DWF Labs statistics: 13 of the 15 tokens with buyback-based value-accrual mechanisms have outperformed Bitcoin year to date.
According to BeInCrypto, as of October 27, Hyperliquid (HYPE) and Pump.fun (PUMP) lead the pack on buybacks, but both tokens are still trading well below their respective highs.
· Leading the pack while remaining below their highs shows that relative strength year to date doesn’t mean a return to previous highs.
· DWF Labs is focusing on whether the revenue behind the buybacks can be sustained. This is a point it has raised for consideration, not a verified conclusion.
Would you first look into the source of the buyback funds, or the token’s year-to-date gains relative to Bitcoin?
$BTC $HYPE $PUMP
According to BeInCrypto, as of October 27, Hyperliquid (HYPE) and Pump.fun (PUMP) lead the pack on buybacks, but both tokens are still trading well below their respective highs.
· Leading the pack while remaining below their highs shows that relative strength year to date doesn’t mean a return to previous highs.
· DWF Labs is focusing on whether the revenue behind the buybacks can be sustained. This is a point it has raised for consideration, not a verified conclusion.
Would you first look into the source of the buyback funds, or the token’s year-to-date gains relative to Bitcoin?
$BTC $HYPE $PUMP
