#LUNC Is it possible to revive to 1$ ?
Today we will talk about a Token that has made waves and also belongs to the group of giants in the crypto market.
However, I don't know if many of you here understand why LUNC died irreversibly?
That's due to the balance mechanism between USTC and LUNC. When USTC cannot hold 1$ , LUNC is immediately produced to compensate and keep USTC at $1. However, if someone intentionally brought down USTC by buying and selling low, then the amount of LUNC produced would decrease to compensate.. And until LUNC was pulled down, many people would also be afraid to sell the amount sold. A large part of the market could not digest it and ultimately it was the death of LUNC.
Currently, is there any basis for LUNC to return to its peak? In my opinion, no. Because currently, LUNC no longer has anyone managing it, it is an ownerless token abandoned and floating on the market. It is like being freely released. However, we should not underestimate it too much. When a token is unowned, some market makers will deliberately push up the price and then sell it for a profit. If we are alert and agile enough, there can be surprises very quickly. gives us maybe x2 x10 or x20.
So watch so you can make a profit, then be satisfied and leave