The hype around $LUNC is soo FAKE! Don’t fall for it, and here is why.
For a token to reach $1, the circulating supply of that token must be equal to its market cap.
People keep talking about the ALL TIME HIGH of LUNC as a lure to get you to buy. And Don’t waste your time money.
When Lunc peaked in 2022 at $119.8, its circulating supply at the time was just $346 million tokens. Yes, that’s right, just $346 million and the market cap was just around $40billion.
Today, Lunc has a circulating supply of 5.43 TRILLION, from the 346 million when it was at its peak. You see the difference?
So for Lunc to reach $1, as people are hyping, its market cap must be 5.43 TRILLION..and that would be more than the entire crypto market put together plus $BTC which is around 2 - 3 Trillion. Highly impossible for Lunc. That’s the same thing with $PEPE , FLOKI, BONK, BITT, and the likes.
Just look at the screenshot below 👇🏾
So don’t flow hype, follow strategy.
