Do protocols that buy back tokens have prices that hold up better? I put the numbers for 11 protocols over the past 30 days (Sep 25–Oct 24) into one table:
· 8 fell; only ORE, PUMP, and ASTER outperformed BTC (-4.5%)
· Nearly all revenue from $HYPE and $UNI goes to holders, yet they still fell 15.8% and 25.5%, respectively
· Buyback strength and price performance are largely uncorrelated
Even substantial buybacks may not make a token more resilient to short-term declines.
#回购 #DeFi #CryptoMarket
· 8 fell; only ORE, PUMP, and ASTER outperformed BTC (-4.5%)
· Nearly all revenue from $HYPE and $UNI goes to holders, yet they still fell 15.8% and 25.5%, respectively
· Buyback strength and price performance are largely uncorrelated
Even substantial buybacks may not make a token more resilient to short-term declines.
#回购 #DeFi #CryptoMarket
