Before diving in, We want to clarify that this is not a trading idea.
We've compiled data on 109 projects that conduct buybacks, including their cumulative buyback, buyback rate, revenue, and other related metrics.
Tl;dr
Buybacks are not wrong. However, there are two unresolved challenges:
1. At a market level, self-cleansing mechanism is needed to correct the current environment that fuels the “token is useless” narrative.
2. Revenue must grow to a point where Buybacks > Token Unlocks, so that projects can withstand persistent downside pressure.
✖️ See Details @Layergg
#Buyback #Hype #BNB #JUP #HNT
