CoinEx Token (CET) Is Deflationary — Market Undervalues It, I See 3x Upside

Good evening. I keep insisting that CoinEx is not clearly explaining the situation with its token CET. Major aggregators like CoinMarketCap and CoinGecko — and even CoinEx’s own website — still show a total supply of 10 trillion CET and a circulating supply of 2.6 trillion, which creates the impression that the remaining 7 trillion are merely locked and await unlocking. That is misleading.

In reality, those 7 trillion CET have already been burned through buybacks or direct burns, so the true circulating supply is the 2.6 trillion and is shrinking daily as buybacks continue. The token is already deflationary, but this isn’t being communicated clearly to the market.

I believe the market is undervaluing CET given its deflationary tokenomics and ongoing burns. Based on this, the price appears significantly underpriced and, in my view, should be at least three times higher. CoinEx needs to explain the supply reductions and burn history more transparently to the public and to data aggregators.