A few days ago, I was still discussing the issue of stock repurchases with Kange @ tktang88. From the perspective of traditional enterprises, stock repurchases bring about a reduction in circulating shares and an increase in EPS. More importantly, traditional enterprise repurchases are often accompanied by an increase in profits, which is mainly a way for the enterprise to make money. This is of great help to market confidence. But the cryptocurrency industry is completely different. Cryptocurrency repurchases may not necessarily be related to revenue, and there are no financial reports, so the real earnings situation is completely unknown. More importantly, cryptocurrency repurchases are a way to boost user expectations. But for cryptocurrency companies, repurchases do not necessarily mean pulling the market. Even some companies hope to stimulate the market and increase user buying through repurchase information, but the current users are not fools. The most important thing is that the circulation in the cryptocurrency field is not the core that determines the price. In most cases, once the market knows about the repurchase of the project party, it is easy to sell it directly to the project party during the repurchase. Nowadays, many project parties' repurchases are also secretive, and they don't even know if they are really repurchased. This is also a tragedy for the cryptocurrency industry in terms of application and compliance. Those who can generate blood cannot engage in high-profile repurchases and dividends, and many project parties who claim to be repurchasing are actually cutting leeks. @bitget VIP， Lower rates and more generous benefits