Post
SHAH G_CRYPTO
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🔥 Binance burns 5.31 billion $LUNC — Is a supply shock coming?
🚨 Binance executed one of the largest burn operations $LUNC
{spot}(LUNCUSDT)
in history,
removing 5.31 billion tokens permanently from circulation.
📉 What does that mean?
Reducing circulating supply
Alleviating selling pressure
Enhancing the long-term scarcity narrative for Terra Classic
⚠️ Important alert: The burn alone does not directly raise the price —
but when combined with:
Increased volume 📊
Strong community activity 🔥
Forming higher lows on the chart 📈
👉 This is where momentum starts to change.
📌 Technical outlook: If $LUNC successfully reclaims critical resistance and holds above it,
while maintaining higher lows, we could witness the beginning of a gradual recovery phase.
👀 The real question: Is this the first spark for a big comeback… or just the beginning?
🚨 Binance executed one of the largest burn operations $LUNC
{spot}(LUNCUSDT)
in history,
removing 5.31 billion tokens permanently from circulation.
📉 What does that mean?
Reducing circulating supply
Alleviating selling pressure
Enhancing the long-term scarcity narrative for Terra Classic
⚠️ Important alert: The burn alone does not directly raise the price —
but when combined with:
Increased volume 📊
Strong community activity 🔥
Forming higher lows on the chart 📈
👉 This is where momentum starts to change.
📌 Technical outlook: If $LUNC successfully reclaims critical resistance and holds above it,
while maintaining higher lows, we could witness the beginning of a gradual recovery phase.
👀 The real question: Is this the first spark for a big comeback… or just the beginning?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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