Binance Addresses Community Concerns After Market Cap Discrepancies

The recent fluctuations in **USUAL** and **ACX** token metrics have sparked significant community dialogue. Observers noted a stark contrast between the originally reported total supply of **4 billion USUAL** and the revised figure of **338 million** that now represents the fully circulating supply. This discrepancy has raised concerns regarding **market valuation** and investor confidence. Meanwhile, **ACX** experienced a similar issue, where its initial circulating supply of **138 million** shifted to **332 million**, leading to a **2.5x increase** in its circulating market cap.

In response to these discrepancies, **Binance** has acknowledged a **data error** affecting token supply figures for both assets. The exchange clarified that it utilizes data from **CoinMarketCap (CMC)** for displaying circulation metrics on its trading platform. Subsequently, any delays in data updates from project teams can lead to inconsistencies on Binance’s interface. Binance’s prompt corrective actions underscore their commitment to ensuring the accuracy of market data and maintaining user trust.

As of December 6th, the Binance team identified inaccuracies in **ACX’s** data and collaborated with the project team for necessary corrections. For **USUAL**, differences in liquidity definitions between CMC and the project were the root cause of the data alteration. Following recent discussions, both projects have rectified their figures, reinforcing the importance of **community oversight** and user feedback in the crypto ecosystem.

Source: https://en.coinotag.com/breakingnews/usual-and-acx-token-supply-errors-binance-addresses-community-concerns-after-market-cap-discrepancies/

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