Thoreum Capital Executes Strategic Token Buyback and Burn

🔥 46k Buyback Mystery Revealed

By Thoreum ETH Miner
Dec 2, 2024, 4:14 PM
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Thoreum Capital has completed two significant market operations:

  • Latest Action: Purchased $THOREUM using 200 SOL ($46,000), followed by burning 10 $THOREUM tokens ($200,000)
  • Previous Action: Executed $113,000 buyback from Treasury (Nov 18)

Market Impact:

  • Current operation led to 19% price increase
  • November buyback resulted in 29% price appreciation
  • Token reached $14,649 after November operation

These strategic moves demonstrate continued market operations by Thoreum Capital

Sources

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