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Now the so-called buybacks of these new currency projects are simply fooling retail investors with their Japanese people.
In the past few days, OM said that it was going to buy back J8, and J8 was.
These project parties have no additional source of income, and the money they "buy" is obtained from selling coins, selling 100 million coins to you at a price of 1, and repurchasing 200 million coins at a price of 0.1, but they actually drain 80% of the liquidity.
Where does the money come from, this is an eternal topic. Including the "Bitcoin Strategic Reserve" to buy Bitcoin, and also said that it would be bought with tariffs (all fools)...
As a Bitcoin believer, I hate these short-term ridiculous news, worse than fake news, which is really throwing dung balls 😓 into the blockchain community