📊 $LUNC & $USTC Burn Pressure Update🚀
TerraFormLabs reportedly holds significant Ustc and $LUNC reserves. A court order mandates burning all Terra Classic coins, but TFL has yet to execute.
Current Situation:
• Community pressure intensifies for immediate burns
• Pending burns keep selling pressure moderate but cap upside
• Market closely watching TFL actions for price catalysts
🔮 Prediction:
If TFL executes the burns soon, LUNC supply tightens, potentially fueling a short-term price surge. Delays may keep volatility elevated and momentum subdued.
USTC
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LUNC
0.00003804
+1.98%