$LUNC is back in the strong sell area again. Also looking | Deva02 on Binance Square

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$LUNC  is back in the strong sell area again.  Also looking like it could fall back to weekly lows.  #LUNC  #TerraClassic 

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+7.64%

101

0

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$LUNC and $USTC burning continues on the Terra Classic chain. The total amount of $LUNC burned has exceeded 410 billion. Total $USTC burning has reached 5,185,081,598. The pace of burning has slowed in recent months. When we look at the data from the last week; we see that 320 million $LUNC and 75,023 $USTC were burned. The continuation of burning on the Terra Classic chain and the constant decrease in supply will bring $LUNC and $USTC to the fore in the long term. #TerraClassic #Bullish #Burn

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If the market module is activated in this way on the Terra Classic chain; the chain will print $LUNC again and start burning $USTC . For every USTC burned, $1 worth of LUNC will be printed. As long as USTC is not $1, the LUNC supply will increase significantly. The same thing happened in the LUNA/UST attack. Terra tried to bring USTs to $1 by burning them. What I want to say is; the priority coin to be burned has always been $USTC. USTC was also burned significantly. With TFL's burns, the USTC supply will decrease by approximately 50%. I think that most of the remaining part is collected from the market and is under control. I also include $USTCs in areas such as community pools. After USTC has established its stability strongly, the LUNC supply will no longer matter and LUNC burns will increase significantly. If there will be a return in the Terra Classic chain, it will be like this... #TerraClassic

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June 20-21 will be very critical for $LUNC and $USTC . A Terra Classic conference will be held in Berlin, Germany. Important names from the Terra Classic community are attending this conference. We may hear surprising developments about LUNC and USTC at the conference. Mark June 20-21 on your calendar... #TerraClassic

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