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COAI Foundation repurchased over 15 million tokens in January, further strengthening the ecosystem reserve
【Blockchain Rhythm】ChainOpera AI Foundation recently announced a significant development: the COAI token buyback work over the past 30 days has concluded. As of the announcement, the total buyback amount has exceeded 15 million tokens.
The subsequent handling of these repurchased tokens is also crucial. The foundation has incorporated all of these tokens into the strategic reserve pool in accordance with the established ecosystem framework and community governance rules. The entire process strictly follows the governance framework, not a temporary whim, but a routine effort by the foundation to support the long-term and steady development of the ChainOpera AI ecosystem and promote ecosystem construction.
From the market performance perspective, the COAI token price also reflects this. As of press time, the token market cap has surged to $400 million, with a 24-hour increase of approximately 2.53%. This continuous buyback mechanism, combined with ecosystem development progress, provides support for the project’s long-term value accumulation.