#janstreet
janstreet
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$LUNC about the rumor of burning 2.7T recently. If the insider trading lawsuit between #TerraLabs and #Janstreet succeeds, the chances of this burn are pretty high. But there are 2 main issues:
*** 1 is that the lawsuit hasn't reached a verdict, and nobody knows when it will wrap up, plus it's not guaranteed that Terra will come out on top.
*** 2 is that people are just speculating that Janstreet holds 2.7T #LUNC✅ . It's not certain that this is accurate, and it might not all get burned.
But hey, if this scenario actually plays out, in a year or five, the supply could get cut in half. Prices could definitely skyrocket. :))
#WaitingForSignals
*** 1 is that the lawsuit hasn't reached a verdict, and nobody knows when it will wrap up, plus it's not guaranteed that Terra will come out on top.
*** 2 is that people are just speculating that Janstreet holds 2.7T #LUNC✅ . It's not certain that this is accurate, and it might not all get burned.
But hey, if this scenario actually plays out, in a year or five, the supply could get cut in half. Prices could definitely skyrocket. :))
#WaitingForSignals
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