$LUNC
LUNC
0.00009059
-11.92%
LUNC
0.0000975
-0.23%
Right now, LUNC has a very large circulating supply.
A 90% burn would reduce supply massively, which usually increases scarcity and can push price upward.
Example:
Suppose supply drops from around 6 trillion to 600 billion
That is still a huge number of coins
For LUNC to reach $1, the market cap would need to become hundreds of billions of dollars
At $1 with 600 billion coins:
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That would make LUNC larger than many of the biggest cryptocurrencies in the world.
So realistically:
90% burn alone → probably NOT enough for $1
But it could potentially push LUNC into:
fractions of a cent
maybe several cents
higher if utility, adoption, staking, and trading volume grow strongly#lunc