Unironically LUNC may be THE ULTIMATE deflationary coin

[Anonymous No.58586216]

I've been thinking about LUNC.

It has a ridiculous supply, but a very active community actively working to get it down. It's also supported by binance who do most of the burns.

It seems like this is the ultimate HODL. Yes it will take years and years, decades even, but this will be a value forged in fire. Plasma even.

If you told me I had to invest (today) $1000 to get $20,000 or even $100,000 back in 10-20 years it'd be a no brainer. Why are people so FUD on this, just because it's not an instant return or insane "X? Name a single investment or pension fund that gives you a return like that, and the risk/reward ratio is so low too.

This doesn't even take into account any new functionality/projects on-chain that may come to fruition.

We all know that fundamentally the Terra Classic was based on sound fundamentals - was cheap, efficient and fast. It was only SBF and his actions in a highly leveraged and privileged position that tanked it. The token itself is sound. The mechanism that caused the oversupply has been permanently disabled.

It's also a piece of crypto history, so it retains some meme potential.

I'm not a baggie, I bought LUNC early and have cycled out via staking rewards and pricing. I've made about $3k off LUNC from an initial investment of $700 - and I still hold 11.4m LUNC (currently valued at $1.4k)

You can also earn 15% APR (not accounting for compounding) across all validators.

I think if you buy it to HODL, you're only gonna be rewarded in the long term

[Anonymous No.58586283]

I'd like to buy some but I dont know where these days? I only have Coinbase & Kraken. Rly dont want any more exchanges

[Anonymous No.58586307]

>>58586283
Binance and MEXC frin

[Anonymous No.58586427]

>>58586283
Exodus(not for much longer) or Atomic as well

[Anonymous No.58586606]

>>58586216
>It seems like this is the ultimate HODL. Yes it will take years and years, decades even, but this will be a value forged in fire. Plasma even.
You seem to forget the part where when the bullrun is over the altcoins are gonna get absolutely destroyed and the volume will be crushed , initially there will be a volume spike from all the sellofffs yeah , but after that it will likely fade into irrelevancy (or it already has)
In order for lunc to remain bullish we need a consistently high volume which allows burns to kick in. It doesnt help that the jewish validators decided to heavily reduce the burns from 1.2% to 0.2%. We sometimes get some ridiculous volume spikes when whales start pumping and dumping it but the volume is never sustained. Imagined if it pulled a jasmy and kept pumping from the 27 resistance but it is hardstuck and dumping from here. Im saying your hopium post is great but I dont see much hope unless this shitcoin gets a bigger cult following and the volume needs to be pushed much higher over months. Ill be honest with you there isnt much time until the bullrun is over so unless the faggot ass whales want to do something this shitcoin is not gonna fucking survive the bear market.
Im happy that your staked gains have been locked in for you I was once staked but got fucked by bilbos validators which destroyed a lot of my rewards due to a mistake on his part, had to unstake ever since, but I hear the rewards/apr have been nerfed since.

[Anonymous No.58586614]

>>58586606
imagine if it pulled a jasmy*

[Anonymous No.58586640]

>>58586606
>>58586614

I hear you bro, and I'm sorry for your situation.

I don't think its the same with LUNC. We already hit rock bottom. Everyone has a vested interest in upping the price.