Crypto NewsAltcoinBinance-Listed Altcoin Announces Coin Buyback from the Market

Binance-Listed Altcoin Announces Coin Buyback from the Market

The developers of a mid-cap altcoin listed on Binance have informed the community that they will buy back tokens from the market.

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NFPrompt (NFP) took an important step and announced an altcoin buyback program.

The announcement comes on a historic day for the cryptocurrency industry with the launch of the Bitcoin ETF, which is a game-changer for the industry and Web3 as a whole. To celebrate this milestone, NFPrompt is launching a Creators Foundation aimed at supporting artists around the world, the developers said.

The following statements were used in the continuation of the official statement:

“The redemption of NFP tokens aims to strengthen NFP's AI artist community and recognize each member as a key builder of the AI x Web3 future. This move underscores NFP's belief in the transformative power of AI artists and their potential to disrupt traditional paradigms.

The decision to buy back the tokens was made after extensive discussions about the program. “The purchased tokens will be used to build the foundation of the foundation, further supporting game-changing AI artists.”

After the announcement of the token buyback program, the NFP price increased on Binance.

NFP developers will announce details about the altcoin buyback program later, according to their statement in the announcement.

*This is not investment advice.



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