Lunc’s ambition! ! ! As we all know, lunc is a substitute for luna!
From May 13 to May 19, 2022, the entire market collapsed!
Panic spread in the market
Then lunc was launched as a replacement!
With the later development as the main community currency, we have been committed to destroying it!
According to unreliable news: 10% of lunc coins have been destroyed in the entire market.
During this period, there was always a big investor hoarding coins!
Why does lunc keep oscillating downwards?
1. Large households hoard coins and deliberately suppress currency prices
2. Continuously low prices are more conducive to transactions, so more handling fees can be converted into coins and destroyed!
3. Conspiracy theory: when a large owner collects a certain amount, half of the coins will be sent to the destruction contract address, detonating the lunc currency price hundreds of times and then selling the remaining half of the coins!