Resolv team member Tim Shekikhachev said in a post on X that Resolv has released more than 15% of the token supply to the market, including airdrops, market maker inventory, and incentive budgets. Most of this goes to early adopters who support long-term agreements before the tokens are generated. Some investors shorted tokens in anticipation of an open market sell-off, and plan to buy back at a low price. This strategy makes sense considering the aggressive sell-off that usually occurs after airdrops. Savvy investors will want to re-enter the market at a lower valuation for a larger profit.
Tim added: The Resolv Foundation did not sell any tokens during the period. In fact, we are firm buyers at the current price - buying 1.60 million RESOLVs at an average price of about $0.15 in the past 24 hours.
Resolv team members denied that the foundation sold coins: 1.60 million RESOLVs have been repurchased, with an average price of $0.15
2025-06-27 03:17:39
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