OGN Token Surges 20% After $3M Buyback Announcement and Super OETH DeFi Launch Boost Investor Interest

OGNUSDT experienced a significant price increase of approximately 20% over the last 24 hours on Binance, rising from a 24h open of $0.0494 to a current price of $0.0593. This price surge is primarily attributed to the recent announcement by the Origin Protocol DAO of a major buyback program, which will utilize over $3 million in DAO assets and all protocol revenue to repurchase OGN tokens, with the first $100,000 tranche scheduled before July 4, 2025. The buyback initiative, alongside the recent launch of the Super OETH DeFi product and ongoing community engagement, has driven renewed investor interest and trading activity. OGN remains actively traded, with 24-hour trading volumes ranging from $7.33 million to $13.61 million, a circulating supply of approximately 701–704 million OGN, and a market capitalization between $34.97 million and $79.98 million, reflecting typical volatility and data variation across sources.