๐ $LUNC & $USTC Burn Pressure Update๐
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:
โข Community pressure intensifies for immediate burns
โข Pending burns keep selling pressure moderate but cap upside
โข Market closely watching TFL actions for price catalysts
๐ฎ 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
--
--
LUNC
--
--