$LUNC When Terra Luna Classic starts to go up, it almost always drops again shortly after. It’s not just because people panic sell, but due to several factors:
⸻
🔹 Too many tokens in circulation
There is an enormous supply of LUNC, which makes it very hard for the price to rise in a sustained way.
⸻
🔹 Many investors waiting to sell
A lot of people are stuck from higher prices and take advantage of any pump to exit.
⸻
🔹 Insufficient burns
Although tokens are being burned, it’s not enough to significantly reduce the supply.
⸻
🔹 Lack of new money and confidence
Not enough strong capital is entering, and many investors still don’t trust the project.
⸻
👉 That’s why the same pattern repeats: it goes up a bit, people sell, and it drops again.