boss salman
Open Trade
1.6 Years
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11 Followers
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Quotes
Breaking news trump X elon musk shocked 😲
The president trump publically anounced elon musk really disapoint president trump
Why did not elon musk pass the bill
Trump loses ?
Why did not elon musk pass the bill
Trump loses ?
#LUNCUSD $BTC
the daily trading range has been less than 5 % most sessions, which is unusually calm for LUNC.
Why the 410 B burn matters (and why it hasn’t moved price… yet)
MilestoneDate hitTokens destroyedShare of total supply*Main contributor(s)400 BJan 28 2025400.6 B≈ 6 %Community + Terraform Labs court-ordered burns 405 BMar 12 2025405 B≈ 6.2 %Binance 30th batch (736 M) + on-chain tax 410 B (expected)Late Q2 2025?410 B≈ 6.3 %Ongoing Binance monthly fee burn + community wallets
*Assumes ~6.5 T LUNC still outstanding.
Burns chip away at supply, but the pace is slow relative to the 6-trillion-plus float, so each incremental 5 B-10 B rarely changes the short-term valuation math. Traders are watching for either:
Acceleration in burn rate – e.g., a new governance proposal that raises the on-chain tax, or an additional CEX joining Binance’s 50 % fee-burn pledge.
Demand shock – new utility (dApps, staking yields, chain upgrades) or a broader risk-on move in alt-coins.
So far, neither has materialized convincingly, which is why price keeps fading despite the deflationary headlines.
Technical picture
Support: $0.000054–0.000055 (February swing lows).
Resistance: $0.000073 (this week’s high, overlapping the 50-day EMA).
Structure: Sideways channel, lower highs since the December 2024 peak (~$0.00017), but also higher lows since the mid-April washout, forming a contracting triangle. A decisive break of either boundary tends to bring follow-through in LUNC.
$LUNC
DXY pullback / ETH ETF inflowsBullish for altsOngoingUnfavorable SEC ruling on crypto stakingBearishAny time
#ETCUSD $ETH
the daily trading range has been less than 5 % most sessions, which is unusually calm for LUNC.
Why the 410 B burn matters (and why it hasn’t moved price… yet)
MilestoneDate hitTokens destroyedShare of total supply*Main contributor(s)400 BJan 28 2025400.6 B≈ 6 %Community + Terraform Labs court-ordered burns 405 BMar 12 2025405 B≈ 6.2 %Binance 30th batch (736 M) + on-chain tax 410 B (expected)Late Q2 2025?410 B≈ 6.3 %Ongoing Binance monthly fee burn + community wallets
*Assumes ~6.5 T LUNC still outstanding.
Burns chip away at supply, but the pace is slow relative to the 6-trillion-plus float, so each incremental 5 B-10 B rarely changes the short-term valuation math. Traders are watching for either:
Acceleration in burn rate – e.g., a new governance proposal that raises the on-chain tax, or an additional CEX joining Binance’s 50 % fee-burn pledge.
Demand shock – new utility (dApps, staking yields, chain upgrades) or a broader risk-on move in alt-coins.
So far, neither has materialized convincingly, which is why price keeps fading despite the deflationary headlines.
Technical picture
Support: $0.000054–0.000055 (February swing lows).
Resistance: $0.000073 (this week’s high, overlapping the 50-day EMA).
Structure: Sideways channel, lower highs since the December 2024 peak (~$0.00017), but also higher lows since the mid-April washout, forming a contracting triangle. A decisive break of either boundary tends to bring follow-through in LUNC.
$LUNC
DXY pullback / ETH ETF inflowsBullish for altsOngoingUnfavorable SEC ruling on crypto stakingBearishAny time
#ETCUSD $ETH
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