Let's Talk About Buybacks: Recently, Launchpads Have All Entered the Buyback Arena
♦︎ Ethereum Foundation Token Purchase: Supporting DeFi ecosystem, assessing who does business well, reasonable
♦︎ WLFI Token Purchase: Supporting USD1 ecosystem, evaluating resource quality, reasonable
♦︎ Launchpad Token Purchase: Supporting their own ecosystem, buying what? MEME, that's interesting, who has more potential (rises more)?
In July, LetsBONK announced using 1% of protocol total revenue to buyback ecosystem tokens, with founder Tom also supporting through personal address purchases; <http:/four.meme> adopts a "trainee account leads > official main account follows" buyback approach - BSC and Solana, two leading launchpads, are implementing comprehensive token plans. Which performs better? Simple: directly look at the performance 😎
Performance of four related addresses is shown in the image
Except for Tom's address, which was created in April and has the longest holding period potentially influencing results, the other three addresses recently started buybacks, with data having more reference value: <http:/four.meme>'s overall win rate is higher than LetsBONK, with the trainee address's win rate even reaching 75%, while LetsBONK's performance looks somewhat bleak... It should be noted that both platforms' buybacks currently have no selling plans, so the win rate and profit/loss calculations are based on floating gains and losses.
How to view launchpad buybacks?
Buyback tactics are familiar to everyone, supporting ecosystem projects is understandable, but due to launchpads' unique nature, purchased token lifecycles are much shorter than typical altcoins, with buybacks providing more direct short-term price stimulation, essentially "endorsing" them. For launchpads, project selection should be more cautious to avoid misleading users; for users, more rational judgment is needed on whether to "follow the trade", as official support is a comprehensive consideration, endorsement ≠ rocket launch.
Finally, here are the four addresses for reference 👇
<http:/four.meme> Trainee: <gmgn.ai/bsc/address/0ZhKy06I_0...…>
<http:/four.meme> Official Main Account: <gmgn.ai/bsc/address/0ZhKy06I_0...…>
Bonk Official Buyback: <gmgn.ai/sol/address/0ZhKy06I_6...…>
Bonk Founder Tom: <gmgn.ai/sol/address/0ZhKy06I_4...…>
