CET Undervalued: Deflationary After Burns — Price Could Be 3x

Good evening. I keep insisting that CoinEx is not clearly communicating the situation around its CET token. CoinMarketCap, CoinGecko and even CoinEx’s own site show a 10 billion CET total supply and 2.6 billion CET circulating, which creates the impression that the remaining ~7 billion are simply locked and await unlocking — but that’s not the case.

Those ~7 billion CET have already been burned via buybacks or direct token burns, so the effective circulating supply is the 2.6 billion CET and continues to shrink daily as buybacks persist. CET is already deflationary, yet this tokenomics detail is not being presented clearly to the market.

I believe the market is radically undervaluing CET; based on the deflationary mechanics and shrinking circulating supply, the price should be at least three times higher. CoinEx needs to explain the burn history and ongoing buybacks more transparently to the public so investors and the crypto community understand the true scarcity dynamics of CET.