Myshell Project’s Buyback Progress: 68% of SHELL Acquired with 8 Million USDT

According to recent insights shared by COINOTAG News on March 18th, a noteworthy development has emerged regarding the Myshell project. The address, previously observed to be accumulating SHELL, has been identified as the designated buyback account for a liquidity provider. This revelation is significant, as the Myshell project team has committed to a substantial buyback initiative worth 8 million USDT. The buyback process, expected to be finalized within a period of 90 days, appears to be on track. Since March 13th, the identified address has extracted a total of 18.45 million SHELL from a centralized exchange, equivalent to approximately 5.43 million USDT, successfully achieving around 68% of the planned buyback. This aggressive strategy underscores Myshell’s commitment to strengthening its market position and enhancing liquidity for its stakeholders.