In my opinion, with $LUNC ’s circulating supply sitting around 6 trillion, the upcoming burn of about 250 billion on October 31st probably won’t have a huge impact. This amount only covers around 3-4% of the total supply, which doesn’t seem enough to trigger a major price surge. While it's a move toward reducing the supply, I just don't think it's substantial enough to really "skyrocket" the token’s value.
What do you think?
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