- Elon Musk follows the crypto exchange OKX on Twitter.
- Musk doesn’t follow Binance despite their support during the Twitter acquisition.
- OKX tokens are trading at an increased value of $23.99.
Today, Elon Musk suddenly followed the cryptocurrency exchange OKX, making it the only cryptocurrency trading platform the global leader follows on Twitter. This is surprising, especially because Musk doesn’t follow Binance despite it backing him during his $500 million Twitter acquisition.
Moreover, Musk is not following the Binance CEO, Changpeng Zhao either, who has also demonstrated support towards Musk throughout his purchase of the leading social media platform.
After the news of Musk following OKX went public, OKX’s utility token, OKB shot up to $23.99 from $22.7 in the morning of December 16. Additionally, the EVM-compatible blockchain built on Cosmos, OKX Chain, or OKC’s token, OKT also experienced a growth of 5.92%, trading at the value of $26.90.
Crypto Twitter is speculating that this sudden move from Musk’s end indicates a potential acquisition by the Twitter CEO of the cryptocurrency exchange.
In other news, OKX has recently listed the FLOKI meme coin on the platform, enabling spot trading for FLOKI/USDT and FLOKI/USDC, launching on December 16. However, withdrawals will activate from December 17.
FLOKI belongs to the Floki ecosystem which was named after Elon Musk’s Shiba Inu. Backed by partnerships with major international football clubs and a Formula 1 team, the Floki team allows financial control for users via four key utility offerings including the Valhalla Play2Earn Metaverse NFT Game, FlokiFi DeFi ecosystem, Floki University crypto education platform and FlokiPlaces NFT & Merchandise Marketplace.
Adding on, OKX will also launch year-end APYs and 60-day staking across six popular tokens namely, SHIB, DOGE, BABYDOGE, KISHU, MANA, and DOME, post-December 16.
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