1/ It appears that @believeapp , who has been teasing a flywheel for a while, may have started buying back $LAUNCHCOIN
Details below
2/ "believe-fees-main" is 4mC4CWyKDqUdShmUiYS4FvB8gZEKh4GD7SnmdKTpWM1k, which was the old Believe fee wallet
They migrated to a new treasury about 9 days ago, a multisig with the onchain name set to "B24 TREASURY"
This "believe-treasury-msig" is 8YWLToGVTNj2RciJCs1X46ReqtWRuovMg6t9Gx39kifC, which sent 500 SOL to HG7aGifhTZM45WmAzziCYjnURRryXtLGz25NnpLUBhxp about 30 minutes ago
HG7 is a fresh wallet that proceeded to begin buying $LAUNCHCOIN and sent it back to the new treasury
3/ Note that there has been no communication about this from the Believe team so far, so whether it is a one-off buy or the start of more sustained buybacks is unclear
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