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$LUNC
more more burn.. like this it's still not enough.. it has to increase even more 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
#binance
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$LUNC today 🔥🔥🔥🔥🔥☄️
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To estimate how many millions of LUNC need to be burned daily for the price to reach $0.10 by 2029, let’s follow these steps: 1. Define the Parameters • Target price: $0.10 • Target year: 2029 (about ~4 years from now) • Current supply: ~5.8 trillion LUNC • Required market cap: Assuming a realistic market cap of $100 billion. Conclusion To push LUNC to $0.10 by 2029, approximately 3.29 billion LUNC would need to be burned every day for 4 consecutive years. Is This Realistic? • Currently, the daily burn rate is much lower. • To reach this level, it would require: ✅ Higher transaction tax rates to increase the burn rate. ✅ Community incentives to voluntarily burn LUNC. ✅ Wider adoption of LUNC in high-transaction industries.#Binance #LUNC✅
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$LUNC Here’s an estimate of how long it would take to reduce the USTC supply from 8.8 billion to 1 billion, based on different tax rates on trading volume (assuming a daily trading volume of 100 million USTC): Tax Rate Estimated Time to Repeg 0.5% 15,600 days (~42.7 years) 1.0% 7,800 days (~21.4 years) 1.5% 5,200 days (~14.2 years) 2.0% 3,900 days (~10.7 years) Observations • Even with a 2% tax, it would still take over 10 years to reach 1 billion USTC. • If the trading volume increases, the burning process will accelerate. • A higher tax rate will reduce supply faster, but it may also discourage trading, lowering effectiveness. #BinanceAlphaAlert #NewsAboutCrypto
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$LUNC To calculate the market capitalization required for LUNC (Terra Classic) to reach $0.10, we use the formula: Current LUNC Data (February 2025) • Circulating supply: ~5.5 trillion LUNC (subject to changes depending on the burn) Calculation for LUNC at $0.10 0.10 x 5.5 trillion= 550 billion dollars   Feasibility Analysis • $550 billion would mean LUNC surpassing Ethereum’s current market cap (~$400B) and approaching Bitcoin’s valuation. • To achieve this, a massive burn would be necessary, significantly reducing the circulating supply. #burning #Binance
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Terra Luna Classic v3.3.0 Chain Upgrade Proposal Software upgrade proposal 12148 titled “Upgrade to v3.3.0” is under voting on the Station wallet. The Terra Luna Classic upgrade proposal is added by popular developer StrathCole, as per GitHub data. If the proposal is passed, the chain will be halted block height 21163600, approximately on December 17 at 12:57:47 UTC. The chain upgrade proposal seeks LUNC validator and community approval to update the terrad client to v3.3.0. The upgrade introduces a new simplified tax handling. This helps boost utility on the Terra Luna Classic, removing barriers for developers and dapps wanting to build on the chain. The voting details indicate validators and delegators are in favor of the long-awaited upgrade. All 39 validators who participated in voting, including JESUSisLORD, Burrito Node, Vegas Node, and TerraCVita, have voted “Yes,” indicating major support for the proposal.#LUNC✈️ #news #lunc
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