Smokey the Bera, co-founder of Berachain, has publicly expressed regret over the excessive sale of BERA tokens to venture capitalists. This move has raised concerns about the long-term implications for the token’s market dynamics. In response to these challenges, the team is now focusing on a buyback initiative aimed at reinforcing the token’s supply and stabilizing its value. The discourse surrounding this decision has fueled discussion within the crypto community about the balance between institutional investment and community-driven growth. Stakeholders eagerly await the outcomes of this buyback plan, hoping it may restore trust and promote a healthier market position for BERA.