now reason with me, imagine a situation that occurred last month, Lunc was 0.000015$ , with just one buy order of around 100M$, 90% of the supply would be bought.
Jaimes_Diamonds
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Bullish
FOR THOSE WHO SAY THAT LUNC WILL REACH $1 #LUNC $LUNC #LUNA✅ ✅ The cryptocurrency that reached nearly $119 was not the current LUNC, but rather the original LUNA (now called LUNC) before its collapse in May 2022; at that peak, it had a significantly smaller circulating supply, but when LUNC was relaunched, there were already billions of tokens, making a price of $119 almost impossible, given its current circulation (billions of LUNC) is enormous. The Peak of $119 (Old LUNA): Date: Around April 2022 (April 5, 2022). Coin: It was the original LUNA (before the disaster). Circulation: It had a significantly lower total supply, allowing for that high price with a "manageable" market capitalization for the time. The Reality of LUNC (Terra Classic): The Collapse: After the collapse, a massive amount of new LUNC (Terra Classic) tokens were created to try to revive the network, resulting in a circulating supply of billions of tokens (approximately 5.4 billion or more). Implication: With such a large number of tokens in circulation, for LUNC (Terra Classic) to reach $119 or even $1 would require a gigantic market capitalization, greater than the entire current crypto market!. In summary, the legend of $119 refers to an earlier version of the coin with a very different token economy than that of the current LUNC.
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