Profit-taking $LUNC and the risk potential with $LUNC

If you don’t have a recommendation or don’t rely on your own analysis, don’t risk your money; follow and don’t go with the herd #BinanceSquare

What is happening now with LUNC

The price of LUNC has recently started to rise; last week saw a significant increase (sometimes nearly +40-50%) driven by a number of factors such as token burning ("burning" a large amount of the currency) and network upgrades.

The supportive community for LUNC has removed hundreds of billions of the currency from circulation — reducing supply and trying to create a state of scarcity.

There is increased activity on the network — technical updates to improve stability and support from major trading platforms.

But… why is it a “risky deal”?

Despite the burning and updates, the total supply is still very large — meaning that any significant price increase requires large and sustained demand.

The rapid jumps in price are often driven by “hype / collective sentiment / FOMO” more than substantial changes in the network or usage.

Betting on the future: Many predictions assume that the burning efforts and community will continue — if these efforts stop or weaken, the price could collapse again.

Is LUNC a “deal” — potentials and risks

Potentials / Pros 📉 Risks / Cons

Reduced supply through burning → theoretically pressure on the price The supply is still very large → risks of permanent inflation

Technical payments and network updates may attract developer interest