The busy agenda of the cryptocurrency markets is forcing altcoin teams to make moves that will bring them to the forefront. Ripple share buyback, partnerships, and just a moment ago, a Binance Launchpad project ignited its tokens again with a “buyback” announcement. At the time of writing, the price was approaching its daily peak with a 21% increase.
Why is NFP Coin Rising?
A few minutes ago, the team that announced the token buyback managed to attract attention while the excitement of the ETF was enveloping everyone. Following the announcement, the price, which increased by double digits, could make more speculative movements in the coming hours. The announcement released by the team a few minutes ago stated the following;
“We listened and heard the community! It’s an extraordinary day as the BTC ETF challenges the boundaries of the crypto industry and Web3 as a whole. To celebrate, NFPrompt is building a Creator Foundation that will support artists globally.
Since every member is considered an important founder of the AI x Web3 Future, we are buying back NFP tokens to support the NFP’s AI artist community. We’ve had many discussions about the program and decided to buy back tokens to seed the foundation that truly supports disruptive AI Artists.
More details will come soon.”
Investors may see the price make double-digit moves as they await details that could either diminish or increase the hype.