GM.ai Buyback 35 Million $GM Tokens, Some for Airdrop!
2024-09-25
Bittime - GM.ai announced that it had made a buyback of as many $GM tokens 35 million $GM.
Most of these tokens will be allocated to airdrop, while the remainder will be allocated to Market Maker (MM), operational, and Liquidity Provider (LP). Read this article to find out!
GM.ai Buyback $GM Tokens
This buyback strategy is done to increase the value of the $GM token in the market and provide more incentives for the community.
The tokens that have been bought back are stored in a wallet announced transparently by GM.ai, which is at the address:
78e5ru5d1dD6NjSUWUoSaL1Sps852UwXRc4MEBsBoPHu.
Read Also: GM.ai Buyback GM Token to Return Price to Presale Level
GM.ai Buyback $GM Tokens for Airdrop
One of the main goals of this $GM token buyback is to prepare airdrop. Most of the 35 million tokens bought back will be used for airdrop distribution.
This airdrop strategy is a very effective way for GM.ai to increase adoption of the $GM token. By providing free tokens via airdrop, GM.ai can expand its reach and encourage further use of the $GM token.
GM.ai Buyback $GM Tokens for MM, Operations, and LP
Apart from the airdrop, GM.ai buyback $GM tokens is also for MM, operational, and LP. This is to maintain the smooth operation of the platform as well as ensure that there is sufficient liquidity in the market to support $GM token trading.
Market makers play an important role in providing liquidity and maintaining price stability in the market so it is very crucial.
By allocating tokens to MMs and LPs, GM.ai ensures that users can buy and sell tokens easily without experiencing high price volatility.
Read Also: ether.fi Revenue Increases and ETHFI Token Buyback Plans
How to Buy Crypto with Bittime
Want to trade, sell and buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.
Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!
Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
.png)
