Pundi X Labs has burnt a total of 34 Billion Tokens from their NPXS and NPXSXEM supply (5 billion NPXS and 29 billion tokens NPXSXEM) in an effort to reduce the total supply and to add a value to the tokens holders.
Currently the circulating supply of Pundi X (NPXS)is 234,446,468,515 NPXS (Yes 234 Billion!) and only 2.4 Billion for Pundi X NEM (NPXSXEM)!. While Bitcoin has only 16 million circulating supply. Ethereum only 95 million.
A good circulating supply creates demand with investors and stablize the price. I usually look for the circulating supply when I invest in any cryptocurrency. The more petite the circulating supply is, the more sexier it is going to look in your wallet in a few months.
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