Analyst: The progress of Myshell's SHELL token repurchase plan is expected to reach 68% at present

PANews
PANews|Mar 18, 2025 01:50
According to on chain analyst @ ai_9684xtpa monitoring, it was previously traced that the "hoarding of SHELL new addresses" was indeed a repurchase address for market makers. Just now, the Myshell project team announced a repurchase amount of 8 million USDT and will complete the repurchase within 90 days. Since 03.13, the address has raised a total of 18.45 million SHELLs, approximately 5.43 million USD, which is 68% of the repurchase progress (the latest one was raised an hour ago). The price of SHELL coin has risen by 20% since the first day of repurchase (03.13).
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