$LUNC
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LUNC – The Harsh Truth
Look at $LUNC. Despite years of effort, it hasn’t even recovered 0.01% in almost four years—it’ll be four years in May, and still no real progress. The main reason is the slow and messy development. No new developers want to work with Terra Classic because of constant drama caused by a small group of community members. These people are killing the project with their ego and chaos.
Everyone is just relying on Binance, hoping that one day Binance will magically burn trillions of $LUNC tokens overnight—which is just a fantasy.
The real problems with Terra Classic are:
Still Controlled by TFL, LFG, and Do Kwon – The community doesn’t have full control over the chain.
Hidden Large Supply – There’s a massive hidden supply of tokens. If that’s ever burned, maybe we’d see a supply around 500 billion to 1 trillion.
Community Division – One group supports CEX (centralized exchanges), while another supports DEX (decentralized exchanges).
Lack of Strategy – Instead of focusing on rebuilding trust with investors, whales, or institutions, many are just focused on personal gain.
No Leadership – There’s no real leader. Some claim to be legends or saviors, but they’ve only pushed away experienced developers and old volunteers.
Fake Hype – Useless, fake tweets on X (Twitter) are everywhere, trying to create fake hype.
Conclusion:
The price of LUNC keeps dropping. Trust is fading. People are losing their hard-earned money while dreaming of $1, $0.1, or even $0.01—but with the current state of the community, that dream is nearly impossible.