⚓️ Fetch Foundation plans to buy back $FET tokens worth 50 million USD.

✍️ The buyback was announced by CEO Humayun Sheikh; the buyback plan aims to reduce token supply and push up the price of $FET by supporting the increase in ASI1 infrastructure and AI agent usage.

📈 Following the announcement, $FET showed a 7% price jump with an increase in trading volume. This indicates that the market has responded positively to this step.

💡 This move shows that a corporate approach is spreading to crypto projects: the blocked supply is decreasing, and support for the price is becoming clearer.

💬 This is not investment advice.

#FET #FetchAI #Crypto