🤔 Launchpad Buybacks: Support or Speculation?

Lately, we’ve seen a new wave of buybacks — not just from foundations or stablecoin ecosystems, but now from launchpads too. But what’s really going on?

🔹 Ethereum Foundation buying tokens? Makes sense — they're supporting solid DeFi protocols with real value.

🔹 WLFI buying? Also fair — backing its USD1 ecosystem and strategic partnerships.

🔹 But launchpads? They're buying… meme coins. Now that’s a twist.

In July, LetsBONK announced it would allocate 1% of protocol revenue for ecosystem token buybacks. Founder Tom even backed that up with buys from his personal wallet.

Meanwhile, four.meme is taking a quirky approach — with an “intern account leads, main account follows” strategy. Both BSC and Solana-based platforms seem serious about building token economies, but results vary.

👀 So, who's doing it better?

From recent on-chain performance:

four.meme's intern account has a 75% win rate, showing solid short-term plays.

LetsBONK? A rough start — sitting at 0% win rate so far.

Note: These are based on unrealized PnL. None of the wallets have sold yet.

💡 So, what’s the takeaway?

Buybacks are a familiar play in crypto — they boost confidence and can support price. But when launchpads are buying low-liquidity or short-lifecycle tokens (like meme coins), the impact is more immediate and speculative. It’s less about long-term fundamentals and more about market reaction.

Buybacks from launchpads feel more like endorsements, and less like pure ecosystem support. That’s fine — just remember:

Endorsement ≠ Guaranteed Moon.

So before “following the trade,” zoom out. These buys are strategic, but they’re also PR. Make your move — but make it rational. 🧠