This chart was taken on August 14th.
In 11 days, BTC rose from 63,000 to 80,000, with most projects on the list outperforming the market.
$HYPE +50%， $PUMP +60%， $Lighter
Close to +50%.
To be honest, these 11 days have made one thing more confirmed. After this cycle, the sieve of knockoffs has changed. Previously, we looked at narratives and tracks, but now the market is asking a more direct question: where is the money you earned?
Buybacks are the hardest answer to fak. Whether there is income or not, where the income goes, is crystal clear on the chain.
I expect $DBR will keep pace with this wave, but honestly, I'm not in a hurry. 100% of protocol revenue is used for buybacks, treasury 31 million, and circulating market value under 90 million. The position on the list that gives me the most peace of mind.
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