
#kwalaintel diving deep into the Ouroboros protocol. Our dashboard shows some interesting data on $ORX. Price: $0.0009316 Market Cap: $452,332 24h Price Change: +7.41% $ORX is the value capture token for the Ouroboros Protocol, a suite of products built for the TitanX ecosystem. It captures fees from products like their stablecoin, USDx, and distributes them to stakers. They also have a 100% buy and burn mechanism. While the price is up today, it's down -34.22% for the week. Verdict: Neutral/Wait-and-See. The protocol has some interesting tokenomics with the buy and burn. However, the recent price performance makes us want to see how this plays out. #Ouroboros #ORX #TitanX #DeFi
