I've watched $SIGN move through its cycles without much noise. Price sits around $0.05 today, give or take a few cents depending on the hour. Circulating supply holds steady at 1.64 billion out of 10 billion total. That's roughly 16.4% exposed to the market. Market cap lands in the mid-80s million range, FDV pushes toward 520-530 million. Compared to the September 2025 peak near $0.13, the drawdown is clear on any chart. Numbers don't lie.

What stands out is how little of the supply has been released so far. The schedule remains gradual next meaningful tranche for backers shows up late April, not this month. No large cliff events in March that would force heavy distribution. Team discipline has been consistent; no visible dumps from insiders despite windows where they could have. That's observable fact, not speculation.

The protocol itself keeps delivering quietly. Omni-chain attestations process without friction, TokenTable moves volume that was already substantial pre-token. Utility was there before the listing, revenue hit $15 million in 2024 on distribution tools alone. Backers like Sequoia and YZi Labs didn't enter for quick flips; their involvement points to longer infrastructure plays. Sovereign-grade setups neutral, controllable layers for nations aren't built overnight. Pipeline exists, even if announcements stay measured.

I hold the position because the disconnect between current pricing and what's locked/undeveloped feels structural, not temporary hype fade. Dips like this extend the runway for real adoption to compound without immediate pressure.

You see the same supply math, or does something else shift your view on the setup?

@SignOfficial
$SIGN #SignDigitalSovereignInfra