The most关注的 Meme coin issuance platform on the SOL ecosystem has been making frequent moves recently. This time, they spent nearly 7,958.42 SOL (equivalent to approximately 972,000 USD in RMB) to buy back tokens, acquiring 530.2 million tokens in one go.
To gauge how aggressive this buyback is, just look at these numbers. Since officially launching the buyback plan in mid-July this year, the platform has投入 around 222 million USD to do this, directly reducing the circulating supply of tokens by 16.085%. This is considered a significant move in the Meme coin track—after all, most projects are not short of liquidity, but lack real cash backing.
This continuous buyback mechanism, in simple terms, is sending a signal to the market: the project team has confidence in their tokens and is taking concrete actions to maintain the fundamentals.
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GamefiHarvester
· 5h ago
Hmm... this buyback definitely spent a lot of money, but I just can't quite believe it.
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DeFiGrayling
· 12-29 03:55
This move is quite aggressive, pouring real money into it, unlike some projects that only shout slogans.
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BrokenYield
· 12-29 03:51
ngl, 16% supply reduction sounds nice on paper but let's talk about the real correlation matrix here... massive buybacks usually mean they're desperately propping up price support before the liquidity crisis hits. seen this exact pattern before every major crash
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SingleForYears
· 12-29 03:51
This time the buyback effort is really intense; reducing the circulating supply by 16% is no joke.
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SnapshotStriker
· 12-29 03:50
220 million spent just to cut down circulation? This move is really generous, even more ruthless than me.
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NFTRegretful
· 12-29 03:48
Putting real money into it—that's what I call sincerity.
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OnChain_Detective
· 12-29 03:33
yo hold up... 222M dumped into buybacks? let me pull the wallet data on this one...
The most关注的 Meme coin issuance platform on the SOL ecosystem has been making frequent moves recently. This time, they spent nearly 7,958.42 SOL (equivalent to approximately 972,000 USD in RMB) to buy back tokens, acquiring 530.2 million tokens in one go.
To gauge how aggressive this buyback is, just look at these numbers. Since officially launching the buyback plan in mid-July this year, the platform has投入 around 222 million USD to do this, directly reducing the circulating supply of tokens by 16.085%. This is considered a significant move in the Meme coin track—after all, most projects are not short of liquidity, but lack real cash backing.
This continuous buyback mechanism, in simple terms, is sending a signal to the market: the project team has confidence in their tokens and is taking concrete actions to maintain the fundamentals.