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May’s CET burn is in the books.
16.1M CET just came off the market, taking another chunk of supply out of circulation.
Most traders focus on price. I pay attention to supply.
Over 7.48B CET has now been burned and these buyback cycles keep doing the same thing, reducing available tokens while the exchange keeps operating.
Not a catalyst by itself but definitely not something I ignore when looking at the bigger picture.
Shared via @coinexcreators
$CET #CoinEx