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File: 70 KB, 1280x720, Terra-Luna-coin.png [View same] [iqdb] [saucenao] [google]
51202933 No.51202933 [Reply] [Original]

Guys wtf...?
Why LUNC has the mcap of #36, but yet ranks >200+?

>> No.51202939

>>51202933
> \

>> No.51202981

>>51202933
I don't understand what the fuck coinmarketcap does. There are a lot of coins outside top 200 yet they belong in the top 100

>> No.51202996

>>51202933
Doesn’t Binance own coin market cap?
Could they be hiding it?

>> No.51203082

>>51202996
>Doesn’t Binance own coin market cap?
Yes

>> No.51203218

>>51202933
>#36
>$1,500,000,000 mcap
>COME ON GET ON THE TRAIN IT'S GOING TO X10,000 FROM HERE
The absolute state.

>> No.51203224

>>51202933
Funny, Coingecko doesn't even rank it at all.

My work pooter has windows 11 with news and weather active in the taskbar. It started showing me Luna's price. But only LUNC alongside BTC and ETH, for some reason. No LUNA 2.0. No DOGE or ADA.
BTC and ETH were shown with their daily gains and losses. LUNC was shown for the year, perpetually down 99%, again and again for months. No longer now that it's gaining. I am vexed.

>> No.51203480

>>51203218
1.2% transaction burn down to 10bn
At current market cap with 10bn tokens LUNC is worth $0.11, which is already 550x
And yes i do genuinely believe this will happen

>> No.51203489
File: 1.55 MB, 600x1066, 1661706868102105.webm [View same] [iqdb] [saucenao] [google]
51203489

>>51202996
>Doesn’t Binance own coin market cap?

>> No.51203538

>>51203480
>1.2% transaction burn down to 10bn
A 1.2% tax, in case it's finally applied which is not sure yet, will destroy the demand for the coin and the volume. I can't believe people are not able to see this. Greed is blind.

>> No.51203565

>>51203538
>Greed is blind.
Sounds clever, but means absolutely nothing.

>> No.51203601

>>51203538
No it won’t actually
Volume is going to remain more or less the same and as the price steadily rises will increase from fomo of dumb redditors and fudders like yourself

>> No.51203655

>If everyone else burn their coins, then my coins will be worth more!
Why would people make transactions with the coin to lose the coin to the burn/tax?

>> No.51203661

>>51203538
Welcome to clown world, dummies only hear one thing: burn = 10b = .01 lunc. How long will that take, doesn't matter, the possibility is all investors need to throw money at this lottery ticket. Those setting sell ladders and stop losses will power the burn engine as transactions increase over time as people buy and sell in disbelief. remeber its 1.8% in either direction, 4-5 pumps and we hit .01

>> No.51203814

>>51203655
There maybe 50000 active lunc holders at this moment. These investors will not pay the tax, instead hold, its the millions of new investors paying the tax to FOMO, and the current 50,000 selling too early and jumping back in higher, rinse and repeat which will burn the token, no silly things like fundamentals needed in this frenzy, if this hits main stream fast enough, we could see .01 in a few months, definitely during the world cup when sheiks start taking crypto tips from foriegners.

>> No.51203843

>>51203655
It's still way less than gas fees, 1.2% is on par with exchange fees, you will go to buy 1 million LUNC and get 990000

Dog bat etc. have like 20% fees, nobody gave a shit during peak fomo. And yes I realize this isn't exactly the same thing, but when people are dreaming of the inevitable 100x a 1.2% tax isn't going to be a slight concern.

>> No.51203868
File: 218 KB, 1495x598, shibslurplun .jpg [View same] [iqdb] [saucenao] [google]
51203868

LUNC CHADS MAKIN IT HAPPEN

BASED

>> No.51203914

>>51203538
people arent going to mind a tax when they can become millionaires. it's classic meme coin tokenomics.

>> No.51204016
File: 247 KB, 612x408, 1661897318609675.png [View same] [iqdb] [saucenao] [google]
51204016

>>51203538
I always find this to be the weakest fud, to buy crypto in the first place there's always a transaction fee like do you actually think binance, Coinbase, and CDC let you trade for free?, even if you avoid the big exchanges you still have to pay for gas, it's just the cost of doing business. I would explain more but I gotta go catch my train to the moon.

>> No.51204562

>>51204016
Truth. Plus possible binance burn isn't out of the question. Everyone will want a piece of the pie at all levels. WAGMI.

>> No.51206353

>>51203480
youre mentally ill. volume will never be that high with people starting 1% in the red. burn will take 1000s of years. You dont realize how allergic normies are to losing money.

>> No.51206368

>>51203601
You're the dumb redditor. There is no greater fool. But will leave you to learn this lesson on your own.

>> No.51206384

Binance will never implement a tax and on chain activity is 0. Sell now or cope later

>> No.51206422

>>51203538
you can sit around and rant about "muh tokenomics" with all the other retard "crypto analysts" while we pump 50% day after day in a crab market, or you can throw some money at it. decide quickly though, you're getting priced out by the minute.

>> No.51206429

>>51202933
SELL IT FUCKING SELL FAGGOTS