Terra Luna Classic (LUNCUSD)

[xZx]

since you're new to crypto, there are issues you don't understand yet, but i'm glad to explain.

when LUNA 1.0 was crashing, do kwon added a huge amount of tokens to the circulating supply. trillions, in fact.

this dilution inflated the market cap. that is bad. without doing a massive burn, odds are, LUNC will crash even lower, and become worthless.

so a token burn must happen. and we can't ask just a handful of people with lots of LUNC tokens to get rid of them as a charitable gesture.

OTOH a burn tax automatically distributes the burden across all buyers and sellers, with whales paying more than minnows.

so -- if we do a 2% buy and sell tax, it could burn most of the supply within a few months.

assuming LUNC also adds good utilities and the community continues to grow, with low supply, i could see early investors taking out 1,000X profit. i say this based on a range, somewhere between what doge and SHIB did.

invest $1,000 and take out $1M. that's just my wild guess.

would you pay 2% tax for that gain?

i would, in a heartbeat.