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My coins are not going anywhere. I will hang with whoever is left at the end. Feel free to look me up on the other boards when lunc and luna moves.
Time for LUNC to lay off the valiums. Way to chill. LOLZ
Relax. It's going up!
Looks like another way to burn tokens.
https://twitter.com/payboltofficial/status/1544325825809371137?s=21&t=yrU4osbJK8h_o5WIFBqhLw
Anybody have any idea when this tax on transactions will be implemented? Days. Weeks. Months. ?????
I'm up 100% on this so far. Let them continue burning because that's the only way we're going to win
Any strategy have to include burning. Burn burn burn....go figure
LUNC getting more love than Bitcoin.
Yeah you suck, but LunaC and WLUnaC is great.
People unfollowed me because I like LUNC. Suckas! LOLZ
Awesome brother. Hope this works out for both of us!
Not until the Burn tax is put in place. Until then the supply is burning slow and will take decades.
Not until the Burn tax is put in place. Until then the supply is burning slow and will take decades.
600 billion was burned already
I’ll repost what I have. Not exactly sure how the math works.
https://www.globenewswire.com/news-release/2022/06/28/2470620/0/en/Luna-Classic-to-Call-Largest-New-Metaverse-Home-LUNC-Accepted-as-Payment-within-StarShip-Universe-with-1-2-Tax-Burn.html
That’s my understanding of the burn function. 1.2% tax for every buy and sell sent to burn address. KuCoin shows $122M last 24Hrs now, 122M x .012 = 1.464M / .00014 = 10.4 Billion Tokens.
Just saying it would be a killer burn to tackle the 6T they want to burn.
Do any retailers currently accept Luna as payment?
It's coming soon!!!!
Is that right? We could be burning 4.8B coins per day? I know that number will adjust as more coins gets burned. Thanks.
2.5 trillion according to one you tuber.
Penny Land is imminent!! WLUNA/LUNCUSD!!!
I don’t, probably a $hitload. Trillions and probably why they haven’t added the 1.2% tax to their platform.
24 Hour dollar volume across 16 exchanges $224M. If the 1.2% tax was in place it would have burned $2,712,000 worth of LUNC. At current price of .00013 that would have been nearly 21B tokens burned in 24 hours. I hope they get the tax in place soon. If the volume stayed this high consistently the supply would be burnt in about a year.
Anyone know the amount of LUNC that binance holds ?
Anonymous is our friend here at LUNC
I'm McLUVIN the moves on our token the past 5 sessions for certain
Not selling a thing - not as long as they keep burning
******************$0.10++!! WLUNA***************
I personally like the “ Anonymous” post
I'd like to see Luna Classic run circles around SHIB. I think it will happen.
This has to be the biggest reason for todays pop IMO. Great news for LUNC going forward.
#DoKON and a confession or upcoming theft trial would be huge as well IMO.
Praise The Lord. LOLZ
Lookin good. Keep up the hard work LUNAtics
LUNC
Ok thank you for clarification. Yea something has to be done about the supply. The other thing is what can we do for a use case? If we truly want price, we need a good use case for demand and tbis tax to get supply in check
It’s a 1.2% burn tax on every buy and sell. KuCoin is showing 24 hr price volume of $44M x1.2% = $528k x LUNC Price .00011ish is 4.8B LUNC Burned per day.
Obviously the price will go up but the burn is supposed to stay on until they reach the target token total of like 1B or something.
A 1.2% tax on our purchase is burned? How will that even make a dent in a 6 trillion supply?
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