🔥 The Myth of $1.00 LUNC: Why "Coin Burning" Won't Save Your Capital (Market Math)
Introduction: The "Burning" Trap
In the crypto community (especially around Terra Classic / LUNC), there is ongoing talk that "coin burning" will raise the price to $1.00. This misleads many newcomers, prompting them to buy a declining asset.
I figured out the numbers, and here's why LUNC will never reach $1.00, even if it burns for 10 years.
In the crypto community (especially around Terra Classic / LUNC), there is ongoing talk that "coin burning" will raise the price to $1.00. This misleads many newcomers, prompting them to buy a declining asset.
I figured out the numbers, and here's why LUNC will never reach $1.00, even if it burns for 10 years.
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LUNC
0.00004339
-1.18%
BTC
88,774
-1.48%