$GP
-21.43%
$GP was one of the best performer in past 30 days. 40x.. now the question is what catalyst drove that price growth? "Buyback and Burn" that means there is a growing collective consensus on "Buyback and burn" being a great utility for token, and that is also pushing the price higher. but only when the expected targets around "buyback and burn" should go incremental, and there should be clear evidence of growth from the protocol on demand metrics like "fees/revenue" which indicates growing buyback and burn demand. protocols with growing fees trend which have "Buyback and burn" utility might capture the attention of the collective which have concluded in their mind that this is the only thing which would drive price now. now its your time to study: Cash Cows with Buy Back and Burn.
From X

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.