Some early KOLs have taken profits, but that's not the main story here. What matters is the community momentum building behind this token. The project committed to using 100% of protocol fees for buybacks, which is a solid tokenomics move. This kind of deflationary pressure can support the price floor when most projects abandon theirs mid-cycle.

Initial volatility after launch is normal—it separates weak hands from committed holders. Those who panic at the first dip usually regret it later. The real test comes in the next phase: can the community sustain engagement and can the buyback mechanism actually reduce circulating supply? Watch the on-chain metrics over the next few weeks to see if this project has real staying power or if it's just hype.