GTech Network GTC Supply: Why Does the Website Still Show 1B?

Yash Shelke
Yash Shelke
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GTech Network GTC supply showing 9.5B burned

GTech Network GTC Supply: Is 500M the Circulating Supply?

GTech Network says it has completed a fifth token destruction, cutting GTech Network GTC supply down to a stated 500 million maximum. Its own official website, however, still displays figures from before that event.

gtc 5th supply burn event

The announcement lists a BSC transaction hash confirming the burn on-chain. This GTech Network GTC supply update covers what actually changed, and the gap between the new announcement and GTech's published tokenomics page.

5th Burn Event Completed

The project confirmed its fifth supply token destruction, removing 200 million GTC in this latest event. That brings cumulative burns to 9.5 billion tokens, or 95% of the original 10 billion supply, with a transaction hash posted for verification.

Burn Event

Cumulative Burned

Stated Max Supply

Original supply

10 billion

Earlier burns

9.0 billion

1 billion

4th burn

9.3 billion

700 million

5th burn

9.5 billion

500 million

This is the second consecutive reduction to token supply in recent weeks, following the 4th token destruction that had already cut the stated maximum from 1 billion down to 700 million.

Website Still Shows 1B

This is the discrepancy worth documenting directly. GTech's own official website currently displays a "Why Choose GTC" section listing these figures: Price $0.05, Max Total Supply 10 billion, Burn 9 billion, Total Supply 1 billion.

That page reflects the tokenomics picture from before both the 4th and 5th token destruction events. The latest announcement states a 500 million maximum supply, while the live website still shows 1 billion. Neither figure has been reconciled publicly as of this writing.

What the announcement says:

  • 9.5 billion tokens burned cumulatively

  • 500 million new maximum supply

  • Transaction hash provided for verification

What the website still shows:

  • 10 billion max total supply

  • 9 billion burned

  • 1 billion total supply

GTech Network GTC Supply: Maximum Versus Circulating

A lower maximum supply is not the same as a lower circulating supply. The 500 million figure sets an upper limit on tokens that can exist, based on burns completed so far. It does not disclose how many GTC are currently held by users, locked in mining or airdrop allocations, or still controlled by the project itself.

Readers following GTech Network supply changes should treat the 500 million figure as a ceiling, not a confirmed circulating total. GTech has not published an updated allocation breakdown alongside this token destruction announcement.

A few things the project has not yet clarified:

  • Whether the website's tokenomics page will update to match the new figures

  • The current circulating supply following this token destruction

  • Whether further burns are planned beyond 500 million

  • How mined and airdrop allocations are affected by the reduced maximum

The Bottom Line

This round of GTech Network GTC supply cuts is verifiable on-chain through the provided transaction hash, but the project's own communication has not caught up with it. Until project updates its website to match the 500 million figure, readers checking different official sources will see conflicting numbers. As the listing date is near, the listing is scheduled on 28th september. The burn itself does not establish anything about GTC's future price or circulating supply.

YMYL Disclaimer: This article is for information purposes only and is not financial, investment, or trading advice. All figures are based on official GTech Network sources, including its social media announcement and website, available at the time of writing. Supply figures, burn totals, and circulating supply data are project-stated or self-reported and may not reflect the project's most current internal figures. Crypto assets are volatile and carry risk of loss, including full loss of funds. Data here reflects information available as of September 22, 2026. Always verify current details directly with the official project and consult a licensed advisor before making investment decisions. 

Yash Shelke

About the Author Yash Shelke

English News Writer at coingabbar.com

Yash Shelke is a crypto content writer with hands-on experience in blockchain, cryptocurrency markets, and Web3 ecosystems. He specializes in delivering timely crypto news, in-depth token analysis, and insights driven by on-chain data and market trends.

With a technical background in blockchain and finance , Yash brings a data-oriented and analytical perspective to his writing. His work focuses on decoding complex market movements, covering high-volatility events, and simplifying DeFi, altcoins, and macro crypto cycles for a wide audience.

He aims to bridge the gap between technical blockchain concepts and practical market understanding—helping both retail investors and experienced traders make informed decisions through clear, research-backed, and engaging content.

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