Here’s why OP token price is falling despite Optimism buyback approval

Optimism (OP) underperformed as risk-off sentiment hit high-beta altcoins hardest. The buyback plan is delayed, small, and lacks immediate supply reduction. Technical breakdown below key averages has triggered strong sell-side momentum. The Optimism (OP) token is falling even after token holders approved a long-awaited buyback plan. At first glance, this seems counterintuitive, since buybacks are […] The post Here’s why OP token price is falling despite Optimism buyback approval appeared first on CoinJournal.