Alea Research: Revenue growth and buybacks can't lift tokens without fresh capital
- —BTC fell 1.18% to $81,590; SOXX lost 10.72%, Nasdaq 100 5.22%
- —36 of 41 tokens declined, median drop 6.42%
- —BTC ETFs saw $146M outflows, ETH ETFs $250.4M on Oct. 12-15
- —Pump spent $30.4M on buybacks, yet its token fell 21.97%
Why it matters: Buybacks and revenue growth cannot substitute for fresh capital inflows, leaving tokens exposed to persistent ETF redemptions.
Source: TokenPost