๐ฅ $NEAR INTENTS GENERATES $29M IN FEES WITH HEAVY OPEN-MARKET BUYBACKS! ๐ฅ
๐ Smart money is quietly watching $NEAR as its Intents mechanism generated over $29M in protocol fees since February. More importantly, roughly $5.3M of those fees directly executed open-market buybacks, creating relentless spot demand.
๐ Sustained buyback pressure effectively shrinks circulating float while organic protocol activity surged hard into September. When real revenue converts directly into programmatic market buying, market dynamics shift dramatically.
๐ฌ Is this massive buyback flywheel enough to fuel the next $NEAR leg up, or are you sitting on the sidelines? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #NEAR #Crypto #Altcoins #Bullish
โก ๐
๐ Smart money is quietly watching $NEAR as its Intents mechanism generated over $29M in protocol fees since February. More importantly, roughly $5.3M of those fees directly executed open-market buybacks, creating relentless spot demand.
๐ Sustained buyback pressure effectively shrinks circulating float while organic protocol activity surged hard into September. When real revenue converts directly into programmatic market buying, market dynamics shift dramatically.
๐ฌ Is this massive buyback flywheel enough to fuel the next $NEAR leg up, or are you sitting on the sidelines? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #NEAR #Crypto #Altcoins #Bullish
โก ๐