Gate.io News bot message: According to Etherscan data, OX FUN: Treasury minted 5.593 billion OX Tokens 3 days ago, worth approximately $11.2 million. This minting increased the total supply of OX Tokens by 131% from the original level, reaching 9.857 billion.
According to the data, this batch of newly minted Tokens is currently still stored in OX FUN: Treasury and has not been put into market circulation. The price of OX remains at the original level.
The OX FUN project was founded by Su Zhu, the former founder of Three Arrows Capital (3AC). The OX FUN official has not yet released any statements regarding this token minting event. Source: @oliversgriff.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.