LUNC supply burn is possible, and it’s been happening via a few mechanisms. Whether it can meaningfully reduce supply depends on burn rate vs. new issuance and long-term activity.
How LUNC burns can happen
On-chain burn tax (transaction tax)
Terra Classic can apply an on-chain tax where a portion of each on-chain transaction is burned (sent to a burn address).
The effectiveness depends on on-chain volume and the tax rate.
Centralized exchange (CEX) burns (e.g., Binance)
Some exchanges may burn part of trading fees (often from LUNC spot/margin fees) by sending LUNC to the burn address.
This can significantly increase burn volume when trading activity is high.
Community/validator/project burns
Individuals, projects, or validators can voluntarily burn LUNC.
What determines if burn will reduce supply “a lot”
Daily/weekly burn rate
Trading/on-chain activity
Any re-minting/issuance (inflation) and how it compares to burns
Time (reducing a very large supply takes sustained burns over a long period)
If you want, I can check burn-related info for you on Binance
Tell me what you mean by “possible”:
Is LUNC burn supported/active on Binance right now (fee burn updates, announcements)?
How to burn LUNC yourself (send to burn address / on-chain steps)?
Whether burning can realistically reduce supply (numbers + scenarios)?
1inch Price Prediction 2030 Highlights Bullish Scenario: High-end forecasts suggest 1INCH could reach between
and
by 2030, driven by the expansion of DeFi and 1inch's role as a critical infrastructure layer. Moderate Scenario: Some models suggest a more moderate upward trajectory, with prices reaching around
to
by 2030. Bearish/Conservative Scenario: Certain analysts predict a much lower, more conservative price, with some models forecasting 1INCH below
, potentially as low as
due to market volatility and competition. #1INCH/USDT
1inch is up 1.53% to $0.0964 in 24h, modestly outperforming a flat Bitcoin (+0.57%) and a neutral broader market, primarily driven by anticipation for a future partnership discussion.
Primary reason: Beta-driven move with slight alpha from news anticipation, as the token tracked a positive market while reacting to an upcoming joint talk with XStocks on April 30.
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Near-term market outlook: If 1INCH holds above the 7-day SMA at $0.0958, it could retest the recent swing high near $0.0966; a break below risks a drop toward $0.0942. The key trigger is the XStocks discussion outcome on April 30.
Deep Dive 1. Market Beta with News Anticipation 1inch's positive move aligns with a slight uptick in the total crypto market cap (+0.56%) and Bitcoin. The modest outperformance appears linked to news of an upcoming joint spaces session with XStocks, scheduled for April 30, to discuss swap infrastructure and real-world asset (RWA) liquidity (TradingView).
What it means: The price action reflects a low-conviction, anticipatory bid for potential future utility, not a reaction to a concrete catalyst.
Watch for: Any pre-event announcements or details from the teams that could solidify the partnership's scope.
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