Strong update on Origin Protocol ($OGN) for September 🚨
Origin Protocol announced its monthly report for token holders, which showed positive figures that strengthen the token’s investment value:
Record trading volume: The cumulative trading volume of multi-asset WETH ARM surpassed $220 million during its first full month since launch.
Intensive buybacks: Cumulative buybacks of $OGN reached approximately 114 million tokens in September.
📊 Impact on price movements and fundamental analysis:
Reduced circulating supply (Deflationary Pressure): Ongoing buybacks reduce the supply available in the market, creating buying pressure that supports price increases over the medium and long term.
Growing activity and liquidity: Trading volume reaching $220M reflects genuine interest in and adoption of the WETH ARM protocol, increasing project revenue and boosting confidence in it.
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$OGN