Quote from: TheronB on August 20, 2018, 05:06:49 AM

Quote from: Optitoken.io on August 09, 2018, 10:01:46 PM

TEAM UPDATE

Opti has achieved a major milestone its in road to success, measured by adoption and stability. Distribution to all ICO buyers has been completed successfully and the token was listed on BTC - Alpha (https://btc-alpha.com) where it opened strong, hitting 4.76$. Temporarily OptiToken reached a market capitalisation of 471 million, leaving it at number 35 in the global crypto ranking. Since then we have seen we a high demand and look forward to operate in a strong market.

The traded volume remain on a high level, demonstrating an interesting level of trust in a growing community. Also Optitoken is already listed on CoinmarketCap, however the market conditions subject to a high change therefore the datas is not always up to date.

Token Buy-Back and Burn

As determined in its roadmap, OptiToken executed its first buy-back cycle with trading profits, leading to a surge in price of approximately 400% at BTC - Alpha! The tokens bought back (91,167 Opti) were burned, leaving a total supply of 99,908,831 Opti.

These strategic buys will take place regularly from now on, and increasingly once the algorithm is fully functional.

https://steemit.com/blockchain/@optitoken/optitoken-insider-first-buy-back-leads-to-a-400-price-surge

Will they be announced beforehand so that traders can plan accordingly?

This is absolutely essential.

When the traders against a specific entity have developed a buying momentum, its called buying pressure while the other way around will be called selling pressure.

It depends on the market situation.