several years, depending on OX’s token emission schedule.
Performance and Community Sentiment
Over the past week, OX has experienced a -16.40% price decline, underperforming the broader cryptocurrency market (-2.50%) and similar cryptocurrencies in the Polygon Ecosystem (0.00% change).
Despite recent price fluctuations, the community sentiment towards Open Exchange Token (OX) remains overwhelmingly positive, with more than 100% of users expressing bullish sentiments about the token today.
Summary
Open Exchange Token (OX) has surprised the market with its recent price surge, offering hope for investors following recent declines. As always, potential buyers and traders should conduct thorough research and consider market trends before making investment decisions in the volatile cryptocurrency space.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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