$WING Based on the provided tokenomics and statistics from the official website, several observations can be made:
1. Limited Max Supply: The cryptocurrency has a capped max supply of 5,000,000 tokens, indicating a predetermined scarcity.
2. Circulating Supply Management: The circulating supply (3,936,496.64) is less than the total supply (5,000,000.00), which suggests that not all tokens have been released. This could potentially create scarcity dynamics, influencing demand.
3. Daily Distribution and Burn: The daily distribution of 2,592.00 tokens, along with a daily burn of 1,036.80 tokens, results in a net daily distribution of 1,555.20 tokens. The net increase in circulating supply may impact market dynamics.
4. Ongoing Token Burn: The presence of a daily burn indicates a mechanism to reduce the token supply over time, potentially contributing to scarcity. #WING DYOR
$WING Let's talk about Circulation Supply which is 3.94M, increased by 0.02M as compared to the last month . However, no significant impact on asset's price has been observed so far. Good to say that 1.06M coins are still in holding either by the investors or burnt/minted (If someone have details, please share), waiting for the right time to sell. Exceptionally, if the circulation supply continuously increases, we may experience another decline.