S Coin Supply Overestimation Despite Deductions

There are currently 500 million S coins held in various addresses that are likely to be deducted from the total supply, including burn addresses and bridge accounts. However, even after accounting for these deductions, the supply of S coins remains over by nearly 700 million coins. This indicates that the circulating supply of S coins is still significantly higher than the total supply minus the irretrievable coins, raising questions about the actual scarcity and potential inflation issues associated with S tokens. Investors should consider these supply dynamics when evaluating the valuation and long-term viability of S, as higher circulating supply can exert downward pressure on price and reflect on the token’s inflation control mechanisms.