Can LUNC Reach $100?
If the LUNC community was able to burn enough #tokens , then technically yes, LUNC could reach $100.
Assuming LUNC maintains its current $600 million #marketcap , LUNC at $100 would imply a 6 million token supply.
But LUNC’s current token supply is over 5.8 trillion. To get to a 6 million token supply, 99.99999% of the supply needs to be burnt.
Market cap expansion could help reduce how many token burns would be required to get LUNC to $100.
But LUNC lost all its utility when the Terra #ECOSYSTEM collapsed back in May 2022.
$LUNC is basically just a speculative shitcoin at this point. Sure, it could see random 2-3x pumps as risk appetite surges.
But it’s unlikely to become a multi-billion dollar crypto in the long run.
Whilst its possible, it remains highly unlikely #LUNC✅ will ever reach $100.
