Odaily News The Resolv team member Tim Shekikhachev posted on X that Resolv has released over 15% of its Token supply to the market, including Airdrops, market maker inventory, and incentive budgets. Most of it has flowed to early users who have long supported the protocol before the Token generation. Some investors anticipated public market dumping and have shorted the Token, planning to buy back at a lower price. Considering the aggressive dumping that usually occurs after Airdrops, this strategy makes sense, as savvy investors would want to get on board at a lower valuation for greater returns.
Tim added: “The Resolv Foundation did not sell any tokens during this period. In fact, at the current price level, we are firm buyers - having purchased 1.6 million RESOLV at an average price of about $0.15 in the past 24 hours.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
