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Today, there haven't been any major waves in the circle, but the OG fan token sector suddenly popped up. Looking at the candlestick chart, there's a big bullish candle standing there, with the price already pushing close to 3.221, and over the past 24 hours, it’s gained nearly 20%. For OG, which usually doesn’t fluctuate much, this is quite a big move.
I also checked the on-chain records, and sure enough, it’s the old routine—burning. Just yesterday (April 14), the project team burned exactly 1 million OG tokens on XPRNetwork as per usual. This has become a regular move—burning once a month without fail, and the next burn date is set for May 12.
Basically, this kind of move, in our view, is like the market operator showing their hand. The total supply decreases, and even if demand doesn’t increase, a lighter market cap makes it easier to push prices up. Looking at the trading volume, this rally isn’t just empty talk; the 24-hour trading volume is approaching $20 million, and the volume bars below are noticeably thicker than a few days ago. The MACD is also showing a bullish crossover at a low level. As long as you’re not chasing at the very top, there’s a good chance to grab some profit and enjoy the ride.
As for why it suddenly gained momentum, besides the burn as a catalyst, there are some plans in the works. Rumor has it they’re aiming to develop VIP products and services, and also to connect with some enterprise applications. Although these benefits haven’t materialized yet, that’s the usual pattern—speculate first, implement later.
But let’s be honest upfront—there’s no such thing as only rising in this circle. Some community members are also murmuring that fan tokens have poor sustainability, and sometimes the trading looks suspicious, like big players are manipulating both sides. That’s true—OG rises sharply, and when it pulls back, it’s not subtle either. Since we know it’s the “monthly scheduled rally” type, the strategy is simple: either wait on the sidelines for the right moment or don’t chase high during the peak.
Anyway, if you’re holding or watching OG, mark the date of May 12th in your calendar. In this sluggish environment, having a coin that can deliver on schedule is better than those that just pretend to be dead. $OG #OG #美军封锁霍尔木兹海峡