LUNA and LUNC shitcoins pumping like crazy! STAY AWAY!
Over the course of 24 hours, LUNA and LUNA Classic Tokens have shot up like crazy!
Both LUNA and LUNC shot up as almost a coordinated pump.
I will say it once again: "STAY AWAY FROM THESE SHITCOINS"!
There is so much opportunities in blue chips and well-ran projects. I am going to list a few if you lack ideas:
- Polygon, Optism, Arbitrum...
- Uniswap, ImmutableX, Curve, Aave...
Reason for the pump?
LUNC has also surged as traders got excited about a new burn scheme that would reduce the token’s hyperinflated supply, as CoinDesk reported Thursday. The rally has somewhat stalled since then, as the coin slid 17% in the past day.
From $2 to $6/$7 in such a short time period just show how manipulated and speculative this "shit"coin is!
No better sum-up of the situation than what Route 2 Fi wrote:
Reason for LUNA Classic's Pump?
According to LuncStaking_Bot, users have staked more than 610 billion LUNC with Terra Classic against its net supply of 6.9 trillion units.
It means that nearly 9% of the total LUNC supply is now removed from circulation.
If you ask me: Cool but nothing to make it pump that much.
Posted Using LeoFinance Beta