Token Supply Surge Sparks Weak Price Action Across Crypto Market

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An examination of the recent tokenomics data reveals a disturbing trend. The tokens with the most substantial increases in their circulating supply over the past 30 days have, without exception, underperformed. While we have seen supply expansions that are nothing short of astonishing—some tokens saw their supply rise by more than 70%—the market has reacted with a resounding shrug, sending prices down and not coming close to absorbing the additional float. The information sheds light on a persistent problem in the cryptocurrency world: even eminent digital currencies seem unable to keep their prices stable under the deluge of new coins

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