Burning means that Terra Company pays cash at the settlement price to creditors, which is not possible
Roxana Shusterman Ek7c
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$LUNC Currently, assets (LUNC tokens belonging to TFL) are being evaluated as part of bankruptcy (insolvency) proceedings, with their liquidation being supervised by the court to settle creditor claims. The LUNC community is calling for the market not to be flooded with these tokens, emphasizing the need to redirect the use of these tokens or burn them whenever possible. Key points of the news: Evaluation and liquidation: Assets of Terraform Labs (TFL) are under judicial oversight to distribute their value among creditors. Community concerns: There is significant worry that selling large quantities on the market could lead to a price collapse. Call for burning: Investors prefer destroying (burning) the tokens to reduce the total supply and increase the token's value instead of selling them.
There is a difference between dreams and reality Money is not a game; this economy is governed by many conditions and strict rules
Deep_Analysis
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If you go to bed at night and wake up in the morning to find your wallet is now worth just one dollar, what would be the first word to come out of your mouth? $LUNC {spot}(LUNCUSDT) #LUNC✅ @LUNC
Therefore, it is realistic to have a gradual burning over a long term of two or three years This is assuming that no emergency occurs and the company continues
Crypto-professional
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Here’s exactly what will happen behind the scenes in the market if this burn is implemented at a rate of 90%: LUNC
1. Supply Shock When the world wakes up to find that trillions of currencies have disappeared, leaving only 10%, there will be shock. The platforms will ignite, and orders will jump into the thousands per second. This sudden shortage in supply combined with the "ferocious" demand you speak of will cause prices to leap vertically (Parabolic move). 2. The entry of "smart money" and institutions
The main dream is to be able to burn 90 billion of its currencies because there is a monopoly of more than 22 percent among the shareholders and sudden burning is not possible because it causes confusion and is a form of cheating
Crypto-professional
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Here’s exactly what will happen behind the scenes in the market if this burn is implemented at a rate of 90%: LUNC
1. Supply Shock When the world wakes up to find that trillions of currencies have disappeared, leaving only 10%, there will be shock. The platforms will ignite, and orders will jump into the thousands per second. This sudden shortage in supply combined with the "ferocious" demand you speak of will cause prices to leap vertically (Parabolic move). 2. The entry of "smart money" and institutions
Why do I keep losing my balance? I sell and then buy from the bottom to compensate for the loss. Even if it returns to point A at the first purchase, I would have compensated for the loss by increasing the number of units for the same amount of the sale.
WISE WHALE
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$LUNC The frightened sellers are coming out of fear, and the smart buyers are now stacking up for future profits. Holding steady is better than emotional selling. Thank you. #LUNC
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Such currencies do not put weight in them and do not build on them a big illusion for the short term. You need a strong self, meaning you specify an amount to invest and leave it to ferment for a year or two. It is like a tree that needs time to bear fruit.
ابو ليان العتيبي
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Bullish
$Jager And by God, if I had 10 dollars or 100 or 1000 or 10 thousand dollars now, I would invest only in this currency. A piece of advice: if you have to borrow money, take a loan, or sell anything, buy it. You will get back the full amount or hundreds of thousands. Invest.
What are the indicators for achieving a significant leap in the upcoming period and they do not restrict full sale or trading volume
MIHAFNOVA
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Is it finally time to achieve the dream $Jager ? 🤔🔥 Will we see this currency remove four zeros and the fifth zero become the number 1? 🚀 Are we on the verge of a historic rise in the coming period? 😯💥 $BTC $BNB
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At three in the morning, the phone suddenly vibrated. When I answered, I heard a voice saying:
At three in the morning, the phone suddenly vibrated. When I answered, I heard a voice saying:
"Hello, we are from the Public Security Office, your account is involved in cryptocurrency transactions. Please cooperate with the investigation."
Did you feel the emptiness in your head and the cold sweat dripping from your hands? 🤯 Could you not even remember which cryptocurrency transaction was the cause?