Twitter Suspends OPNX Exchange Account, FLEX Plunges 13%

DailyCoin

Published Apr 06, 2023 12:17PM ET

Updated Apr 06, 2023 12:30PM ET

Twitter Suspends OPNX Exchange Account, FLEX Plunges 13%

  • The new crypto exchange OPNX recorded $13.64 in trading volume.
  • Twitter takes down OPNX's official account, native token FLEX drops 13%
  • OPNX CEO Leslie Lamb addresses the "lack of liquidity" one day after launch.
Su Zhu and Kyle Davies, the two infamous founders of the bankrupt crypto hedge fund Three Arrows Capital (3AC), will have to try harder to convince the public to join their new tokenized debt-focused crypto exchange.

Launched just yesterday, OPNX (Open Exchange) went through an absolute fiasco as the trading volume across the whole platform totaled just $13.64. On top of that, the platform’s native token Flex Coin (NASDAQ:FLEX) plunged by 13% and now trades at just $1.78, exiting the TOP 200 by global market cap, according to CoinGecko. As if that wasn't...

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