More than 1.2 billion LUNC have been burned in just 7 days - Is this the Terra Classic Spark we need?🟩🟩🟩🟩🚀🚀🚀 Will this lead to a rise in the price of the coin?

What does burning coins mean?

"Burning" is sending the coins to an unrecoverable address (burn wallet), reducing the total supply of the coin. Theoretically, the lower the supply and the higher the demand, the higher the price will be.

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🔥 Is burning 1.2 billion LUNC a lot?

To be honest?

1.2 billion seems like a large number… but the current total supply of LUNC is over 6 trillion coins.

This means:

> 🔹 1.2 billion ÷ 6 trillion = only 0.02% of the supply has been burned

Therefore, from a mathematical standpoint, this burn is not enough on its own to strongly impact the price.

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📈 Can the price rise because of the burn?

Yes, but under certain conditions:

Factor Effect on price

🔥 Increased burn rate May stimulate speculators and reduce supply

📢 Strong social media advertising Creates "FOMO" and temporarily raises the price

📊 Entry of large investors (whales) Drives the price up

🚫 Avoid mass selling by coin holders Maintains stability

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📉 When does the price not rise despite the burn?

If the burn is low compared to the total

Or if there is no real effective demand

Or if the overall market (like Bitcoin or Ethereum) is declining

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🔍 Realistic analysis:

This burn positively contributes to building trust in the project

But alone it is not enough to raise LUNC to exorbitant prices

It needs to be accompanied by a strong development plan + community support$BTC