And even they burn that if the demand is no longer that much, then it's nowhere to go.
Even if the prediction or asked price by OP isn't that much, that's still not good enough. But we'll see if something might occur in the long term due to this burning.
While for known coins, it's helping but we don't know if it will for Lunc.
Burning might only affect after burning a significant amount, and yes without any demand it will just a normal burning process. I cant see any hype anymore for LUNC but of course anything can happen and we know that a single move from Whales, it can create a huge hype. We might still see a new ATH for LUNC when the market enters the bull trend, for now better to avoid it and buy good coins instead.
No more hype but it's been left and abandoned because it was actually the original coin but, after Do Kwon fled and now on the loose.
There's no way that it will ever be hyped again. A lot of investors have lost money on this project and even if there's the new Luna that has been forked out of this as a solution.
It never did any good and people are still on losses on this and it just needed to be accepted by those that are in losses.
it will be hardly for every investors specially those who have been part of the LUNA before that will trust this project , no matter how many forking or burning they conduct yet the name will stand firm and that is scam.
I cannot remember any project from the past that had same experience that got recovered and not standing still.