I don't see how listing on hitbtc will increase price. It tanked almost immediately after listing on okex. I would expect any increases. I think this token will need at least a few months to recover. I also just noticed the circulating supply is now 2million. Wasn't it 325 million a few days ago ? How did this happen ?
The recent mass selling of UTK token was the cause of circulating supply decline. Circulating supply is the total tokens in tokens hand. It can change from time to time depending and not fixed.
Also it's 200M around acc. to CMC. Check CMC Faq:
https://coinmarketcap.com/faq/ to know about market terms and how they get certain figures about a coin.
You are wrong. The supply can only be reduced if the coins are burned!!! Selling has nothing to do with it. If someone sold, someone else bought. If someone sells the coin, it is not destroyed...
You rather hold CMC's stats also as correct? I know what is selling and what is burning also it was mentioned that Utrust would be burning some coins every year but I don't think they reserved like 100M tokens to be burned.
Either way there wasn't any announcement as of burning coins so it is hard to believe that they did that.
but what about bounty coins, they will also be burned part? Yet 5% of tokens are a large percentage.
sorry if this has already been discussed, there is no time to follow everything ...