billion tokens in the circulating supply are on Kucoin? I've been told it was mentioned in one of the recent streams?? If this is true, then I don't believe the term decentralised is apt.
I’m not sure if this is true btw, but even if, it would be more a reflection of the current economic climate of the crypto industry as a whole. Personally, I see DeFi as the goal, but presently, it perhaps requires some scaffolding and fiat ramping as it scales. My feeling is that circulating supply in 5 years time will look very different.
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