The Limitless team announced that the LMTS token has been stealthily launched and a buyback plan has been initiated.

According to ChainCatcher, CJ, a team member of the prediction market platform Limitless, stated in a post that the LMTS token has been stealthily launched and successfully avoided snipers. He mentioned that the funds in the address starting with 0xBF31 will be used to buy back tokens within an appropriate price range, and future buyback plans will continue to be promoted.

CJ added that a significant proportion of LMTS's circulating supply has already been distributed through airdrops. Although it has not yet been listed on centralized exchanges, buying pressure has already significantly pushed up the price target, so part of the buyback plan has been initiated ahead of schedule. Subsequently, some users questioned that a certain address cashed out 1.2 million US dollars before the token launch. CJ replied that the address was a "sniper address using Banana Gun."