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?
Indeed, the Buyback system is a system to avoid a dumper. But companies rarely do this, unless the company is truly successful as planned. CHELLE Coin may be one of the projects that have been running as expected. So the team dared to buy tokens that were below the ICO price.