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🌖 The Ability to Burn Total Supply of Terra Luna Classic (LUNC) to 1 Billion Coins for Price to Rea
$LUNC
(VIETNAM VERSION)
The Ability to Burn Total Supply of Terra Luna Classic (LUNC) to 1 Billion Coins for Price to Reach 1 USD: Reality or Just a Dream of 'Brainless Bulls'?
1. Introduction
Terra Luna Classic (LUNC) was once a shining star in the cryptocurrency sky, but after the historic collapse in 2022, this coin has become a symbol of hope and... delusion. A significant part of the LUNC community, jokingly called 'brainless bulls', continuously FOMO (Fear of Missing Out) and pour money into LUNC with the belief that the price will reach 1 USD. But what is the reality? Is this goal feasible or just a fanciful dream?
2. FOMO Bulls and The Numbers Don't Lie
Current Supply
The total supply of LUNC is currently at 5.8 trillion coins. For the price to reach 1 USD, the market capitalization needs to rise to 5.8 trillion USD - far exceeding the total market cap of cryptocurrencies, which is currently only about 2.5 trillion USD.
Yet, many 'FOMO bulls' still blindly believe that 'if everyone HODL, the price will reach 1 USD'. This is not only illogical but also reflects a lack of understanding of how the market operates.
The Token Burning Dilemma
The plan to reduce the LUNC supply to 1 billion coins through burning mechanisms is being implemented by the community and exchanges. However:
• The current burning rate is only about 80 billion coins/year, meaning to burn all 5.799 trillion coins, it would take more than 70 years (under ideal conditions).
• 'Brainless bulls' often overlook these numbers, instead spamming forums with the mantra: 'LUNC to the Moon!'
#MicrosoftBTCInvestmentVote
(VIETNAM VERSION)
The Ability to Burn Total Supply of Terra Luna Classic (LUNC) to 1 Billion Coins for Price to Reach 1 USD: Reality or Just a Dream of 'Brainless Bulls'?
1. Introduction
Terra Luna Classic (LUNC) was once a shining star in the cryptocurrency sky, but after the historic collapse in 2022, this coin has become a symbol of hope and... delusion. A significant part of the LUNC community, jokingly called 'brainless bulls', continuously FOMO (Fear of Missing Out) and pour money into LUNC with the belief that the price will reach 1 USD. But what is the reality? Is this goal feasible or just a fanciful dream?
2. FOMO Bulls and The Numbers Don't Lie
Current Supply
The total supply of LUNC is currently at 5.8 trillion coins. For the price to reach 1 USD, the market capitalization needs to rise to 5.8 trillion USD - far exceeding the total market cap of cryptocurrencies, which is currently only about 2.5 trillion USD.
Yet, many 'FOMO bulls' still blindly believe that 'if everyone HODL, the price will reach 1 USD'. This is not only illogical but also reflects a lack of understanding of how the market operates.
The Token Burning Dilemma
The plan to reduce the LUNC supply to 1 billion coins through burning mechanisms is being implemented by the community and exchanges. However:
• The current burning rate is only about 80 billion coins/year, meaning to burn all 5.799 trillion coins, it would take more than 70 years (under ideal conditions).
• 'Brainless bulls' often overlook these numbers, instead spamming forums with the mantra: 'LUNC to the Moon!'
#MicrosoftBTCInvestmentVote
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