On this day in 2021, crypto witnessed one of the biggest panic sell events in market history.
Nowadays, even a 10–15% dump feels brutal, but exactly 5 years ago, Bitcoin crashed nearly 31% in a single day. Ethereum, BNB, XRP, ADA, and almost every major coin got absolutely destroyed that day.
The main reason behind the crash was China heavily intensifying its crackdown and ban on crypto mining and trading.
Anyone who survived that event probably still remembers the fear, liquidations, and chaos across the entire market. 😭
$LUNC $1 is not the end it’s only the beginning. 🔥 The chart may fall but belief in the project never does🔥 When the fearful run away the true believers rise. 💪 The LUNC community never gives up they push the coin back toward the top. 🚀 📈 The dip is temporary 🔥 The burn continues 💎 And the target is bigger than anyone expects
Just in case you grouped $LUNC with meme coins because of supply. But unlike most memes, $LUNC was built as a real blockchain ecosystem with utility, governance, staking, and continuous development
Memes run on hype. $LUNC runs on infrastructure, community, and relentless burns.
Smart money is rotating into sectors tied to privacy, regulation, tokenization, and institutional finance. The biggest moves usually start before the crowd sees the pattern. 👀⚡
I still remember very clearly that in 2020, when $DOGE s market cap was around $300 million, many people told me that the market cap was too high and had no potential anymore, and say me shouldn't buy it.
Then, in just one year, $DOGE pumped 200x , surprising everyone, and Elon Musk was the person behind this project.
My lesson learned is that in this crypto market, market capitalization is just an illusion.
The important thing is the circulating supply, which should mostly be held by the team, and if the project has a good trend and good cash flow, then it's a quality project with potential for price increase.