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What does it mean in crypto? -Breaking

by Mike Robinson

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Business self-investment isn’t new. It has been used for years as a tool for inflation and price stabilization in the traditional financial system.

Binance and Nexo are just a few of the many projects to have done buybacks. Nexo, for instance, bought back because of its core developers’ conviction about the asset’s substantial undervaluation. They decided to reduce the number of project tokens currently in circulation in order to assist in price correction.

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