protocols don't usually buy back
$250,000 of their own token.
every. single. day. ๐
$SKY does. ๐ฅ
โโโโโโโโโโโโโโโโโโโโโ
๐ค๏ธ $SKY / USDT PERP
โโโโโโโโโโโโโโโโโโโโโ
๐ต $0.07202 | +3.73% ๐ข
โฌ๏ธ $0.07384 | โฌ๏ธ $0.06922
๐ฆ Vol โ 79.64M SKY | $5.71M
โโโโโโโโโโโโโโโโโโโโโ
๐ MA READ | 15M | BULLISH
๐ก MA7 โ $0.07181 โ
๐ด MA25 โ $0.07165 โ
๐ฃ MA99 โ $0.07139 โ
price ABOVE all 3 MAs. ๐ถ
MAs converging upward. ๐งฒ
vol 504K vs MA5 488K = sustained. โ
67% of supply already STAKED.
barely anything left to sell. ๐
โโโโโโโโโโโโโโโโโโโโโ
๐ LEVELS TO WATCH
๐งฑ $0.07384 โ 24H high. the wall.
๐งฑ $0.10050 โ ATH. magnet. ๐งฒ
๐ก๏ธ $0.07139 โ MA99. floor.
๐ก๏ธ $0.06922 โ 24H low. must hold.
โโโโโโโโโโโโโโโโโโโโโ
โก ALPHA
๐ฅ $250K SKY bought back DAILY.
1.83B tokens already removed. ๐ฅ
$114.5M spent buying supply off market.
๐ 67% staked. barely any supply trading.
less supply + daily buybacks = ๐งจ
๐ฐ protocol revenue โ $611M projected 2026.
+81% year over year. ๐
๐ฆ Better Finance โ $500M credit deal
through Sky ecosystem. RWA going live.
๐ฏ ATH โ $0.1005.
now โ $0.072. 28% below peak.
โโโโโโโโโโโโโโโโโโโโโ
daily buybacks.
67% supply locked.
$500M RWA deal live.
28% below ATH.
the protocol is eating
its own supply. ๐ฝ๏ธ
โโโโโโโโโโโโโโโโโโโโโ
๐ฌ $SKY
daily buybacks โ bullish or just noise?
A) ๐ฅ most bullish tokenomics in DeFi.
B) ๐ ATH retest $0.10 incoming.
C) โณ needs BTC recovery first.
D) ๐ด sell the news. already priced in.
drop it ๐๐ฅ
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#SKY #SkyProtocol #BinanceSquare #DeFi #CryptoTA #RWA