@hotforblockchain
I'm not sure about the prices and marketcap thing so I won't talk about it now, what I know that the total supply has been reduced.
In this case , it is even more weird. The only rational explanation for marketcap increase at the same price level is that supply could have rised significantly. Reduced supply would mean the complete opposite.
I have yet to recive an answer in their telegram channel as well.
In the beginning, MTC's total supply was 1 billion and the current total supply is 783,285,021 MTC according to CMC.
This is the contract address for the burned MTC 0x34afa7ff9a8eb4d8e61145ca81e2d0dab7b03662, the amount is 216,714,979 MTC
1,000,000,000 MTC - 216,714,979 MTC = 783,285,021 MTC
So it is for sure that there is no hunky punky with the supply because everything is transparent. However, I'm not sure yet about the marketcap what you've mentioned. I hope you will get an answer from their TG.