Exchange burns are very important, they decrease demand even though the largest volume is in the hands of LUNC holders.
If each LUNC holder burned 1/3 of their crypto, the rebound would be tremendous and immediate.
The problem is wanting to reach $1 without losing a single crypto.
If each user set aside greed and burned 1/3 of their capital, the increase would be imminent and immediate.
We cannot expect large and significant increases if everyone does not participate.
It's better to have $300,000 or $600,000 in hand than the utopian figure of $1,000,000 waiting greedily without supporting the burning process.
It's an opinion.