Ballerina Capuchina

The crypto market is buzzing with renewed attention on $LUNC (Terra Luna Classic) as the community inches closer to a significant 410 billion token burn milestone. While the price action remains relatively muted, long-term investors and community members are eyeing this moment as a potential catalyst for change. Here's a comprehensive look at what’s happening, what it means, and where $LUNC could go from here.
🔥 410 Billion Token Burn – A Historic Turning Point
As of this week, over 409.4 billion LUNC tokens have been burned since the project's inception. With a current weekly burn rate of over 304 million, the community is on track to surpass the 410 billion mark either by the end of June or even sooner. This is more than just a symbolic achievement—it's a fundamental move towards supply deflation in a token that once suffered from runaway inflation.
📉 Current Market Status
Price (as of Friday): $0.000061
Weekly High: $0.000073
Drawdown from December 2024 Peak: -64%
The current consolidation phase comes amid a broader cooling across altcoins, but the psychological significance of the 410B milestone could generate renewed price action.
📊 Technical Outlook & Prediction
LUNC is trading sideways, but this period of consolidation may be the calm before a breakout, especially with community sentiment warming up.
📈 Bullish Scenario:
If the burn milestone fuels renewed investor interest:

A break above the $0.000073 resistance could open the door to $0.000080–0.000085.
With enough momentum, a retest of $0.00010 is possible in a high-volume environment.
$LUNA

$LUNC

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