TechFlow reports on March 26 that, according to monitoring by Ai Yi, multiple projects in the crypto market have recently initiated token buyback programs due to "market maker misconduct" incidents. As of now, the buyback progress and price performance of the three major tokens are as follows:
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$GPS: Buyback progress approximately 0%; price has increased by 4.19% since March 23;
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$SHELL: Buyback progress reached 81.12%; price has risen by 8.07% since March 13;
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$MOVE: Buyback progress at 14.31%; price has surged by 31.62% since March 25;
The significant price increase of the MOVE token may be related to its relatively large buyback amount and concentrated operations. It is worth noting that holdings in on-chain buyback addresses do not entirely reflect actual buyback quantities, as project teams might have already completed buybacks but have not yet withdrawn funds from exchanges; therefore, the above data is for reference only.
