Terra legacy token LUNC soars 160% in a week, a perfect storm as burn mechanism accelerates and founder faces sentencing

2025-12-06 13:20:18

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[Crypto World] The legacy token LUNC from the Terra ecosystem has gone crazy recently—soaring over 74% in 24 hours, with the price surging to $0.0000072 and a cumulative weekly gain exceeding 160%.

The timing of this rally is quite delicate, coinciding right before Terra founder Do Kwon’s sentencing for fraud on December 11. More importantly, the burn mechanism has been accelerating, with 849 million LUNC burned directly last week, and a major exchange played a significant role in this.

Additionally, that exchange has suspended withdrawals to cooperate with the upcoming network upgrade, according to the official statement, to ensure network stability after the upgrade. With multiple factors converging, market sentiment has been completely ignited.

LUNC22.28%

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BlockchainRetirementHome

· 9h ago

Haha, Kwon Do is going to be sentenced and LUNC is still making a comeback—what a script, this is brilliant. As for Kwon Do, well, he has to face what he deserves, but LUNC seems to be making some interesting moves. The burn mechanism is really working. This node congestion—must be a coincidence, right? Haha. 160% in a week, looks great but don’t get trapped. I’m a bit skeptical. Exchanges suspending withdrawals—hmm… They say it’s for stability, but is it really? LUNC is rising, but can they get out? Questioning face.

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PumpAnalyst

· 9h ago

160% surge right before the founder is about to be sentenced—what a crazy timing... Token burn and withdrawal suspension, these are classic pump signals. --- It's the same old playbook from the whales: token burn + withdrawal lock + bullish expectations. Retail investors, you better wake up. --- Not gonna lie, this rebound does have technical support, but those chasing the top really need to think about their exit strategy. --- Founder about to be sentenced and LUNC is mooning instead? Feels like someone’s looking to unload fast. --- 849 million tokens burned in one week—those numbers are eye-catching, but the exchange suspending withdrawals is just way too obvious... --- Bearish or not, this intraday rebound has definitely smashed through all support levels. Short-term trading is possible... just pay attention to risk management, guys. --- The issue is, does LUNC have any fundamentals left going forward? Relying solely on token burns to hold up the price feels pretty shaky. --- Last chance to get in? Looks more like the last chance for a rug pull. Be careful about following the herd, everyone. --- Network upgrade + token burn + founder sentenced, and with all that, this is the price movement? Honestly, kind of underwhelming. --- A technical rebound is one thing, but always remember with this project: wherever the whales are lying in wait, that's just ahead.

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MoonlightGamer

· 9h ago

Damn, LUNC is going crazy this time, 160% in a week? Feels like a gambler making a comeback.

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LittleBoss

· 9h ago

Take a look at the token issuance amount: 5.5 trillion.

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SerRugResistant

· 9h ago

LUNC takes off on the eve of Kwon Do's sentencing. The timing is just too perfect—it feels a bit off. With such aggressive coin burns and exchanges quietly suspending withdrawals, are us retail investors just left watching the price go up? This round is driven way too much by sentiment hype, so everyone better be careful not to be left holding the bag. The burn mechanism is real, but with a 160% increase, at this rate it’s only a matter of time before another round of retail gets fleeced. Kwon Do's going in and LUNC still goes up—this logic is just so bizarre...

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OfflineNewbie

· 9h ago

Kwon Do-hyung is about to be sentenced, but LUNC is actually taking off instead. This turn of events is really unbelievable.

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