To estimate how many millions of LUNC need to be burned daily for the price to reach $0.10 by 2029, let’s follow these steps:
1. Define the Parameters
• Target price: $0.10
• Target year: 2029 (about ~4 years from now)
• Current supply: ~5.8 trillion LUNC
• Required market cap: Assuming a realistic market cap of $100 billion.
Conclusion
To push LUNC to $0.10 by 2029, approximately 3.29 billion LUNC would need to be burned every day for 4 consecutive years.
Is This Realistic?
• Currently, the daily burn rate is much lower.
• To reach this level, it would require:
✅ Higher transaction tax rates to increase the burn rate.
✅ Community incentives to voluntarily burn LUNC.
✅ Wider adoption of LUNC in high-transaction industries.#Binance #LUNC✅