Resolv team: repurchased 1.6 million RESOLVs for $0.15 in the past 24 hours

Odaily Daily News: Tim Shekikhachev, a member of the Resolv team, stated in an article on X that Resolv has released over 15% of its token supply to the market, including airdrops, market maker inventory, and incentive budgets. Most of them flow to early users who have long supported the protocol before token generation. Some investors have shorted tokens in anticipation of a public market sell-off and plan to repurchase them at a low price. Considering the aggressive selling that typically occurs after airdrops, this strategy makes sense as savvy investors may want to re-enter at a lower valuation for greater returns. Tim added, 'The Resolv Foundation did not sell any tokens during this period.'. In fact, at the current price point, we are a firm buyer - we have purchased 1.6 million RESOLVs at an average price of about $0.15 in the past 24 hours