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Crypto

QUASA's Strategic Buyback Program Puts Squeeze on Token Supply

Guavy AI Editorial Team
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The QUASA team executed a significant token buyback in June 2026, purchasing and permanently removing 664,966 QUA tokens from circulation.

This reduced the total circulating supply to approximately 65.9 million QUA, contributing to a sharp decline in available supply on cryptocurrency exchanges and coinciding with a doubling of the QUA token price over the course of the month.

The team's buyback program is structured to capitalize on periods of lower prices, ensuring that supply contraction aligns with broader market conditions.

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