$LUNC Do Kwon's sentencing indeed affects the LUNC price, but only in the short term
Short term (24–72 hours): Extremely significant impact • Leverage surges dramatically • Trading volume skyrockets • Price experiences severe fluctuations
Medium term (3–7 days): Quickly diminishes • Trading returns to normal • Price returns to range
Long term ( >7 days): Impact approaches zero • Do Kwon is no longer involved in the LUNC ecosystem • LUNC is completely a community chain • Price in the long term is determined by burning, supply and demand, and application, rather than by Do Kwon
$LUNC LUNC needs to reach $1, and the supply must be reduced to around '10 billion to 100 billion' This means burning approximately 95% to 99.8% of the total supply.
Currently, the supply is about 5.7 trillion, so:
To achieve $1, it is necessary to burn about 5.6 to 5.69 trillion LUNC.
This is an extremely large scale of burning, which is almost impossible to achieve with the current mechanisms.
Here’s a more realistic reason: regardless of which stage you are in the bull or bear market, gaming has always been a sector that can 'cycle emotional consumption.' When others lose money, they may give up, but players who lose money might continue to log into the game, at least they can still gain some emotional value. If XAI can really smooth out the line of 'entertainment + assets,' even if the market fluctuates greatly, its ecological activity may still be relatively resilient. For long-term investors, this 'self-buffering' property is a rare form of defense.
@XAI_GAMES @CZ @Yi He $XAI {spot}(XAIUSDT)
Special Note: XAI's largest investor, Ex Populus, is taking legal action to protect the XAI brand. As confusion surrounding Elon Musk's AI company (xai, parent company of Grok) intensifies, protecting the brand that the community trusts is an important responsibility. For more details, please see http://news.expopulus.com.
If you are the kind of person who enjoys "browsing projects," you might try looking at XAI from a different perspective: it is not a single game, but a whole street of continuously updated content, a "main street of games." Every so often, new studios bring their projects up, older IPs make their on-chain versions, and new IPs start from here. You can think of yourself as a shopper, not in a hurry to check out at any store, but rather to walk through the entire street, feel the atmosphere and density, and you'll have a good idea of whether this street is worth visiting regularly.
@XAI_GAMES @CZ @Yi He $XAI {spot}(XAIUSDT)
Special notice: XAI's largest investor Ex Populus is taking legal action to protect the Xai brand. As confusion surrounding Elon Musk's AI company (xai, parent company of Grok) intensifies, it is an important responsibility to safeguard the brand trusted by the community. For more details, please visit http://news.expopulus.com.