#sky Sky Buyback, Is There an Upside Hidden in MKR Tokens?
Brothers, there are new developments in the crypto world! On July 24, Sky (formerly MakerDAO) co-founder Rune was observed continuously using staking rewards to buy back SKY tokens.
In just half an hour, over 1.3 million USD in staking rewards were claimed, while also busy swapping assets for buybacks, this operation has directly ignited market attention!
Why is this related to MKR? It’s important to know that MKR is the core governance token of the MakerDAO ecosystem, and Sky is deeply rooted in MakerDAO, with a strong ecological connection.
The buyback of SKY by the co-founder is essentially a strong recognition of ecological value, and a surge in ecological heat in the future is a high probability event.
As the long-established core token #MKR , under the transmission of ecological heat, liquidity and market expectations will be stimulated. Currently, the cryptocurrency market is volatile, and such positive signals within the ecosystem represent potential opportunities!
However, a reminder, there are risks in the crypto world, so don’t make hasty decisions. But with MKR riding the wave of ecological benefits, it might just stir up some activity. Keep an eye on Sky's subsequent actions, closely watch the MKR trend, and don’t miss the chance to reap rewards!
Currently, the overall market shows signs of stabilization and upward movement, so it’s a good time to enter with light positions for long trades. The specific take-profit levels will be announced internally by A Er!!!
