Deep Dive
1. Strategic Buyback (Bullish Impact)
Overview:
The Sign Foundation executed a $12M token buyback in early August 2025, removing 117M SIGN from circulation via open-market purchases (CoinJournal). While the buyback concluded weeks ago, reduced supply (1.35B circulating) and locked tokens for partnerships continue to support prices.
What this means:
Buybacks signal long-term confidence and tighten supply-demand dynamics. With 30% of SIGN’s total supply still locked, sell pressure remains contained.
What to look out for:
Q4 2025 token unlock schedules – 150M SIGN ($11.7M) could unlock soon, per July 2025 data.
2. Technical Strength (Mixed Impact)
Overview:
SIGN trades at $0.076, above its 7-day SMA ($0.0728) and 30-day EMA ($0.0719). The MACD histogram turned positive (+0.00071271), and the 14-day RSI (60.44) avoids overbought territory despite a 7-day RSI of 72.23.
What this means:
Near-term bullish momentum is intact, but the 7-day RSI hints at potential consolidation. A close above Fibonacci 23.6% ($0.0756) could target $0.0825.
Overview:
Sign’s team has teased its “Orange Dynasty” SuperApp since July 2025, with leaks and testing phases driving social engagement. Over 723 users participated in app trials, per August 18 updates.
What this means:
Anticipation for utility-driven features (e.g., on-chain attestations, rewards) keeps retail interest high. However, delayed launches risk “buy the rumor, sell the news” volatility.
Conclusion
SIGN’s 24h gain reflects lingering buyback optimism and technical strength, though broader market stagnation caps upside. The project’s ability to convert SuperApp hype into user growth will dictate sustainability.
Key watch: Can SIGN hold above $0.075 support if Bitcoin dominance (57.45%) continues rising?