Resolv Team Members Deny Foundation Token Sale Allegations: 1.6 Million RESOLV Repurchased at an Average Price of $0.15

Tim Shekikhachev, a member of the Resolv team, posted on X stating that Resolv has released over 15% of its token supply to the market, including airdrops, market maker inventories, and incentive budgets. The majority of these tokens have gone to early users who have supported the protocol long before the token generation event. Some investors, anticipating public market sell-offs, have shorted the token and plan to buy back at lower prices. Given the typically aggressive selling that follows airdrops, this strategy is reasonable, as savvy investors seek to re-enter at lower valuations for greater returns. Tim added that the Resolv Foundation has not sold any tokens during this period. In fact, at current price levels, they are firm buyers—having purchased 1.6 million RESOLV at an average price of approximately $0.15 over the past 24 hours.