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Gnosis price jumps 20% after Thanefield Capital makes $30 million token buyback offer

Bitget2024/05/20 12:08

Golden Finance reported that crypto fund Thanefield Capital proposed a buyback plan for Gnosis DAO’s native tokens. The proposal aims to deploy $30 million for regular token buybacks within six months. Gnosis co-founder Martin Köppelmann supported the proposal but warned that buybacks should be tied to growth plans. Since the proposal went online, the price of Gnosis has increased by more than 20%, reaching a maximum of $320 and currently trading at $308.

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Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.

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