edgeX Buys Back $13M of Its Own Tokens, Price Jumps 18% – The Only Crypto Project Shopping at Its Own Store

edgeX [EDGE] surged 18% over the past 24 hours, proving that even in a market basically watching paint dry, some tokens still know how to throw a supply-side party. While the rest of crypto is napping, edgeX is apparently having a mid-week crisis and buying everything in sight.

The move isn't just retail FOMO. Fundamentals are getting stronger, and bullish pressure has been building steadily. So what's actually fueling this rally? Spoiler: it's not a celebrity tweet or a surprise listing announcement.

The edgeX team keeps removing supply from the market like they're playing the world's most aggressive game of musical chairs. They deployed $838,000 in buybacks during this latest push. Since kicking off the buyback program in April, total buybacks have hit $13 million. That's real money pulling tokens out of circulation—making $13 million worth of EDGE vanish like your savings in a bear market, except in reverse.

Demand is picking up too. About 610 new wallets entered the scene over the same period. Total holders now stand at 20,600. More distribution often means better price stability and room for upside—or as us crypto veterans call it, "less rug potential."

On the charts, $EDGE is trading inside a classic bullish flag pattern. Price recently touched the upper boundary of this consolidation. A confirmed breakout could target the recent local high of $1.19 from April 3rd. Bulls are lined up at the flagpole like it's Black Friday.

Momentum indicators are backing this up. The Bull Bear Power indicator has printed three consecutive higher green histogram bars. Bulls are clearly running the show here, which in crypto terms means "please don't let this be the top."

But there's a wrinkle. Spot market sell-offs over the past 24 hours marked the second-largest daily outflow since launch. Still, total selling was a modest $63,000. So yeah, technically the second-biggest exodus ever, but also basically pocket change. Context is everything.

Trading volume tells a different story though. It's dropped