To celebrate the presence of $LUNC
on Binance and their burning efforts, we are going to choose three winners! who will take home Luna Classic
It is said that there is no exact number of Binance's holdings in Luna Classic.
How to participate:
Like this post.
Comment your prediction on what price LUNA CLASSIC might reach in this bullish cycle.
Explain why you think LUNC will reach that amount.
There is no "fixed" number of LUNC that "Binance has" on their balance as a reserve. What we do know is that:
They facilitate the trading of billions of LUNC daily.
They have burned a massive amount of LUNC through their fee burning mechanism.
They maintain significant holdings of LUNC from their initial investment that they have not sold.
The amount of LUNC on the Binance platform at any given time is a reflection of the LUNC deposited by users for trading and the liquidity that the platform maintains for those operations.