A centralized exchange is burning lunc with every trade?

10% tax of which 2% is supposedly burned seems like a marketing stunt more than anything. And the name and the time of launch seem like pretty obvious opportunism. Which I guess is fair enough but I don't see any reason in particular to cheerlead them. And honestly if they wanted to make a good impression they would've asked us first before just sending dozens of shills here as they launched.

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15.08.2022

AnimeisDOPE

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10% tax of which 2% is supposedly burned seems lik...

Good point

0

15.08.2022

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AnimeisDOPE
Good point

I would also add that when 50%+ of the tokens are presold before launch it sounds pretty dodgy to me. Furthermore I associate BNB with basically pump & dump tokens which usually incorporate tax/burn in some way to create hype and don't live very long. Could be there are legit BNB projects but I can't name a single one off the top of my head

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15.08.2022

Kickstart Автор вопроса

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10% tax of which 2% is supposedly burned seems lik...

I believe lunc has to supply their liquidity. That's not free and they elected to do it

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15.08.2022

AnimeisDOPE

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I would also add that when 50%+ of the tokens are ...

Thanks I will look into this more

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15.08.2022

AnimeisDOPE

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MEXC and CoinInn I believe. Suppose there could be...

Is Coinlnn a good exchange?

0

15.08.2022

Kickstart Автор вопроса

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I would also add that when 50%+ of the tokens are ...

What would you consider not a pump and dump in the crypto space? Isn't 100% of the holders here begging for $1 to dump and make millions?

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15.08.2022

Original Opinion

Kickstart
What would you consider not a pump and dump in the...

if it goes to a dollar why not 10 dollars or 20

0

15.08.2022

Rose🌹 | cosmosrescue

Kickstart
What would you consider not a pump and dump in the...

mm, 90% of the holders in here don't know what liquidity i

0

15.08.2022

17 Dawg (Will Never DM First)

AnimeisDOPE
Any other reason u think that? Do you know if they...

Yes LUNC is being burned. Here's the Terra Station wallet address for you to see for yourself. terra1sq6th05hdwwwxvymzytc93lvhjxyx4pkjurhgj

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15.08.2022

Rose🌹 | cosmosrescue

17 Dawg (Will Never DM First)
Yes LUNC is being burned. Here's the Terra Station...

that'sn not the burn address

0

15.08.2022

17 Dawg (Will Never DM First)

Rose🌹 | cosmosrescue
that'sn not the burn address

That's the wallet that's used to send LUNC to the burn wallet

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15.08.2022

AnimeisDOPE

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I would also add that when 50%+ of the tokens are ...

Is Coinlnn a good exchange? because they are promoting the Lunatic Token. And will be adding them to their exchange soon.

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15.08.2022

Thunda

Kickstart
I believe lunc has to supply their liquidity. That...

That’s incorrect about #LUNC supplying our Liquidity also. That was raised on the Presale on Pinksale and is locked for 365 days. I’m a Luna Classic holder as well, only a small bag of 300 million

0

15.08.2022

17 Dawg (Will Never DM First)

17 Dawg (Will Never DM First)
That's the wallet that's used to send LUNC to the ...

https://finder.terra.money/classic/tx/2F23009EF84AE822BF569F207C09ABE942F971D2427934DFEEB78800A714B809 Here's TX hash from the last burn which happened on Saturday.

0

15.08.2022

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AnimeisDOPE
Is Coinlnn a good exchange?

I've never heard of them until recently in this context so I couldn't say

0

15.08.2022

Accepted Answer

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Supposedly one or two small exchanges are doing that

0

15.08.2022

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A centralized exchange is burning lunc with every trade?

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