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On March 26th, COINOTAG News reported critical updates regarding the GPS buyback initiative. According to monitoring from @ai_9684xtpa, an initial withdrawal of buyback tokens occurred, with the GPS buyback address retrieving 34.9 million tokens from Binance, equating to approximately $1.12 million. This substantial transaction forms part of a broader strategy aimed at enhancing the liquidity and overall market sentiment surrounding the GPS token. Currently, the buyback program has reached a notable progress rate of 25.8%. Analysts suggest that such activities could lead to short-term price movements, evidenced by a recent uptick of 3.4% in GPS valuation due to this buyback initiative. The emphasis on stockpiling tokens often signals to investors the potential for a strengthened market position.
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