Add as a preferred source on GoogleHYPE Buybacks Reach $791 Million as Supply Rises 0.43% Year to Date
PUMP’s $407 million in buybacks coincided with 29.5% supply growth, while AAVE and JUP buybacks were smaller than their net new supply totals.
Analyst Ignas said token buybacks should be assessed alongside inflation and circulating-supply changes, a comparison underscored by HYPE’s $791 million in year-to-date buybacks and 0.43% supply growth.
PUMP recorded $407 million in buybacks while its circulating supply grew 29.5%. AAVE buybacks totaled $11.2 million, compared with $31.7 million in net new supply. JUP buybacks totaled $9.9 million, compared with $32.9 million in net new supply.
The comparisons use different supply measures: percentage growth for HYPE and PUMP, and dollar amounts for net new supply for AAVE and JUP.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.