$LUNC to reach 1$
Several factors influence whether LUNC (Terra Classic) can reach $1:
1. Token Burn: A massive and sustained reduction in LUNC’s supply through aggressive burning is critical. With trillions in circulation, reaching $1 without major burns is almost impossible.
2. Community Support: A strong, active, and coordinated community can drive awareness, adoption, and pressure exchanges for burns and listings.
3. Market Sentiment: Positive sentiment across the broader crypto market, especially Bitcoin’s performance, can heavily impact LUNC’s price.
4. Utility and Development: Real-world use cases, new apps, and ecosystem development around LUNC can add real value.
5. Regulatory Clarity: Favorable or at least neutral regulatory news helps maintain investor confidence.
6. Major Exchange Listings: More listings or re-listings on top exchanges like Coinbase could create buying pressure.
7. Whale and Institutional Interest: Large buys and endorsements can rapidly push the price up.
Supply After Burn
Price Target Required Market Cap
5.5 trillion (current) $0.0001~$550 million
550 billion $0.01 ~$5.5 billion
55 billion $0.10 ~$5.5 billion
5.5 billion $1.00 ~$5.5 billion
1 billion $5.00 ~$5 billion
DYOR