• Twitter has suspended OPNX’s account, resulting in a 13% plunge in the FLEX token.
• OPNX reported $13.64 of trading volume since its launch.
• The incident took place on April 6th, 2023 at 2:47 PM GMT.
Twitter Suspends OPNX Exchange Account
Twitter has temporarily suspended the account of crypto exchange OPNX, resulting in a significant drop of 13% in the price of its native FLEX token. The incident occurred on April 6th, 2023 at 2:47 PM GMT.
OPNX Reports Trading Volume
Since launching, OPNX reported a total trading volume of $13.64 across all available digital assets listed on the platform.
Flex Plunges 13%
As a result of Twitter suspending OPNX’s account, the price of FLEX plummeted by 13%. This led to investors and traders selling off their holdings en masse, leading to further decline in prices for the asset and considerable losses for those who held it before this news broke out.
Investors Bear Losses
The suspension caused many investors to suffer losses due to this sudden plunge in prices for FLEX tokens that they were holding onto prior to this event taking place. This highlights how quickly markets can change and how important it is for traders and investors alike to monitor developments closely and act accordingly when required to do so.
Conclusion
In conclusion, Twitter’s suspension of OPNX’s account caused a dramatic decline in prices for its native token FLEX resulting in significant losses for many investors who had bought into it prior to this development occurring. It is essential that traders remain vigilant when it comes to monitoring changes within cryptocurrency markets and act quickly when necessary if they are looking to minimize potential losses from investments made during such volatile periods within the industry as a whole
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