The busy agenda of the cryptocurrency market forces altcoin teams to make big moves. While Ripple is talking about share buybacks and partnerships, one of the Binance Launchpad projects recently re-fired its token with the good news of a “buyback.” At the time of writing, the price was near its daily high, up 21%.
Why Is NFP Coin Rising?
While the excitement of ETFs fascinated everyone, the team that announced the token buyback a few minutes ago managed to attract attention. A double-digit increase in prices following the announcement may lead to more speculative activity in the coming hours. Here’s a statement released by the team a few minutes ago:
“We listened and we heard the community! An extraordinary day as BTC ETF pushes the boundaries of the crypto industry and Web3 as a whole. To celebrate, NFPrompt is building a Creator Foundation that will support artists globally.
We are buying back NFP tokens to support NFP’s AI artist community, as each member is recognized as an important founder of the AI x Web3 Future. We had many discussions about the program and decided to buy back the tokens to seed the foundation that supports truly disruptive AI Artists.
More details to come soon.”
