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Hello everyone, here is another exciting update from COVA.
Covalent kicks off 150MM COVA buy-back program. https://t.me/covalentofficial/113477

Wow. Thats great.
Covalent team would start the tokens buy back today on the first stage of the tokens buyback. Its going to last for the next five days. Tokens up to 50 million would be used to setup the COVA dApp Ecosystem Fund.

When did they sell their tokens? Now they are going ahead with buyback. Buyback from whom?

that's a very good question, there was only one private sale and since a few weeks you can trade on Huobi and Bitmax Cova.
I wonder if there are so many tokens in circulation at all.

I am guessing the same. They did not do a public sale since they had good investors on board so I am guessing they managed to sell a lot of tokens then?

Probably yeah! They managed to get some top investors on board! They are also hosting a buy back program within this such short time! That should give you an idea how they are working!

Wow, thats a good one a lot of top investor invest on them, for sure other investor will be attracted since there are big names in the company.