5 million bottom-hunting altcoins, the number one in the entire network.
Public position.
I will never sell without 100 times.
Reasons why I bottom-hunted this hundred-fold coin.
#币安Alpha上新
1. The market cap is very low, it has been washing for 3 years, only 300 million USD, which is less than one thousandth of Ethereum.
2. Top-tier deflationary public chain, this is the only blockchain in the market that imposes heavy taxes on institutional whales. Transferring 10 billion requires burning 5 million LUNC, the deflation rate is the fastest among all public chains, and the deflation capability is the strongest.
3. 50% of transaction fees will be burned, not only is there a 0.5% whale tax on-chain, but 50% of the transaction fees on Binance LUNC will be burned.
4. 100% decentralization, all tokens are minted by retail investors, no one has control, completely decentralized like Bitcoin.
It should be noted that Ethereum, the second largest by market cap, is only 50% decentralized; 50% of its tokens are minted by retail investors, while 50% are minted by the founders.
5. Pioneer of algorithmic stablecoins, its significance is comparable to Bitcoin as a pioneer of blockchain and Ethereum as a pioneer of smart contracts. According to the latest algorithmic stablecoin proposal, algorithmic stablecoins are being restarted. Moreover, the restart will not mint LUNC, 3 billion LUNC will be burned, and 500 million will be used for repurchasing and burning USTC to restore the USTC peg.
I believe that any coin with some narratives (deflationary narrative, decentralized narrative, 50% transaction fee burn) will have a market cap of 10 billion USD, not just 300 million USD.
What gives me the greatest confidence is still Binance, where 50% of the LUNC transaction fees will be burned, which is the greatest support and the strongest confidence. Image 1
Public position.
I will never sell without 100 times.
Reasons why I bottom-hunted this hundred-fold coin.
#币安Alpha上新
1. The market cap is very low, it has been washing for 3 years, only 300 million USD, which is less than one thousandth of Ethereum.
2. Top-tier deflationary public chain, this is the only blockchain in the market that imposes heavy taxes on institutional whales. Transferring 10 billion requires burning 5 million LUNC, the deflation rate is the fastest among all public chains, and the deflation capability is the strongest.
3. 50% of transaction fees will be burned, not only is there a 0.5% whale tax on-chain, but 50% of the transaction fees on Binance LUNC will be burned.
4. 100% decentralization, all tokens are minted by retail investors, no one has control, completely decentralized like Bitcoin.
It should be noted that Ethereum, the second largest by market cap, is only 50% decentralized; 50% of its tokens are minted by retail investors, while 50% are minted by the founders.
5. Pioneer of algorithmic stablecoins, its significance is comparable to Bitcoin as a pioneer of blockchain and Ethereum as a pioneer of smart contracts. According to the latest algorithmic stablecoin proposal, algorithmic stablecoins are being restarted. Moreover, the restart will not mint LUNC, 3 billion LUNC will be burned, and 500 million will be used for repurchasing and burning USTC to restore the USTC peg.
I believe that any coin with some narratives (deflationary narrative, decentralized narrative, 50% transaction fee burn) will have a market cap of 10 billion USD, not just 300 million USD.
What gives me the greatest confidence is still Binance, where 50% of the LUNC transaction fees will be burned, which is the greatest support and the strongest confidence. Image 1