🔥 Why burn $LUNC when there are trillions of them?
This is a common question in the comments, and it’s a fair one.
Here’s the logic: burning permanently removes tokens from circulation. The supply goes down, so with the same demand, each token is worth a little more.
But let’s be honest and look at the numbers:
▪️ Around 5.5 trillion $LUNC are in circulation
▪️ Binance burned 334 million—that’s 0.01%
▪️ Around 460 billion have been burned in total
Burning is happening steadily, but it can’t move the price on its own. Demand is also needed: news, liquidity, and market interest.
So both those who believe in LUNC and those who are skeptical are right in their own way. DYOR
What do you think—will burning alone be enough? Share your thoughts in the comments 👇
#terraclassic #lunc
This is a common question in the comments, and it’s a fair one.
Here’s the logic: burning permanently removes tokens from circulation. The supply goes down, so with the same demand, each token is worth a little more.
But let’s be honest and look at the numbers:
▪️ Around 5.5 trillion $LUNC are in circulation
▪️ Binance burned 334 million—that’s 0.01%
▪️ Around 460 billion have been burned in total
Burning is happening steadily, but it can’t move the price on its own. Demand is also needed: news, liquidity, and market interest.
So both those who believe in LUNC and those who are skeptical are right in their own way. DYOR
What do you think—will burning alone be enough? Share your thoughts in the comments 👇
#terraclassic #lunc