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✏️GRAPHITE PROTOCOL BUYBACK ANALYSIS✏️
$GP is the token of @GraphiteProto, a coin creation and deployment infrastructure layer powering @bonk_fun's ecosystem.
$GP receives 7.6% of all fees, which go towards buybacks, liquidity, and periodic burns.
💰 fees → GP's 7.6% share :
$1.69M → $128K to GP in the last 24 hours
$8.66M → $658K to GP in the last 7 days
$17.66M → $1.34M to GP in the last 30 days
💼The buyback wallet goes BRRRR at a pace of:
$55/minute
$79,200/day
$2.37M/month
(see:
📈In a vacuum, these buybacks move the price by:
+2% / +$1.5M MC per day
+14% / +$10.5M MC per week
+60% / +$45M MC per month
+730% / +$550M MC per year
And that's assuming revenue stays flat. It won't.
⬆️Fees are rapidly growing.
At its current run rate, generates $2.155B annually. And it will creep up as the bull run intensifies.
I don't even want to project the "bonk"ers price GP will reach if recent revenue growth continues...
TL;DR:
$GP = Good Tech



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