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lilLu

01/07/22 3:56 PM

#18493 RE: Oh The Wise Guy #18477

India covid relief fund has put most of the 50 trillion back into circulation.
https://etherscan.io/token/0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce?a=0x68a99f89e475a078645f4bac491360afe255dff1
With the remaining 500 trillion still locked up. When you look at the exchanges that say circulating supply that's incorrect. There's not 500+ trillion circulating. That number just reflects total supply. Eventually, those tokens will be unlocked but it won't affect ppc as that's already reflected in our current price since we are built on a deflationary model and that number already reflects total supply. It's not like a stock with outstanding, then they issue more shares and OS goes up, having a negative impact on pps. That's what I make of it anyway.
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