📊 Current Situation
The current price is approximately $0.00005706, with slight fluctuations during the trading day between $0.00005671 – $0.00005828.
The market cap is around $330–350 million, and daily trading reaches $12–17 million.
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🔥 Positive Factors
1. Token Burn:
By June 2024, Binance has burned over 60 billion LUNC, which has supported the recent upward momentum.
Self-driven projects like DFLunc across the platform have developed parallel burn mechanisms.
2. Network Updates:
The launch of update v3.0.1 in June 2024 aims to enhance the protocol's efficiency.
Strong community support for regulatory and technical proposals has contributed to stimulating performance recently.
3. Optimistic Technical Analysis:
Analysts (like Javon Marks) see the formation of bottoms and a potential upward trend, targeting levels such as $0.000214–0.000429 (up to +275% to +650%).