BEST OPTION TO MAKE LUNC $1 IS RE-DENOMINATION.
To re-denominate the LUNC
Current Market Capitalization: $610,450,000
Current Price: $0.00009
Desired Price: $1
New Total Supply = Current Market Capitalization / Desired Price
= $610,450,000 / $1
= 610,450,000
To achieve this new total supply, we need to reduce the current total supply.
Reduction Factor = Current Total Supply / New Total Supply
= 6,771,687,013,353 / 610,450,000
≈ 11,090
Quantity to Remove = Current Total Supply - New Total Supply
= 6,771,687,013,353 - 610,450,000
≈ 6,161,237,013,353
So, approximately 6,161,237,013,353 LUNC tokens would need to be removed or consolidated through a token burn or re-denomination process.
Resulting re-denominated LUNC token:
New Total Supply: 610,450,000
New Price: $1
This process effectively reduces the total supply by a factor of approximately 11,090
To re-denominate the LUNC token and make each unit worth $1, we need to adjust the total supply.
Current Market Capitalization: $610,450,000
Current Price: $0.00009
Desired Price: $1
New Total Supply = Current Market Capitalization / Desired Price
= $610,450,000 / $1
= 610,450,000
To achieve this new total supply, we need to reduce the current total supply.
Reduction Factor = Current Total Supply / New Total Supply
= 6,771,687,013,353 / 610,450,000
≈ 11,090
Quantity to Remove = Current Total Supply - New Total Supply
= 6,771,687,013,353 - 610,450,000
≈ 6,161,237,013,353
So, approximately 6,161,237,013,353 LUNC tokens would need to be removed or consolidated through a token burn or re-denomination process.
Resulting re-denominated LUNC token:
New Total Supply: 610,450,000
New Price: $1
This process effectively reduces the total supply by a factor of approximately 11,090.
*NOTE THIS they didn't consult with community to mint current quantity but they're asking the community to buy the trash and bear cost for it's repeg .
If they could pay billions to Sec , they can return the BTC they bought with the chain funds. #CryptoAMA #Lunc2TheMoonSoon #LuncReachOneDollar #16thBTCWhitePaperAnniv
