According to Milk Road (@MilkRoadDaily), since February 24th, SkyEcosystem has been conducting daily buybacks averaging $600,000 worth of $SKY tokens, creating consistent buying pressure. This aggressive buyback program has resulted in a 48% increase in $SKY's price since the announcement, signaling strong bullish momentum and attracting increased trading volume. Traders are closely monitoring the ongoing buybacks as a key factor influencing $SKY's liquidity and potential for further upward price action (source: Milk Road Twitter, June 16, 2025).