LUNC/USDT won't hold this pump for long, just like usual. Why?
The prevailing theory is that we're seeing a speculative spike in May, followed by a 'retest' of support levels in June. For the $LUNC to maintain an upward trajectory beyond $0.00011, there absolutely needs to be a major fundamental announcement (like a new burn partner or concrete progress on the repeg of the $USTC ). Without that, the technical hype could fizzle out partially by July.
All the cards are on the table for LUNC to experience this pump, and there's nothing left in the drawer for the next 5 months.
The prevailing theory is that we're seeing a speculative spike in May, followed by a 'retest' of support levels in June. For the $LUNC to maintain an upward trajectory beyond $0.00011, there absolutely needs to be a major fundamental announcement (like a new burn partner or concrete progress on the repeg of the $USTC ). Without that, the technical hype could fizzle out partially by July.
All the cards are on the table for LUNC to experience this pump, and there's nothing left in the drawer for the next 5 months.