1inch Team Executes Strategic Token Buyback, Accumulates 34.7M 1INCH

Spread the love

The 1inch team has been strategically maneuvering within the crypto market, recently executing a significant buyback of its 1INCH token. According to recent data, the team spent 1.751 million USDC to repurchase 7.961 million 1INCH tokens at an average price of $0.22. This buyback is part of a broader strategy that began on July 5, 2024, during which the team has invested a total of $5.5 million in USDC and USDT to purchase 22.45 million 1INCH tokens at an average price of $0.245, capitalizing on market lows. This calculated approach follows a period between March 1, 2023, and January 14,

The post 1inch Team Executes Strategic Token Buyback, Accumulates 34.7M 1INCH appeared first on The Merkle News.

Go to Source

You have not selected any currencies to display