Binance 11th LUNC burn: 2.65 billion tokens destroyed

[abel1337]

Not gonna fall for this trick LOL. Burning tokens had been done several times already just to pump up the price and I don't see it as a good way to increase token price. The supply had been reduced but the demand is still the same. It's a strategy to somehow manipulate prices but the 3% price increase is I don't consider a successful token burn. Investors turned back on Terra Luna long time ago and I'm sure there's not much of them plan on investing on it again because of the catasthropic mistake that this project made before.

I was wondering why binance is so hell bent in reviving this coin like why they are still supporting this disaster after so much time has passed.
we all know how rotten this coin is to the core yet there are still many attempts from binance in reviving this coin.
but despite of that, so many attempts have done already and this coin is still dead. surely it wouldn't revive in the future even if total supply
reduced to just thousands because this coin has no utility, no use, being abandoned by developers, basically its useless shit coin.

I don't knownto be honest. Maybe this token still generates them profit that's why they still haven't consider in delisting it. To be honest I consider this now to be a shitcoin given how deep they fall before their scandal. I don't see any sense on reviving a coin like this. I don't know if binance has it's own reserve of LUNC that's why they don't delist it given that fact that there would be a massive dump when they do it. I'm sure that they can't milk this coin forever.

[Tigerheart3026]

binance trying to increase this coin price in many ways but i have not seen any impact in price after 11th burning,
lunc coin total supply near 7 trillion, considering such huge supply coins, they should burn more coins,
i think investors will never choose this project because old investors lost their money,
so they will never trust this project again,

[Magic-Money]

Thank you for sharing information about LUNC Coins , which was a coin rebrand from the dump for a long time ago which Tera Luna Coin was clash and trying to revive and with this update sooner or later LUNC Coin is going to be pumped or add value from the current price and still in a good position to buy, while waiting for next Bull Run market.

[o48o]

I was wondering why binance is so hell bent in reviving this coin like why they are still supporting this disaster after so much time has passed.
we all know how rotten this coin is to the core yet there are still many attempts from binance in reviving this coin.
but despite of that, so many attempts have done already and this coin is still dead. surely it wouldn't revive in the future even if total supply
reduced to just thousands because this coin has no utility, no use, being abandoned by developers, basically its useless shit coin.

Anything is ok that brings them money and isn't illegal. Lunc volume is $31+ Million per day and majority of trading is happening in binance. So just the fees will make them lot of money.

It's a crappy community revival project but it's not a scam, at least not in a way that would be obvious.
Also it most likely doesn't drive Binance's customers away but keeps the bag holders happy too.

I understand why they are not delisting it but at the same time it's looking like a scar that we got from a scam.