BNX token fell more than 50 percent over the past few days.
BinaryX announces a plan to buy back the tokens.
Short sellers have been profiting from the drop in prices.
Crypto gaming platform BinaryX has announced an upcoming recovery plan, stating that it would buy back BNX tokens. The announcement comes after rumors surfaced that the project’s core team was dumping 4 million BNX per hour on Binance.
Our team will buy back $BNX soon and are currently working on the detailed plan. We have NEVER SOLD any $BNX. Because just like Cyber Heroes, we know that as long as we are alive, storms are inevitable and Cyber Heroes will be our invincible weapon to the next victory!
— BinaryX (@binary_x) December 4, 2022
