๐—ฆ๐—˜๐—ฅ๐—”๐—ฃ๐—› ๐—ง๐—ผ๐—ธ๐—ฒ๐—ป ๐—ง๐—ผ๐—บ๐—ฏ๐—น๐—ฒ๐˜€ ๐Ÿฒ๐Ÿฌ% โ€” ๐—ง๐—ฒ๐—ฎ๐—บ ๐—Ÿ๐—ฎ๐˜‚๐—ป๐—ฐ๐—ต๐—ฒ๐˜€ ๐—˜๐—บ๐—ฒ๐—ฟ๐—ด๐—ฒ๐—ป๐—ฐ๐˜† ๐—•๐˜‚๐˜†๐—ฏ๐—ฎ๐—ฐ๐—ธ ๐—ง๐—ผ ๐—ฆ๐˜๐—ฒ๐—บ ๐—ฃ๐—ฎ๐—ป๐—ถ๐—ฐ

โœ… The Web3 action RPG Seraph: In the Darkness saw its token seraph plummet from $0.20 to $0.089 early on July 12 โ€” a brutal 60% drop that rattled holders.

๐Ÿ“Š How the team responded:

Activated emergency on-chain monitoring

Locked suspicious wallets linked to heavy sell pressure

Launched synchronized buybacks on-chain and via CEX OTC desks

Published live fund flows for transparency โ€” a rare move in Web3 crisis management

The teamโ€™s buyback wallet (0xcd4fโ€ฆ9055c) is actively absorbing tokens, later consolidating into (0x00b1โ€ฆ3eCb), aiming to stabilize the price. By press time, seraph had partially recovered to around $0.12.

๐Ÿ›ก๏ธ Why this matters: Seraph is about to launch its third NFT โ€œHero Seriesโ€ PFP, and its game economy is built on the BNB Chain with seasonal mercenary rewards and a 5 million $SERAPH prize pool. The token crash threatened this model, so the public buyback aims to restore trust.

๐Ÿ“ข Official statement:

โ€œEarlier today, $SERAPH experienced a brief period of abnormal price volatilityโ€ฆ Weโ€™ve promptly initiated buybacks and continue to monitor the market to protect user interests.โ€

๐Ÿ’ก Bottom line:

Instead of quietly stabilizing the price behind the scenes, Seraph chose full transparency โ€” showing addresses, transaction data, and a clear plan. Itโ€™s a bold bet to keep community confidence alive as the team prepares new NFTs and in-game incentives.

#ArbitrageTradingStrategy #BTCBreaksATH #ETHBreaks3k #BinanceTurns8