NSR Buyback #3 is complete. 1,061,582 NSR were burned.
Debit: 0.00 NSR
Credit: 0.00 NSR
Transaction fee: -1061582.00 NSR
Net amount: -1061582.00 NSR
Transaction ID: d32fee08a27da3ee19297473881d1ccb4ee5e9185301a5791782861a280dda5b
In only three weeks of buybacks the price of NSR has risen from 0.00000777 BTC to over 0.00000920 BTC, with our repurchases this week hitting 0.00000950 BTC. There are less than 2,200,000 NSR remaining on Poloniex and BTER’s order books before the price will hit 0.00001000 BTC.
There is no better advertisement for the Nu network at this stage of existence than a high placing on coinmarketcap.com. The three buybacks that have occurred so far have raised NuShares from 24th to 18th on the rankings. With the price of BTC showing healthy growth this week, and therefore a larger NSR buyback on the way, the potential exists to jump another spot or two.
Best of all, NuShareholders who are holding their shares for the long-term have seen their percentage stake in the network increase with each NSR buyback.
11.2 BTC worth 3024 USD will be used for NSR Buyback #4 next week.
