Tons of people who had been saying on X that this coin is dead or stable coin have no chance but cant still deny that there would really be people who are shilling out about USTC and LUNC
on which we know that it isnt something new anymore when it comes into these platforms. Tons who had really that still have hopes about depegging into $1 again for USTC
and having those target on reaching out $1 which we know that it is really that unlikely or non realistic considering on the total supply of LUNC.
There's no one would really be able to know on what would happen in the future.
One things for sure that i do know about is that Binance is been holding tons of LUNC and this is why im not really that shocked that they would really be
having that kind of planning on trying out to recover considering on how much they have lost or that deep negative then it wont be shocking that they would really
be doing such thing. So it does vary on their plans in the future or wont really care at all.
Those tons of people are wasting their time and money because it's a dead cause. Even if LUNC manages to recover and go a bit high from where it is, USTC will barely be able to go to $1 again, and even for LUNC to gain value, the supply will have to drop significantly which doesn't seem to be happening even after the fact that a lot of exchanges are burning the fees collected from LUNC trades including Binance which has the highest liquidity for the token.
So, those who are hoping that these coins or tokens will make it big once again and give them huge profits are daydreaming because things like that don't happen if the technical aspects don't support the cause at all. Having a supply of trillions, LUNC will barely make it to 1 cent or even $0.001.
This just show us the low level of knowledge those people have about the market and the economy in general, as I remember I have seen threads on this forum from newbies claiming dogecoin could reach a specific price, and when I made the calculation not even all the money in the world could allow dogecoin to reach it, and this is somewhat similar.
As no one with a sound mine will invest in a coin that already ruined their investors once, and most likely it would do so again if given the opportunity.