token buybacks are a step in the right direction
before this, every token was technically one of two things: governance or memecoins
most teams still avoid linking revenue to the token because it forces proper valuation
but the ones doing it now are likely the ones worth paying attention to
i’ve been tracking buybacks vs market cap and my partners at XBorg will be top 3 by eom
they’re proving you don’t need to be a billion dollar company to buy back your token
and once that becomes normal, i think we’ll have a huge repricing event
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