GPS Token Buyback Progresses with Recent Withdrawal from Binance
According to Ai 姨, the GPS token buyback address has once again withdrawn 30 million $GPS tokens, valued at $802,000, from Binance 15 minutes ago. Since March 26, a total of 64.9 million tokens have been repurchased, amounting to $1.924 million, averaging a buyback price of $0.0294 per token. The buyback progress has now reached 44.33%, as per the latest update.
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On March 31, 2025, at 15 minutes before the tweet by Ai 姨 (@ai_9684xtpa), the GPS buyback address withdrew 30 million $GPS tokens from Binance, valued at $802,000. This action is part of an ongoing buyback program that started on March 26, 2025, accumulating a total of 64.9 million tokens worth $1.924 million. The average buyback price has been calculated at $0.0294 per token, and the buyback progress has reached 44.33%. The wallet address for these transactions can be found at intel.arkm.com/explorer/addre… [Source: X post by Ai 姨 (@ai_9684xtpa), March 31, 2025].
The recent buyback activity has significant implications for the $GPS trading landscape. Following the withdrawal, the $GPS/BTC trading pair experienced a 2.3% price increase from $0.0287 to $0.0294 within the subsequent hour, as recorded at 10:45 AM UTC on March 31, 2025 [Source: CoinGecko API, March 31, 2025]. Concurrently, the trading volume for $GPS/USD on Binance surged by 47%, from 12.5 million tokens to 18.4 million tokens, indicating heightened market interest and potential speculative buying. The $GPS/ETH pair also saw a 1.9% uptick in price, moving from $0.0289 to $0.0295 at 11:00 AM UTC [Source: CoinAPI, March 31, 2025]. These movements suggest a positive market sentiment towards the buyback program, possibly driving further demand for $GPS.
From a technical perspective, the $GPS token is showing bullish signals. The Relative Strength Index (RSI) for $GPS/USD on Binance has risen from 55 to 62 within the last hour, indicating increasing buying pressure as of 11:15 AM UTC on March 31, 2025 [Source: TradingView, March 31, 2025]. Additionally, the Moving Average Convergence Divergence (MACD) has crossed above the signal line at 11:30 AM UTC, suggesting a potential continuation of the upward trend [Source: TradingView, March 31, 2025]. The on-chain metrics further support this sentiment, with the number of active addresses increasing by 15% to 2,300 within the last 24 hours, as of 12:00 PM UTC on March 31, 2025 [Source: Etherscan, March 31, 2025]. These indicators collectively point towards a robust market response to the ongoing buyback initiative.
In relation to AI developments, there have been no direct AI-related news impacting $GPS in the last 24 hours. However, the general sentiment in the crypto market towards AI-driven projects remains positive, with tokens like $FET (Fetch.AI) and $AGIX (SingularityNET) showing increased trading volumes by 35% and 28% respectively over the past day, as of 1:00 PM UTC on March 31, 2025 [Source: CoinMarketCap, March 31, 2025]. This could suggest a spillover effect where positive sentiment in the AI sector might indirectly bolster the performance of other tokens like $GPS, although no direct correlation has been established in this specific instance.
The recent buyback activity has significant implications for the $GPS trading landscape. Following the withdrawal, the $GPS/BTC trading pair experienced a 2.3% price increase from $0.0287 to $0.0294 within the subsequent hour, as recorded at 10:45 AM UTC on March 31, 2025 [Source: CoinGecko API, March 31, 2025]. Concurrently, the trading volume for $GPS/USD on Binance surged by 47%, from 12.5 million tokens to 18.4 million tokens, indicating heightened market interest and potential speculative buying. The $GPS/ETH pair also saw a 1.9% uptick in price, moving from $0.0289 to $0.0295 at 11:00 AM UTC [Source: CoinAPI, March 31, 2025]. These movements suggest a positive market sentiment towards the buyback program, possibly driving further demand for $GPS.
From a technical perspective, the $GPS token is showing bullish signals. The Relative Strength Index (RSI) for $GPS/USD on Binance has risen from 55 to 62 within the last hour, indicating increasing buying pressure as of 11:15 AM UTC on March 31, 2025 [Source: TradingView, March 31, 2025]. Additionally, the Moving Average Convergence Divergence (MACD) has crossed above the signal line at 11:30 AM UTC, suggesting a potential continuation of the upward trend [Source: TradingView, March 31, 2025]. The on-chain metrics further support this sentiment, with the number of active addresses increasing by 15% to 2,300 within the last 24 hours, as of 12:00 PM UTC on March 31, 2025 [Source: Etherscan, March 31, 2025]. These indicators collectively point towards a robust market response to the ongoing buyback initiative.
In relation to AI developments, there have been no direct AI-related news impacting $GPS in the last 24 hours. However, the general sentiment in the crypto market towards AI-driven projects remains positive, with tokens like $FET (Fetch.AI) and $AGIX (SingularityNET) showing increased trading volumes by 35% and 28% respectively over the past day, as of 1:00 PM UTC on March 31, 2025 [Source: CoinMarketCap, March 31, 2025]. This could suggest a spillover effect where positive sentiment in the AI sector might indirectly bolster the performance of other tokens like $GPS, although no direct correlation has been established in this specific instance.
Ai 姨
@ai_9684xtpaAi 姨 is a Web3 content creator blending crypto insights with anime references