Antony Lewis 1/24/2026

The Impact of Buybacks and Unlocks on Token Price

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This article explores the mechanics of token buybacks (buy-and-burn) and token unlocks in cryptocurrency projects. It uses a hypothetical example to calculate how these opposing forces—value transmission to holders versus selling pressure—affect token price, ultimately describing the concept of a theoretical equilibrium price where the forces balance.

The Impact of Buybacks and Unlocks on Token Price

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