After $14 Million Buyback, Coin Price Dropped 10%, Can Sushi Be Saved?

(Image from Cointelegraph) At 10 AM Beijing time today, DeFi liquidity mining project SushiSwap officially announced the completion of a $14 million SUSHI token buyback. Etherscan data shows that a total of 5,573,602 SUSHI tokens were repurchased, accounting for 4.9% of the total circulation (111 million). However, this buyback, which had high expectations from the community and investors, failed to drive up the coin price in the secondary market.