The market capitalization of $LUNC is around 370 million dollars, even accounting for some utility and features inherited from the old Terra ecosystem. With a circulating supply of 6.4 trillion tokens, its value is relatively low compared to other assets. In contrast, Pepecoin, $PEPE , which has an even more massive supply of 420 trillion tokens and no practical utility, has reached a market value of approximately 5.9 billion dollars.
This difference highlights how, in the crypto market, emotional factors, hype, and meme culture can generate value far beyond fundamentals. While $LUNC tries to remain relevant based on technology and use, Pepecoin grows purely through speculation and community strength.
It’s ridiculous what happens sometimes 🤦🏻♂️
