the Lunc community? Just imagine if 500K members will burn 100K tokens each (every months). It makes 50B Lunc
At that rate, it would take 11.5 years to burn 6.9 trillion and cost each participant 13,800,000 Lunc... I know most people hold tons, but that is more than I have total...
Do you want to burn it to zero at all? What amount do you think should remain?
What should remain isn't up to me. They will never get it down to 10 Billion because too many people hold them. Similar issue with getting USTC back to $1, So hopefully they come up with a workable target. If the TFL would have put the brakes on or at least burned all.of the excess tokens when this started, it would never have come to this point, that is 100% on them.
It can if they do one thing that burn the quantity and each coin price will be high and equal of the burn example the one have 100k he will have 1k same price of 100k 99k burn and same its mean burn only coin not price and after the burn done open back buy and sell and burn of 0.5% fee 0.5% burn 0.2% airdrop equal of 1.2%
The supply needs to be reduced, period. Exchanges that are willing to charge a 1.2% tax that goes 100% to burn is how we do this. It will take buying/selling on the exchanges that are bailing this out.
This was my first idea but its upgraded to better one now lunc need to back 8 may
WHENNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN??????????????
This option will burn all the quantity without loosing one cent and also back to 30 to 50$ in 5 days
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