RootData: OX.FUN token (OX) has increased by over 37% in 24 hours

ChainCatcher news, according to RootData, the project OX.FUN (OX), ranked 11 in the "Web3 Popular Projects Ranking," has seen a 24-hour increase of over 37%, currently priced at $0.005618.

According to RootData, OX.FUN is a platform for trading cryptocurrency derivatives. Using the platform token OX as collateral, it employs a dual-token model mechanism that allows trading users to earn token rewards regardless of profit or loss, providing a gamified trading experience. The project was founded by Kyle Davies and Su Zhu, co-founders of Three Arrows Capital.

It is reported that RootData has launched the first "Web3 Popular Projects Ranking." This popularity ranking helps users capture the real pulse of attention by analyzing 4.3 million real user behavior data points, improving the accuracy of user investment decisions. The ranking is calculated in real-time based on weighted factors such as the frequency of searches by platform users, project click rates, user votes, and the popularity and influence on the X platform.