We haven’t received any clarification about how CMC came up with that number but I’d be curious to know. I know angel investors have been mentioned before but idk the source of these coins - def not mining. It’s still a low circulating coin imo. If we get some real volume soon watch out.
I think CMC just follows what's on etherscan, if you go to Token Info "New" you will see: Circulating supply: 31,144,099.00 WTC