PANews reported on January 3rd that Jupiter co-founder SIONG sought feedback from the community on the X platform regarding whether to suspend JUP buybacks. SIONG stated that over $70 million was spent on buybacks last year, but the token price has clearly not changed significantly. He suggested that this $70 million could be used to reward existing and new users to promote growth. Currently, whether to stop buybacks is still under further discussion.
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