The buyback mechanism really have good effect on dumpers trying to dump their tokens ,lately two projects I promoted started buying back their own token from bounty hunters or big whales who wants to sell off and move on ,the first project is miracle tele project and the buyback is already on going ,the second one is about to start and the name is CHELLE Coin, buying back tokens is a brilliant idea what do you guys think?
Its a rare thing for a project to have that buyback program because usually do happen on projects when already dumped they do easily leave out dead and move
on to make another project to raise funds.
Buyback do really built up trust into its investors who do believe into the project but you cant really avoid for such dump yet main dumpers are majority of investors itself.Dont always took the blame on bounty hunters.