$LUNC (VIETNAM VERSION)

The Ability to Burn Total Supply of Terra Luna Classic (LUNC) to 1 Billion Coins for Price to Reach 1 USD: Reality or Just a Dream of 'Brainless Bulls'?

1. Introduction

Terra Luna Classic (LUNC) was once a shining star in the cryptocurrency sky, but after the historic collapse in 2022, this coin has become a symbol of hope and... delusion. A significant part of the LUNC community, jokingly called 'brainless bulls', continuously FOMO (Fear of Missing Out) and pour money into LUNC with the belief that the price will reach 1 USD. But what is the reality? Is this goal feasible or just a fanciful dream?

2. FOMO Bulls and The Numbers Don't Lie

Current Supply

The total supply of LUNC is currently at 5.8 trillion coins. For the price to reach 1 USD, the market capitalization needs to rise to 5.8 trillion USD - far exceeding the total market cap of cryptocurrencies, which is currently only about 2.5 trillion USD.

Yet, many 'FOMO bulls' still blindly believe that 'if everyone HODL, the price will reach 1 USD'. This is not only illogical but also reflects a lack of understanding of how the market operates.

The Token Burning Dilemma

The plan to reduce the LUNC supply to 1 billion coins through burning mechanisms is being implemented by the community and exchanges. However:

• The current burning rate is only about 80 billion coins/year, meaning to burn all 5.799 trillion coins, it would take more than 70 years (under ideal conditions).

• 'Brainless bulls' often overlook these numbers, instead spamming forums with the mantra: 'LUNC to the Moon!'

3. Why Are FOMO Bulls Wrong?

a) Misunderstanding of Market Mechanisms

Cryptocurrencies do not operate based on blind faith. The value of LUNC must be supported by:

• A robust ecosystem to attract users.

• A clear and feasible strategy to reduce supply.

• Reasonable trust from investors, instead of blind FOMO.

But nowadays, many investors only look at the goal of 'price reaching 1 USD' without caring about whether the project actually creates value.

b) Abuse of the 'Bulls Unite' Effect

FOMO bulls often create psychological pressure on social media, urging everyone to 'hold tight' and refuse to sell, believing that 'if no one sells, the price will rise'. The reality is, selling pressure always exists, and the market does not operate solely based on unity.

c) Too Optimistic About the Token Burning Rate

Although the community has made some progress in token burning, the current rate is too slow to have any significant impact. Each time Binance announces the amount of LUNC burned, the bulls get excited, but the reality is:

• The amount of burned tokens is just a 'drop in the ocean'.

4. What Needs to Change to Escape the Delusion?

a) Focus on the Ecosystem

LUNC cannot survive long-term solely based on token burning campaigns. The development team and the community need:

• Strengthen DeFi projects and decentralized applications (dApps).

• Create real values to attract smart investors.

b) Eliminate FOMO Psychology

Investors need to avoid listening to unreasonable calls from FOMO bulls. Instead, they should carefully research the project, the burning mechanisms, and the long-term potential.

c) A Stronger Burning Plan is Needed

Currently, the token burning mechanisms need to be optimized:

• Increase transaction fees or apply 'special' fees for large transactions.

• Mobilize participation from various partners and exchanges.

• Implement focused burning events, for example: staking program coupled with burning.

5. Conclusion: Burning to Reach 1 USD – Reality or Illusion?

Reducing the supply to 1 billion coins for LUNC to reach 1 USD is an ambitious plan but very difficult to achieve. At the current burning rate, this goal can only become reality in decades, without significant changes.

For those 'brainless bulls', it's time to wake up and view the market with reason. The FOMO and blind investment in LUNC not only pose risks to oneself but also tarnish the community's image.

Instead of believing in groundless dreams, invest wisely based on facts and specific data.

What do you think? Does LUNC have the potential to achieve this goal or is it just a market joke?