Lunc Soars, What's The Biggest Worry?
- Expected increase of lunc
With the steady growth, the price of lunc soared, not only breaking through the previous high of 0.00016, but also reaching the highest of $0.0003, with a cumulative range increase of 230%.
On the news side, the largest node in Luna class public chain announced version 0.5.22. The important point of this version is that it includes restart pledge and 1.2% combustion. After the upgrade is completed, the pledge function of lunc is activated, and the number of destroyed products is greatly increased, which promotes the space for price rebound.
It is worth mentioning that at present, the daily trading volume of lunc has limited fluctuation space, which continues the trading volume performance in the previous period as a whole. Therefore, there may be greater risks in the rising market driven by stock. Especially after Luna's sharp fall, it will take time to test whether lunc can continue its strong price.
- The pledge quantity is relatively concentrated
From the distribution of the number of addresses burned, the concentration is very clear, indicating that the participation of retail investors is low. Among them, the number of addresses ranking first is the address beginning with 1sq67, and the number of combustion accounts for 57.5%. For the second to fourth addresses, the number of incendiary bomb LUNs accounted for 16.6%, 9.2% and 4.7% respectively.
That is to say, the combustion mechanism of lunc is controlled by a small number of main forces, and the project has a great impact on the supply of lunc. When small and medium investors participate, it is especially aimed at the speculation in the secondary market.