It will change the access time too. Almost every suggestion in the post has this problem which is unfortunate since access/modify/create time are used in a lot of scripts to see which files were or were not processed by prior runs of a script (whether this is a good idea or not).
It is very difficult to write truly idempotent bash scripts (consider log files). Creating sort of idempotent or at least rerunnable scripts would be nice but I think even that would take more care than this.
Do people actually use access time for anything?
I occasionally do full-text searches on system files, and this resets access times on all files. Thus, I cannot imagine using a script which cares about it.
Every call to touch will alter the modification time of the file (example.txt in this case).