$LUNC | From Moonshot to Meltdown: The Harsh Truth
Once upon a time,
$LUNC (then $LUNA) was a titanâboasting a $40 BILLION market cap with just 340M tokens in circulation. Price? A scorching $117.65.
Then came the crash.
The moment UST (its algorithmic stablecoin) lost its peg, the system kicked into survival modeâflooding the market with tokens to defend the peg. The result? LUNAâs supply exploded into the trillions, dragging its value straight off a cliff.
Today?
Market cap: $322M
Down 99.2%
Trillions in supply
And a mountain thatâs nearly impossible to climb again.
Letâs break it down:
To return to $117.65, LUNC would need to:
Shrink its supply to <500M tokens
Or somehow hit a market cap near $40B again
Spoiler: thatâs not happening any time soon.
Even if LUNC burns down to 2.5T tokens AND hits a $1 trillion market cap, price only reaches ~$0.40âstill 60% below its all-time high.
So when people say âLUNC to the moon!â, ask them this:
Are you betting on factsâor fantasy?
Massive burns + massive liquidity = the only way out.
But without both, recovery remains just a dream.
Skip the hype. Follow the data. Trade smart.
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