Hi guys today we would analyse weather Lunc once popular and now a shitcoin Reach 10 cents In future?
What we already know ?
We know that Luna was once a high quality coin before the depegging of ust ( The stable coin of lunc’s foundation ) which led to a crash of Luna to almost zero and it being rebranded as Lunc , and all the users got Some low amount airdrops. Since then Lunc has Rosen from the point it was at the crash and also has given some significant pumps.
Some important factors
1. Lunc currently is puprosed for a tax burn of 0.5% per transaction.
2. The community has over the time shown support Towards the project through social media.
3. New proposal’s are introduced at regular times.
Current details
Lunc current Supply :- 5808 Billion.
Max supply :- Unlimited
Current price :- 0.000079
So can LUNC reach 10 cents ?
With current supply Lunc would need to have a marketcap of 580 billion at 10 cents Something very close to Btc. So at this supply It’s impossible to reach 10 cents.
But if 50% of the supply is burnt and Lunc grows 25% every year then Lunc have a slight chance of reaching the price in 28 years.
Final words
although all the mad things are possible in crypto Lunc reaching 10 cents is next to impossible. and even if it does it would require a lot of time to do so.
Do you think lunc Can make it ?
