🧪 Living Case Study – Buyback Efficiency

Let’s break it down simply 👇

🔍 What’s happening?

Since Feb 24, ~3.9M $XTN burned (~89K/day)

🟠 Phase 1 — Fast Reaction

Price: $0.040 → $0.067 (+67%)

🔥 ~130K/day

🟠 Phase 2 — Growth Mode

Price: up to ~$0.078

📉 ~93K/day

🟠 Phase 3 — Balance

Price: ~$0.074

⚖️ ~76K/day

📊 Key insight

As price goes up → less $XTN gets burned

Because of fixed 20 $WAVES per block

🧠 Now market behavior kicks in

~800K $XTN sell-off on Mar 31 → fast recovery ⚡️

→ real demand is absorbing supply

📌 What it means

• Buybacks still reduce supply

• But no longer dominate

• Market players matter more

❕ What drives the next move?

Buyback pressure or holder behavior? 👀

Data source: burn 👉 https://t.co/orgEEOfLlN

Data source: price 👉