Meteora has completed a $10 million buyback of its MET tokens in the fourth quarter, acquiring 2.3% of the circulating supply using USDC. This strategic move aims to signal confidence in the token's value and enhance scarcity, potentially boosting its market price. The project plans to continue these buybacks, emphasizing its commitment to supporting the token's ecosystem and value proposition.
Meteora Executes $10M Buyback of 2.3% MET Tokens in Q4
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
