$LUNC $USTC $LUNA Rumors of Terra are already beginning to be heard in both Apple and Microsoft. Remember that Kwon's relationship with these companies has been going on for a long time. The bells are already ringing 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
$LUNC $BNB $USTC November's full moon, also known as the Beaver Moon, will shine brightly in the sky on Friday as the year's final supermoon.
For skywatchers watching this weekend, the Leonid meteor shower could be an extra dazzling spectacle when it peaks Saturday night and early Sunday morning
$LUNC $BTC $BNB has existed for years as a decentralized project by governments and private investment briefcases to overshadow Bitcoin. Take precautions as we are approaching the perfect opportunity to apply the same, success and luck 🍀
$BTC $LUNC $USTC the next president of the USA will not favor the price of BTC, however, will win the elections causing the fall of BTC and later Terra will rise starting the Luna race, then USTC, and finally LUNC. This scenario will initially be seen as a drop before Terra resurges, take your precautions....
$LUNC $USTC $LUNA the dark knight of terra will recover after everyone falls and will rise among the dead, free lunc will unleash all his accumulated power all these years!!
#Binance $LUNC #BNB There is a current relationship between #LUNC🔥 and #USTC . How did this relationship work? Arbitrage Mechanism: At the heart of the relationship between LUNC and USTC was an arbitrage mechanism designed to keep the price of USTC stable at $1. When the price of USTC fell below $1: Users could redeem 1 USTC for $1 worth of LUNC. This action reduced the supply of USTC and increased the demand for LUNC, theoretically pushing the price of USTC up. When the price of USTC rose above $1: Users could mint 1 USTC in exchange for $1 worth of LUNC. This action increased the supply of USTC and reduced the demand for LUNC, theoretically pushing the price of USTC down. Incentives: Incentives were set up for users participating in this arbitrage mechanism, which encouraged their participation and helped maintain price stability. What happened to this relationship? Destabilization: In early May 2022, this mechanism became destabilized due to a number of factors, including a significant loss of trust in the Terra ecosystem and a large number of USTC withdrawals. Decoupling: As a result, USTC lost its peg to the dollar and its price plummeted. LUNC, being closely linked to USTC through the arbitrage mechanism, also suffered a sharp decline in value. What is the current situation? Structural changes: Following the collapse, significant changes were implemented in the Terra Classic protocol to try to stabilize the situation. These changes affected the algorithmic relationship between LUNC and USTC, and in practice, the link between the two cryptocurrencies has weakened considerably. USTC as an independent token: USTC is now considered an independent cryptocurrency with its own market dynamics, although it is still influenced by events occurring in the Terra Classic ecosystem. In short, while there was a strong algorithmic relationship between LUNC and USTC in the past.
If the circulating supply of LUNC were reduced to 5.44 trillion tokens, this would represent a 21.2% decrease compared to the current supply of 6.91 trillion. In this scenario, if demand for LUNC remained constant or increased, the price could see a significant increase. So the price could reach levels between $0.10 and $0.30. However, it is important to note that this is a very optimistic scenario and there is no guarantee that it will come to pass.
2. Neutral reduction scenario:
In this scenario, the reduction in circulating supply would have a minor impact on the price of LUNC. The price could rise slightly in the short term, but then stabilize around its current price. This could happen if the reduction is not accompanied by other positive factors, such as an increase in adoption or the development of the Terra Classic ecosystem.