Aggressive GPS Token Buyback Continues: 89 Million Tokens Repurchased in Just Five Days
A bold move that has captured the attention of the cryptocurrency community sees the repurchase of GPS tokens accelerate as the project’s address increasingly accumulates more tokens. In the past hour alone, two significant transactions took place, further demonstrating the project’s commitment to reducing the circulating supply of its native token, potentially boosting its value. Recent Buyback Transactions Reflect Growing Confidence Merely sixty minutes ago, the repurchase address made an impressive withdrawal of 30 million GPS tokens from Binance, accruing to about $802,000. But this was not the endpoint of the buying spree. Just 47 minutes after that initial withdrawal, another substantial sum was indeed withdrawn: 24.11 million GPS tokens (roughly $637,000) were once again pulled from Binance. Note well the timing and frequency of these buybacks: it all indicates a strategic play to take large sums of the GPS […]