$LUNC price performance during market turmoil reassured some investors, but it might be nothing but a good advertisement
The unexpectedly high inflation data revealed in the most recent CPI report caused turmoil on the cryptocurrency and financial markets. Every large tech stock on the NASDAQ closed the day in red, which has not happened in the last two years.
The main reason prop traders like Light are actively shorting the reincarnated token is the most recent proposal to implement the new burn mechanism, which most likely will not affect the price of LUNC as expected by some investors, considering the reluctance of
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