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Reading: Altcoin Price Plummets, Developers Announce Buyback to Cover Losses
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Mycryptopot > News > Crypto > Altcoins > Altcoin Price Plummets, Developers Announce Buyback to Cover Losses
Altcoins

Altcoin Price Plummets, Developers Announce Buyback to Cover Losses

October 23, 2025 1 Min Read
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mycryptopot

The Astra Nova (RVV) staff introduced that they are going to be shopping for again the affected RVV tokens from the market following current occasions.

The corporate acknowledged, “In mild of current developments, Astra Nova will repurchase an quantity of RVV equal to the affected tokens. This determination displays our dedication to defending token holders, stabilizing liquidity, and strengthening long-term belief within the RVV ecosystem. We’ll share the official timeline for the repurchase course of quickly.”

mycryptopot

Chart exhibiting the 60% drop in RVV worth.

Astra Nova (RVV) not too long ago introduced {that a} third-party market maker account was hacked, and attackers took over the account and started promoting property. The staff maintained that that they had notified all alternate companions following the incident and that the venture’s sensible contracts and infrastructure had been totally safe and audited.

Astra Nova had acknowledged that they had been monitoring the fund actions along with on-chain safety evaluation establishments and that they’d flip the matter over to regulation enforcement after the proof was collected.

Officers claimed that the Astra Nova ecosystem stays strong and the method can be performed in a clear method.

mycryptopot

*This isn’t funding recommendation.

mycryptopot

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Reading: Altcoin Price Plummets, Developers Announce Buyback to Cover Losses
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