LUMIA buyback price is just $0.09! LUMIA breaks above $0.10—beware of buying in at the top and getting stuck holding tokens whose buyback has already been approved by vote!
LUMIA surges 33.44% to $0.10867, with 24-hour trading volume skyrocketing more than 20-fold to $64 million!
Here’s what really happened:
1. Hype around an old proposal: Governance proposal LGP-01 was already approved by vote on October 2 (to buy back the remaining HyperNode rewards at 0.09 USDT).
2. The arbitrage has flipped: The current market price of $0.109 is now significantly higher than the official $0.09 buyback offer! No new execution announcement was issued today.
Conclusion: Buyers are no longer picking up a bargain from the “buyback premium.” $0.09 used to be the official buyback floor, but once the massive turnover fades, $0.09 could instead become a major resistance level, leaving buyers trapped above it. If it breaks below $0.09, exit decisively!
#LUMIA #RWA #治理回购 #加密货币
$LUMIA
LUMIA surges 33.44% to $0.10867, with 24-hour trading volume skyrocketing more than 20-fold to $64 million!
Here’s what really happened:
1. Hype around an old proposal: Governance proposal LGP-01 was already approved by vote on October 2 (to buy back the remaining HyperNode rewards at 0.09 USDT).
2. The arbitrage has flipped: The current market price of $0.109 is now significantly higher than the official $0.09 buyback offer! No new execution announcement was issued today.
Conclusion: Buyers are no longer picking up a bargain from the “buyback premium.” $0.09 used to be the official buyback floor, but once the massive turnover fades, $0.09 could instead become a major resistance level, leaving buyers trapped above it. If it breaks below $0.09, exit decisively!
#LUMIA #RWA #治理回购 #加密货币
$LUMIA