#LUNC✅
1. Centralization and control by large players
Although cryptocurrencies are promoted as decentralized, in many cases, a large part of the supply is controlled by a few investors (the so-called "whales"). In the case of LUNC:
Large players can influence the market with mass buying or selling movements.
This control can artificially create high or low peaks, misleading smaller investors.
2. Token burning and governance
Token burning is one of the main attractions of the LUNC community. However:
The effectiveness of the burn depends on the volume of transactions and the will of the community.
There is a constant struggle over the burn rates and how to use them to benefit the ecosystem. The burn is not always as significant as expected.
If the rate is too high, it can drive away new investors or developers.
3. Abandoned or speculative projects
LUNC still suffers from the stigma of the collapse of the original Terra Luna:
Many projects that were part of the original ecosystem did not return after the crash.
LUNC’s current value is highly speculative, based on expectations and hopes that the coin will be “reborn”.
There is a risk that promises of rebuilding are more marketing than substance.
4. Price manipulation
Since LUNC has a huge circulating supply (around 5.8 trillion tokens), its price can be easily influenced:
Small capitalization increases can look like large percentage changes due to the low unit value.
“Pump and dump” is a common tactic for low-cap tokens.
5. Relationship with USTC
USTC (Terra’s former stablecoin) is still tied to the LUNC legacy: