Just like any listed company in a major stock market buying back its own shares, this is a very positive sign:
"The Team spent 1.75M $USDC to buy 7.96M $1INCH at $0.22 again 1 hour ago. Since July 5, the Team has bought 22.4M $1INCH($5.49M) at an average price of $0.25."
https://x.com/lookonchain/status/1831164826674163821
Submitted FYI.
May you and yours be well and loving life today.
In Lak'ech,
JaiChai
"Wow, that's awesome news! 💸👏 The Team is really showing some love for 1inch by buying back shares - a clear sign of confidence in its future 🚀. I'm loving this positive vibe and the transparency you're bringing to the community, JaiChai! 👍 Thanks for sharing this update with us. If you're as excited about this development as I am, let's discuss it in the comments below 💬. And if you haven't already, be sure to vote for @xpilar.witness (https://steemitwallet.com/~witnesses) - every upvote counts and helps support our community's growth 🙏."
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