🔥 $LUNC
Reality Check – Forget the 2T Burn Hype 🤡
Crypto Twitter is buzzing with claims of a 2 trillion LUNC burn in 10 days. Let’s break it down:
🔹 SEC Settlement? That $4.5B deal wrapped up in 2024 — nothing new.
🔹 Terraform Bankruptcy? Assets < $100M. No way they fund a “mega burn.”
🔹 Actual Burns? Binance monthly burns (1–2B) + 0.5% tax. That’s a slow trickle 🌧️, not an explosion.
👉 No SEC mandate. No governance vote. No bankruptcy plan. Just classic CT copium.
Unless Gary Gensler has a secret hobby of torching tokens, the “2T burn” is pure fantasy.
Stay focused on fundamentals, not fairy tales. 📊