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.