Odaily Planet Daily reports that GMX DAO announced on X that it repurchased 18,500 GMX tokens between March 18 and 24 for approximately $120,000, at an average price of about $6.49. Since launching the buyback program on March 5, GMX DAO has cumulatively repurchased 48,280 GMX tokens with a total investment of approximately $320,000, at an average price of about $6.63.
GMX DAO completes a $320,000 buyback of 48,280 GMX tokens in March
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Summary
GMX DAO announced on X that it repurchased 18,500 GMX tokens for approximately $120,000 between March 18 and 24, at an average price of $6.49. Since launching its buyback program on March 5, the DAO has spent $320,000 to repurchase 48,280 GMX tokens, averaging $6.63 per token. This move adds to the latest on-chain developments and reflects ongoing price activity within the GMX ecosystem.
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