It's good to see projects that have the ability to do so, buyback their coins at cheap prices. This is what stock market listed companies generally do as well. It's a much smarter approach than top blasting your coins at all time highs. This might seem like a good plan as your coin goes up temporarily, but the buybacks have relatively little impact at that point. And you're likely just exit liquidity for some big holders. Teams buying back their coins at lower prices end up accumuulating more of the total supply which generally has a more positive impact in the long run. Besides that, it helps stand our your project as one of the "Strong recoverers" out of the chaos that has unfolded.(Daan Crypto Trades)