Completed, bottom fishing, turned into a project party.
I keep telling myself, I can't add more positions, anyway, it's just earning a billion, adding more positions no longer makes sense.
I have gradually recharged 3.5 million, increasing my position to 8 billion LUNC. Holding a total amount of 1.23/1000.
I just can't understand, a $300 million market cap deflationary public chain, Binance burns 50% of trading fees on the 1st of every month, 99.9% decentralized. How can you not be tempted?
Every time I think of this, I want to invest more money.
This $300 million public chain can completely benchmark against Ethereum's $300 billion.
1. Decentralization, 99.9% of LUNC tokens are minted by retail investors worldwide, 0.1% inherited from Luna. 99.9% decentralized, while Ethereum is only 50%, with 50% of tokens minted by miners, the remaining 50% minted by founders, pre-sale allocated to investment institutions, foundations, etc.
2. Deflation, even though Ethereum's ecosystem is so vast, it still cannot achieve deflation, with total supply increasing daily, LUNC relies on a 0.5% whale tax, imposing heavy taxes on institutions and whales, leading to a total supply decrease every day, every hour, every minute. Transferring 100 million requires burning 500,000 in fees.
3. The world's largest exchange burns 50% of trading fees on the 1st of every month, on June 1st, 498 million LUNC were burned. Compared to the exchange's burn, more destruction comes from the on-chain 0.5% whale tax, with an average of 200 million burned daily over the past year.
4. Ethereum is a pioneer of smart contracts and has epoch-making significance, while LUNC has an algorithmic stablecoin pioneer, also possessing milestone significance.
5. Speaking of others, meme, DeFi, NFT, stablecoins like USDC, whatever Ethereum has, LUNC has too. Yet their market values differ by 1000 times.
Every price fluctuation drives frequent transfers from on-chain whales, and the 0.5% whale tax brings massive fee burns; heavy taxes are the foundation for public chain deflation. This is why 04653326529 and $SOL cannot achieve deflation, whereas LUNC can.
With a market cap of only $300 million, even if it rises 20 times, it would only be $6 billion, and 30 times would be less than $10 billion. In your hands, with hundreds of billions or even trillions in market value tokens, do they have deflation? Or decentralization? Or Binance's 50% trading fee burn?
With a market cap of just $300 million, deflationary public chain, 99.9% decentralized, and Binance burning 50% of trading fees on the 1st of every month, doesn't this make you excited?
