The latest data shows that the total amount of LUNC Token has decreased by 34.75 million today, with a total reduction of up to 3.2 billion this month. This ongoing Token burning process is providing solid support for the value of LUNC and has become an important source of investor confidence.
Analysts point out that LUNC currently has a relatively low market value, and there is still considerable room for growth compared to other well-known cryptocurrencies. Some believe that once market sentiment changes, LUNC may experience a significant price increase, with substantial potential for profit. However, investors should also be aware that the cryptocurrency market carries high risks and price volatility is severe. Although the token burn progress of LUNC is encouraging, its future performance still depends on various factors, including the overall market environment, project development, and regulatory policies. Overall, the continuous token burning of LUNC undoubtedly adds to its appeal, but investors should remain cautious and comprehensively assess the risks and rewards when making decisions.
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DaiDing
· 10-02 12:07
In a year, only 40 billion is reduced, the total amount needs to be 55 trillion, and only 400 billion will be destroyed in ten years, which is less than a fraction.
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GateUser-8adb851f
· 10-01 12:12
The current circulating supply is 5.51 trillion coins. At a rate of 3.2 billion coins burned per month, it would take about 143 years to burn it all. Where is the confidence in that? You say there’s hope if a thousand billion coins are burned in a month, that’s more like it.
The latest data shows that the total amount of LUNC Token has decreased by 34.75 million today, with a total reduction of up to 3.2 billion this month. This ongoing Token burning process is providing solid support for the value of LUNC and has become an important source of investor confidence.
Analysts point out that LUNC currently has a relatively low market value, and there is still considerable room for growth compared to other well-known cryptocurrencies. Some believe that once market sentiment changes, LUNC may experience a significant price increase, with substantial potential for profit.
However, investors should also be aware that the cryptocurrency market carries high risks and price volatility is severe. Although the token burn progress of LUNC is encouraging, its future performance still depends on various factors, including the overall market environment, project development, and regulatory policies.
Overall, the continuous token burning of LUNC undoubtedly adds to its appeal, but investors should remain cautious and comprehensively assess the risks and rewards when making decisions.