I purchased elonomics from pancakeswap into my Trust wallet and received 29 tokens for the same. Today when I opened the trust walllet, the number of tokens available in the wallet shows only 0.19, i have raised queries oe e-mail and even on the community previously but the same has not been resolved yet. Looking to get some help with the issue. Please respond.
@Anujdewan There is no problem with the app. This token has an elastic supply.
Elastic supply tokens have a changing circulating supply. The idea is that instead of price volatility, what changes is the token supply through events called rebases.
Simple explanation. Price goes up, less tokens. Price goes down, more tokens.
I suggest you to read and understand on tokenomics of any project before investing.