EddieJayonCrypto

 26 Dec 23

tl;dr

OKX CEO Jay Hao has been urged to list more BTC ordinals as the market cap of BRC-20 tokens has surged by 30% in a single day. However, he has decided against this move, stating that it would "destroy the market." Hao outlined the five principles that OKX uses to decide whether or not to list a cryp...

OKX CEO Jay Hao is under pressure to add more BTC ordinals as the market cap of BRC-20 tokens has surged by 30% in a single day. However, he has decided against this move, stating that it would "destroy the market." Hao outlined the five principles that OKX uses to decide whether or not to list a crypto product, emphasizing the importance of blockchain technology, community popularity, long-term builders, legal and compliance review, and research-based project selection. The total market cap of BRC-20 tokens has increased by 33.8% in the last 24 hours, reaching $2.2 billion, while Bitcoin is currently trading at $43,654.

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