$OGN
There’s one specific factor about Origin Protocol worth noting: its token buyback mechanism, funded by protocol revenue.
📊 According to the official report dated October 1, another 2.6 million OGN were bought back in September. The total has reached 114 million tokens, or 16.5% of the circulating supply.
⚡ At the same time, activity in the futures market has surged. This could amplify the price move, but it also raises the risk of a sharp pullback.
What’s next? The key question isn’t how high OGN has already soared, but whether it can hold its new levels and whether buying demand will persist.
The fundamentals are there. But the staying power of the current momentum is yet to be tested.
#OGN
There’s one specific factor about Origin Protocol worth noting: its token buyback mechanism, funded by protocol revenue.
📊 According to the official report dated October 1, another 2.6 million OGN were bought back in September. The total has reached 114 million tokens, or 16.5% of the circulating supply.
⚡ At the same time, activity in the futures market has surged. This could amplify the price move, but it also raises the risk of a sharp pullback.
What’s next? The key question isn’t how high OGN has already soared, but whether it can hold its new levels and whether buying demand will persist.
The fundamentals are there. But the staying power of the current momentum is yet to be tested.
#OGN