$LUNC was once worth $119—so how did it end up with a supply of 5.46 trillion and a price that’s a fraction of its peak ?
Back in 2022, it only had 344 million tokens, but after Terra’s collapse, billions were minted, inflating supply and driving down value. Burn efforts are underway, but can they make a real difference / Will it reach previous high again ?. Realistically highly impossible but at least these burns can help it reach good price.