Terra Luna Classic (LUNCUSD)

[xZx]

thanks for the update. if some volume-buyers want to do a big burn, it's really smart to allow LUNA to drop on low volume, and to slowly burn supply as they go.

will the burning be significant? i guess we shall see, but...

IF that's their plan, by the time most of the market catches on, they may already have a big batch eliminated.

eventually it reaches a tipping point where if a provable, huge amount is gone, i expect word will spread like wildfire, price will jump up fast, and any whale(s) hoping to "buy for burn" will have to get very aggressive for their remaining grabs, while LUNA is still relatively low-priced.

this could get fun, and quickly.