Additional 1.63 billion CPT retired
Yesterday, May 28, an additional 1.63 billion CPT tokens were sent to the zero address of the Ethereum network. In total, to date, over 16 billion tokens have been permanently withdrawn from circulation. The transaction record is available on the Etherscan explorer.
This leaves just over 10 billion CPT from the initial 27 billion. Taking into account that a significant part of tokens for various reasons went out of circulation even earlier, our experts estimate the number of CPT tokens available for transactions at only 2-3 billion.
Considering a massive increase of the CPT token scarcity, as well as the growth in the LIXI value after the launch of private trading, the CPT price also shows positive dynamics. And yet the main news is still ahead. Stay tuned!