🔥 Sudden market fluctuations
LUNA briefly broke through $0.147, soaring 32% in 24 hours; LUNC rose simultaneously, with trading volume surging by 275%, once hitting $0.000081, a new high for the year. Despite Bitcoin losing the $95,000 threshold, the Terra orphans soared against the trend, triggering increased FOMO sentiment in the community.
🤯 The triple thrust behind the surge
Judgment Day Game
Founder Do Kwon will be sentenced in a U.S. court on December 11 (prosecutors seek a 12-year sentence), with some funds betting on the logic of 'all bad news priced in,' speculating on an 'event-driven rebound' from historical cases.
The narrative of destruction stimulates
Binance continues to execute LUNC burns (a cumulative destruction of 426.7 billion coins), although the actual deflation effect is weak (current circulation of 5.84 trillion, only reducing by 0.02% per week), short-term sentiment is amplified.
Technical squeeze
Under low liquidity (LUNC's market cap is only 300 million USD), large funds can easily control the market. The surge in open contracts increases the short selling pressure and exacerbates price volatility.
⚠️ The harsh truth: the deadly hidden dangers behind prosperity
Supply pit
The total supply of LUNC is as high as 58 trillion coins; if the price rises to 1 USD, it would need to consume 200% of the total global crypto market cap (about 2.5 trillion USD) — mathematically impossible.
Do Kwon's influence has become marginal
Even if the judgment exceeds expectations, he cannot reverse the substantive collapse of the Terra ecosystem. While the community promotes upgrades (like v3.5.0), DApp activity and on-chain transaction volume remain close to freezing point.
Liquidity trap
Nearly 90% of the increase is driven by small funds below 200 million USD; once large holders sell off, the price may instantly halve.
💡 Survivor strategy: how to avoid becoming a bag holder?
Short-term ant position
Strictly follow the principle of 'position ≤ 1% of capital', set a stop-loss line (e.g., leave the market if LUNC breaks 0.000065 USD).
Beware of the counterattack on judgment day
If Do Kwon's sentence exceeds expectations, panic selling may trigger a waterfall decline, do not heavily invest before the news is announced.
Focus on the real progress of ecology
Real indicators such as on-chain active addresses and the pegging situation of stablecoin USTC reflect the project's vitality better than price fluctuations.
💎 Ultimate warning
The essence of this carnival is the showdown between high-leverage gamblers and low-liquidity markets. Historical data shows that LUNC had seven rebounds of over 50% after the crash in 2022, but each time it returned all gains within 1-2 weeks.
Remember: the rebound of a zero-value coin is both a trap and a mirror — reflecting humanity's greed for 'getting rich quickly' and forgetfulness about 'crisis'.
