Aevo Token’s 90% Decline Sparks Critique From OKX Founder Star Xu

Star Xu, the founder of the major crypto exchange OKX, raises alarms about the frequent sell-offs of newly listed altcoins. Specifically, he points to the drastic decline of the Aevo token, which fell from a high of nearly $4 in March 2024 to a current value of $0.434. This represents a dramatic 90% drop in value in just five months. Aevo Announces Buyback to Create Long-Term Value... source: https://beincrypto.com/altcoin-decline-critique-okx-founder/