💣LUNC Experiences a Destruction Frenzy! Binance Has Burned 73 Billion Coins, Why Is the Price Stagnant?💣
On June 19, Binance once again destroyed 24,853 LUNC, bringing this month's total destruction amount to nearly 500 million, with a cumulative destruction reaching as high as 73 billion, accounting for 17.8% of the total community destruction! The circulating supply has dropped to 6.49 trillion, seemingly increasing scarcity, yet it is difficult to unlock the gates for a price rise!
🔥 Key Reasons Revealed
👉 Trading Volume Plummets: 24-hour trading volume has dropped by 27%, and market enthusiasm has clearly cooled.
👉 Technical Signals Bearish: Death Cross + EMA Cross Below, short-term rebound momentum is insufficient.
👉 Support in Crisis: $0.000055 has become a lifeline, falling below this may lead to a drop to $0.000045!
🔥 Where Is the New Hope?
🌟 The Cosmos Summit is in full swing, core members of Terra Classic gather in Berlin, market modules restart, and the oracle pool plan may be a turning point!
🌟 Derivatives funding shows slight recovery, Binance's open contracts have increased slightly, which may indicate speculative funds are testing their positions.
🎯 How Should Investors Respond?
✅ Keep a close eye on the outcomes of the Berlin Summit; once positive news emerges, it may ignite a short-term market rally!
✅ Strictly control risks, maintain the key level of $0.000055, and guard against deep decline risks!
✅ Long-term focus on the scale of destruction and ecological development, as short-term volatility may conceal significant opportunities!
LUNC is at a turning point; the next step is either a counterattack or a deep fall? The market is placing its bets, how about you?🚀
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