In the near future, we may witness mass burning of the coin $LUNC , this action is anticipated by everyone who is invested in this coin, and the community is also expecting this (though it's not clear which one).
By the SEC's decision, Terraform Labs and Do Kwon are obliged to conduct a burning 🔥, but as we know, not everything in our world unfolds as announced, and often events are postponed indefinitely.
But let's dream about the perfect scenario, and what if it happens that a large mountain of coins $LUNC is actually burned.
In this case, it may very well happen that the coin will jump and give returns, but one should not dream of such an outcome, as this could only be the beginning for the coin's recovery, and immediate growth should not be expected; it will take some time for the market and community to respond adequately.
Also, it is worth remembering that market makers will hold back the price so that it does not jump at once, as many will immediately sell their coins to get something out of this project, and besides us simple workers, there are also bigger players who have been constantly adding this coin to their portfolio over these 2 years to later gain millions.
Not financial advice, if you currently have a bit of spare money, then before this global event, buy a little for your portfolio, who knows, it might give returns; at least I hold it in my portfolio and expect growth.
But I am human and can make mistakes; perhaps nothing will happen, and the coin will falter and simply disappear, but for now, I see signals that a colossal leap may happen soon.
