2025-12-06 07:23:14

The recent LUNC rally saw trading volume soar straight to $1.2 billion, with a turnover rate that's off the charts. It's not market makers playing number games—it's the community voting with real money.

First, let's talk about burns. In the past week alone, 960 million tokens were burned. A major exchange threw all its November trading fee revenue into the burn address, slashing nearly 1% off the circulating supply. The shrinking supply is clear as day.

On the technical side, things are even more exciting—48 hours from now, on December 8th, version v3.5.0 will go live. What does reactivating the Market Module mean? On-chain order books and market making will finally work again, and DeFi protocols can resume operations. A leading platform has already announced support for this upgrade, basically giving this struggling chain a shot of oxygen.

Do Kwon is set to be sentenced next week. If you know how the market works, bad news gets priced in early; when it actually happens, it often sparks a reversal. Everyone's rushing in, betting on the "all the bad news is out, so it's actually good news" logic.

The wildest part was the event in Dubai—a CoinDesk reporter took the stage wearing a LUNC-themed T-shirt, and once that image spread, retail investors went wild. People are publicly professing their faith, while whales are quietly scooping up tokens behind the scenes.

LUNC-31.52%

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LiquidityWitch

· 1h ago

Damn, this move is really strong, you can tell the burn effort is legit and not just for show. Damn, the “all bad news priced in” logic really works. Do Kwon’s move unintentionally gave LUNC a boost. 1.2 billion trading volume—what does that turnover rate mean? It means the insiders are harvesting profits. When I saw that T-shirt in Dubai, I knew the big players were about to make a move, while retail investors are still shouting about belief. The launch of v3.5.0 is the real key. LUNC only stands a chance if DeFi comes back to life. This burn speed is literally a race against inflation. Damn, a 1% cut in circulating supply—doesn’t look like much at first, but that’s real shrinkage. A certain exchange burned all November’s fees—either it’s true conviction or there’s some other motive. If anyone is still blindly buying the dip now, I just have to laugh. Can’t you hear the whales pulling the trigger?

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LiquidityWitch

· 12h ago

I’m a liquidity provider, and the recent LUNC burn numbers are truly impressive. But I care more about whether the v3.5.0 upgrade can actually revive the chain. Burning tokens without a DeFi ecosystem is pointless. As for Do Kwon’s verdict, logically, this should be the last straw for the bears. That CoinDesk T-shirt, haha, is just ridiculous. When whales are accumulating, retail investors are still shouting about faith—the cycle is always like this. A $1.2 billion trading volume looks flashy, but what does the actual turnover rate prove? Let me check the order book depth data before making a judgment. Whether it can recover this time really depends on the actual on-chain activity after the upgrade. Relying solely on burn expectations won’t last long.

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0xSoulless

· 17h ago

Another round of the retail investor relay race—no matter how impressive the burn numbers look, it can't change the fate of being dumped on. Wait a second, are whales quietly accumulating? Then what are us retail investors even doing here? How much is faith worth anyway? Let's see if there's really a reversal after Do Kwon's sentencing next week. A $1.2 billion trading volume sounds impressive, but what does such a high turnover rate mean? The smart money has already left. That Dubai T-shirt move—I have to say, that's genius.

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WhaleShadow

· 12-06 07:53

Burning + upgrade + Do Kwon verdict, triple catalysts, this pace is a bit crazy. Whales in Dubai really played it perfectly—while retail investors were just watching the show, the big players had already gotten in. 960 million tokens gone in a week, the circulating supply shrunk like this, the technicals are spot on—to be honest, it feels kind of topped out. Could the Do Kwon incident actually become a turning point? The logic of "bad news all priced in" really never fails, haha. After v3.5 goes live, DeFi will come back to life—this is real technical support, not just shouting about belief. With $1.2 billion in trading volume and such a high turnover rate, I doubt it's just retail hyping it up; someone must be pushing it.

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DisillusiionOracle

· 12-06 07:53

9.6 billion burned, upgrade imminent, and Do Kwon’s drama is coming to an end—this pace is definitely something. Whales are buying up in the shadows, while retail investors shout about faith in the open—classic old tricks. 1.2 billion trading volume, this turnover rate... is it really still community voting, or did the whale just put on a new disguise? That T-shirt in Dubai is outrageous, marketing has gone to another level—retail investors getting triggered should really reflect. When all the bad news is out, that’s when good news comes—this is the game, but before you place your bet, remember how you got rekt last time. Can market making bring this chain back to life? Feels like it still depends on whether there will be real applications to back it up.

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FadCatcher

· 12-06 07:53

Is burning really useful? Isn’t this price increase just driven by sentiment and fundamentals? On the day of Do Kwon’s verdict, I’m betting it will hit the upper limit in the opposite direction. Wait, can the December 8 upgrade really save this chain? Seems kind of doubtful. The whales have already gotten in, while us retail investors are still struggling with entry prices. Is this turnover rate real? Feels like someone is dumping. Burning 960 million tokens sounds impressive, but with such a large circulating supply, how significant is it really? Have the pictures from the Dubai event been released? I want to see what the vibe was like. Honestly, it’s better to wait and see before the upgrade—don’t get caught holding the bag.

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ImpermanentLossFan

· 12-06 07:46

The burn rate is so fast, they're really turning the supply into a rare commodity—pretty interesting. The key moment is how things will move when v3.5.0 goes live. As for the Do Kwon verdict, that topic has been overhyped for a long time; anything that was going to drop already dropped. That Dubai t-shirt, haha, brilliant marketing move. The whales must have been positioned well in advance. Is the 1.2 billion trading volume real selling or just group support? We'll have to see if it can hold up later.

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AirdropChaser

· 12-06 07:38

Burning 960 million? That's pretty intense, is it for real? Wait, is the Do Kwon verdict actually a positive catalyst? I can't believe this move. That Dubai part really hit hard, are whales really silently accumulating? Can v3.5.0 going live save this chain? Seems doubtful. 12 billion trading volume, who's actually playing who here? Still feels way too intense, seems a bit risky. Was this really a community vote this time or are we getting dumped on again? So many retail investors getting wrecked, here comes another round.

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