Can the re -purchase program soon revive the distinctive code price after July’s crash? star-news.press/wp

The Soon Sirop Foundation launched a special code recovery program worth 200 thousand dollars, as it provided a secured re -purchases at $ 0.14 per code – an initiative aimed at restoring the investor’s confidence after the manipulation incident in the early market in July.

An official institution has a formal Firing The distinctive code recovery program soon, as it provided a liquidity group worth $ 200,000 to ensure re -purchases at a fixed price of $ 0.14 per code.

It can be accessed across RedemptionRe -purchasing portal offers guaranteed liquidity to pregnant people who look forward to a predictive rate. According to the official statement of Soon Soon, the collection of salvation is fully funded by the protocol revenues, and will grow over time with revenue flows from products that operate soon.

“The salvation program works as a stable insulation during the periods of market fluctuations,” the institution soon explained X.

What sparked a re -purchase

The initiative stems from a 41 % destroyed decrease in the price soon on July 5, when a wave of sale is sent the distinctive symbol, which decreased from $ 0.22 to $ 0.13 within hours.

The series analysis revealed that 22 million symbols were withdrawn close to Bitget and delivered on multiple commercial platforms, including Bithumb, Upit and Gate.io. At the same time, large short jobs have been opened on major derivative platforms, indicating organized manipulation that aims to profit from collapse.

Foundation soon to reject I was involved in the sub -market team or manufacturers, and to unveil the headquarters of the portfolio to support the claim. The Foundation believes that the accident was a deliberate and coordinated attack by a professional commercial institution with experience in the market industry, designed to exploit the liquidity gaps between the deep, deep markets and immediate liquidity, especially in Korean exchanges.

Moreover, the Foundation confirmed that the accident occurred amid critical growth efforts, including new CEX lists, improving immediate liquidity, and the upcoming launch of major products such as Simpfor.fun V3, which makes any suspension in the market anti -project interests.

On July 17, a community soon Absolute A proposal entitled “Token Burn and Beenback Plan, which deals with the previous manipulation of the potential market,” which received unanimous support. The instant burning plan of 7.7 million unnecessary AirDrop symbols and the re -purchase and destruction of 22.3 million additional icons – totaling 30 million, or approximately 3 % of the total offer – was directly responding to the July 5 accident.

The launch of the symbolic recovery program soon appears to be the initial implementation of the retail mechanism shown in this proposal.

The price jumped soon by 5 % on the advertisement, currently trading at $ 0.15 and testing resistance in EMA for 20 days.