Recently, the operations of OpenLedger have been quite interesting.
The official team has just launched a buyback plan for $OPEN — simply put, the team is using their own funds to buy coins on the market.
Why is this important?
👉 It shows that the team has confidence in the project;
👉 They want to stabilize the market, reduce volatility, and support long-term growth.
Currently, the coin price is around 0.45, showing strong support, and there is also significant upside potential.
The project team is providing a bottom support, while the market has room for imagination above.
Existing holders are stable, and newcomers might catch the trend starting point.
More importantly, the buyback is not just talk.
As of today, OpenLedger has repurchased about 0.4% of the total supply, accumulating over 3.3%, all of which can be checked on-chain (address👇)
🔗 0x453243D085E73f1ed471E87cc4cDc7F42AfB9780
Right now, there are really not many teams that can actively conduct buybacks in this market environment.
Action means signal.
@OpenLedger
#OPEN #DeFi #BNBChain