#LUNC is a coin developed by the Terra ecosystem, a blockchain platform that supports decentralized finance (DeFi) applications. LUNC is the old version of Luna, Terra's main coin, which was replaced by Luna 2.0 in 2020. LUNC was abandoned and dropped sharply in price after the network upgrade, but recently there was a spike in price . There are several factors that could explain this price increase, including:

The attempt by a validator named @LUNCDAO to use their profits to burn LUNC, reducing supply and creating scarcity1.

KuCoin's acceptance of Terra's new network upgrade increases LUNC's liquidity and reach

first.

The adoption of a 1.2% burn tax mechanism for each LUNC transaction, further reduces supply

2.

A partnership with StarShip, a gaming and entertainment blockchain project, where LUNC will be used as a payment method in StarShip Universe2.

If the trading volume scenario is 50% of total LUNC supply, then the percentage of total LUNC supply decreasing after one year is:

1.2n% = 1.2 * 0.5C/C * 100% = 60%

This means that after one year, only 40% of the original LUNC supply remains. This is a very large number, showing that LUNC is a coin with high burning properties. This may increase the value of LUNC, but may also decrease its stability and sustainability. You should consider carefully before investing in LUNC, because this is a high-risk coin and is not supported by the Terra ecosystem.