(All of these are my thoughts and none of those are financial advise.)
Hey everyone, today i'll be sharing my market analysis for LUNC.
After %400+ pump LUNC drastically dropped down from 0.00059 and we're dropped from there hard.
Here's what i think:
I don't expect LUNC go up without a major burn. We saw LUNC hitting 3.1B marketcap twice and i think that's the all LUNC will get.
Now if you're aiming 0.001 or 0.002 with 3B marketcap LUNC will "easily" reach there, but as i stated previously we need a major BURN. In other hand due to market hitting lows again and South Korea wants to prision Do Kwon, LUNC is basically abandoned and hitting 0.001 0.002 is impossible right now. This coin basically hands on whales and marketmakers now. Also, since intrinsic value of LUNC close to zero, we can easily say LUNC turned into Shib like coin and i don't see any support from market makers anymore on future.
In following months, if LUNC can stay around 0.0002 that will be a good sign for future, however i'm not expecting for a pump for months and without major pump.
Basically LUNC is a risky investment now, invest what you're willing to lose.
NFA
Hey everyone, today i'll be sharing my market analysis for LUNC.
After %400+ pump LUNC drastically dropped down from 0.00059 and we're dropped from there hard.
Here's what i think:
I don't expect LUNC go up without a major burn. We saw LUNC hitting 3.1B marketcap twice and i think that's the all LUNC will get.
Now if you're aiming 0.001 or 0.002 with 3B marketcap LUNC will "easily" reach there, but as i stated previously we need a major BURN. In other hand due to market hitting lows again and South Korea wants to prision Do Kwon, LUNC is basically abandoned and hitting 0.001 0.002 is impossible right now. This coin basically hands on whales and marketmakers now. Also, since intrinsic value of LUNC close to zero, we can easily say LUNC turned into Shib like coin and i don't see any support from market makers anymore on future.
In following months, if LUNC can stay around 0.0002 that will be a good sign for future, however i'm not expecting for a pump for months and without major pump.
Basically LUNC is a risky investment now, invest what you're willing to lose.
NFA