A visual representing Covalent CXT buyback impact, showing reduced token supply and a strong, interconnected DePIN data layer.
Blockchain News

Covalent’s Strategic 900K CXT Buyback Strengthens Token Ecosystem

The cryptocurrency market constantly evolves. Projects often implement various strategies to enhance their ecosystems. Recently, Covalent (CXT), a leading modular decentralized physical infrastructure (DePIN) data layer, made a significant move. The project executed a substantial Covalent CXT buyback in August. This action saw the repurchase of 900,000 CXT tokens, as reported by Wu Blockchain. This […]