When the overall market is crashing but LUNC is still up (+15%), it usually means a few things are going on:
Why LUNC can be green during a market crash
๐ฅ Token burns: Any spike in burn rate (Binance burns, on-chain burns) often gives LUNC short-term strength.
๐ Whale accumulation: Big players sometimes buy when fear is high.
๐ง Speculation & hype: LUNC still moves a lot on sentiment and community news.
๐ Low correlation: Small-cap coins donโt always follow BTC immediately.
Why LUNC can be green during a market crash
๐ฅ Token burns: Any spike in burn rate (Binance burns, on-chain burns) often gives LUNC short-term strength.
๐ Whale accumulation: Big players sometimes buy when fear is high.
๐ง Speculation & hype: LUNC still moves a lot on sentiment and community news.
๐ Low correlation: Small-cap coins donโt always follow BTC immediately.