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LayerZero bought again 162000 tokens ZRO, bringing the cumulative buyback total to 2538000 tokens.
LayerZero buy back 162000 tokens ZRO, bringing the cumulative buyback total to 2538000 tokens
BlockBeats reported that,October 6, according to monitoring by TradingBeats,LayerZero bought 40 again 162000 tokens ZRO(approximately 347000 USD), bringing the cumulative buyback total to 2538000 tokens, worth approximately 5400000 USD.
Original link https://m.theblockbeats.info/flash/370386
BlockBeats reported that LayerZero bought again approximately 40 minutes ago, purchasing 162000 tokens ZRO, worth approximately 347000 USD。
bringing the cumulative buyback total to 2538000 tokens, worth approximately 5400000 USD。
The message date is October 6, and the information cites TradingBeats monitoring.
The following is analysis, separate from reported facts. Verify important claims independently.
A buyback refers to a project purchasing its own tokens. The article states that LayerZero bought another batch of ZRO, bringing the cumulative buyback total to 2538000 tokens.
Continued buybacks may affect the market's assessment of the circulating supply and supply-demand dynamics of ZRO, but the materials do not state the source of the buyback funds or the subsequent handling of the tokens.
Beginners can understand this as the project continuing to buy ZRO, but this does not mean that the token price will necessarily rise.
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