Although we knew at the beginning of the year that OKX was planning to go public, it’s actually a long-term thing and doesn’t really impact its own platform token much. There’s barely any hype around OKB, and its volatility is pretty low. But recently, OKB has seen quite a bit of token burn—50 million tokens destroyed. In another three months, if they burn another 30 million, there’ll only be 50 million OKB left in circulation. They’ve already canceled fee discounts and similar perks, so retail users probably won’t be motivated to buy OKB anymore. Looks like OKX is really set on going public. I might just grab some OKB as a lottery ticket. If the IPO goes through according to schedule, it’ll likely be next year, and there’ll still be people speculating on OKB.

If OKX is successfully listed, it may reshape the centralized exchange landscape. OKB's short-term fluctuations will not change its long-term potential.