SHELL Token Buyback Progress Hits 81.2% as 1 Million Tokens Withdrawn from Binance
The post SHELL Token Buyback Progress Hits 81.2% as 1 Million Tokens Withdrawn from Binance appeared on BitcoinEthereumNews.com.
On March 24, COINOTAG News reported significant activity in the cryptocurrency sphere, particularly concerning the SHELL token. An on-chain data analyst, known as @ai_9684xtpa, observed that the SHELL buyback address executed a substantial withdrawal of 1 million tokens from Binance. This brings the cumulative amount of tokens repurchased to an impressive 21.95 million, highlighting a robust buyback initiative that is currently at 81.2% completion. Since the buyback program commenced on March 14, SHELL has seen a commendable price appreciation of 4.56%. The consistency in buyback activity suggests strong investor confidence and strategic allocation, reinforcing the overall demand for the token. Such data points are pivotal for stakeholders monitoring the market trends and assessing the underlying value of SHELL amidst a dynamic crypto landscape. Source: https://en.coinotag.com/breakingnews/shell-token-buyback-progress-hits-81-2-as-1-million-tokens-withdrawn-from-binance/
Filed under: News - @ March 24, 2025 2:18 am