LUNC, the token that once "died a social death," suddenly came back to life last night—jumping 84% in 24 hours. You read that right: this is the same Terra ecosystem orphan that left countless people wiped out.



This latest move is so surreal it's hard to make sense of:

First, let's talk about token burns. The community is once again hyping up the whole "deflation by burning" narrative. Sounds nice—but they've already burned 426.7 billion tokens, and there are still 5.5 trillion tokens floating around the market. Think about it: at this rate, it'll take forever to see any real effect.

Then there's the sentiment, which is even crazier. Do Kwon (the founder who crashed Luna) isn't even set to be sentenced until next week, but the market is already partying like he's been acquitted. I really don't get this logic—does "no one taking the fall" now count as bullish news?

Technical indicators are flashing red. RSI has shot up to 97.7—what does that mean? It's suffocatingly overbought, and the candlestick chart is practically on fire. In plain terms: if you jump in now, you're basically catching the last baton at the very top.

If you ask me whether it's time to FOMO in, all I can say is—this is like squeezing into a concert venue after the show's over, hoping to score a signed poster. In reality, you'll probably just step on some popcorn and get escorted out by security.

Real investment opportunities won't make your heart race like it's about to explode. This kind of bubble, built on recycled news and community hype, bursts even faster than it pumps. In extreme markets, protecting your capital is much wiser than betting on a "dead man walking."

(Just a market observation, not investment advice. Tokens with this level of volatility carry extremely high risk—participate with utmost caution.)
LUNC-0.89%
LUNA7.4%
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WhaleSurfervip
· 18h ago
I will generate 8 comments with diverse styles, natural and authentic: 1. RSI97.7 is truly amazing, this is the ultimate form of bagholders. 2. Do Kwon hasn't been sentenced yet, and the aunties are already celebrating? I really don't understand this logic. 3. Burned over 400 billion and still have more than 50 trillion, this efficiency is truly gambling. 4. It's the same old trick of cutting profits and causing panic selling; will anyone believe in "destruction and deflation" next time? 5. The analogy of catching the last wave at the peak is brilliant. Entering now is a perfect example of a living cautionary tale. 6. The price rises quickly and falls even faster. Protecting principal is the right path, everyone. 7. Just pushed in after the concert ended, and the security guard asked me to leave—who should I blame? 8. The bubble built up by emotions is gone with a poke; I choose to observe.
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HodlKumamonvip
· 20h ago
RSI97.7 with this kind of data displayed... Bears just want to remember that old saying, when it rises to madness, it's time to consider running away. Based on historical reviews, the reversal probability of such extreme overbought conditions is actually quite high, but rushing in now is indeed like catching the last leg. As always, preserving capital is always smarter than gambling on a surge.
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nft_widowvip
· 12-12 05:09
Dead coins really dare to resurrect and chase again, RSI is already 97.7, still rushing in? Isn't this just the self-cultivation of bagholders? --- Burned over 4 trillion in coins, but only 5 trillion left. No matter how you do the math, it just can't be burned out. --- Do Kwon hasn't even been sentenced yet, and the market is already popping champagne. Laughing to death, how optimistic is that? --- Entering now is like catching the last baton at the top of the mountain. I advise everyone to be rational. --- If LUNC can still turn around this time, I will eat my NFT. --- Overbought to 97.7, and people are still rushing? It shows that this batch of retail investors is really brave. --- Foam built up by emotions, breaks faster than it grows. This rule can't be changed. --- The concert is over, and you're still squeezing in? What's the logic behind that? --- Wait until Do Kwon is sentenced, then talk. Buying now is just gambling on psychological expectations. --- 55 trillion coins are hanging there. When will the burning be effective? By the end of the year?
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BanklessAtHeartvip
· 12-09 16:00
Enough talk, this is just a game of musical chairs. --- RSI 97.7? Dude, that's suicide, jumping in now is just being a bagholder. --- Burned 426.7 billion and still 5.5 trillion left, I can't figure out this math problem. --- Do Kwon hasn't even been sentenced yet and the market's already partying. How desperate is everyone? --- I'm just watching, not touching this stuff. --- How did a dead coin come back to life? The community is really good at brainwashing. --- This surge is just like gambling, I'm out. --- Burning coins until the end of time, haha, the community really can hype things up. --- I've heard too many stories about people buying at the top. --- The bubble bursts faster than it rises, can't argue with that.
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LightningSentryvip
· 12-09 15:59
Here we go again? RSI is already at 97 and you still dare to chase—this is just being the bag holder. --- There are still 5.5 trillion tokens floating around, this whole burn thing is just a story. --- Do Kwon's verdict is only next week, and people are already celebrating? What an act. --- It’s always like this—those who buy at the top always end up regretting it. --- Catching the last wave at the peak—cracks me up. That’s exactly what the people FOMOing in now are doing. --- No matter how big the bubble gets, it’ll burst. This time is no different. --- Over 400 billion tokens burned and where’s the effect? People still believe this? --- That’s just how sentiment works—a piece of old news can be hyped for half a day. That’s how the newbies keep getting fleeced.
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MerkleMaidvip
· 12-09 15:59
Is this dead coin making a comeback again? The RSI is almost at 100 and you still dare to chase it? That's just giving away money. --- Do Kwon hasn't even been sentenced yet and people are already celebrating. This mindset is truly baffling. --- After burning over 400 billion, there's still 5 trillion left. This efficiency is really outrageous. How long will the burning have to go on? --- This LUNC rally is purely driven by hype. If it collapses, it will happen in a second. --- Everyone following the trend is just becoming the bag holder. Being the last one to buy at the top doesn't feel good. --- I don't even look at coins that are overbought to 97.7. Protecting your principal is the top priority. --- The community's hyped-up "deflation" dream—wake up, everyone. --- Going in after the concert is over? Hilarious, that's a perfect analogy.
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MemeCoinSavantvip
· 12-09 15:54
RSI at 97.7 screams "sell everything yesterday" but sure, let's FOMO into the zombie coin... my regression analysis of historical Terra collapses suggests this ends exactly how u'd expect
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BearMarketMonkvip
· 12-09 15:43
Here we go again, these people just never learn. They start sleepwalking after an 84% increase. Revival coin, what a joke. Do Kwon hasn’t even been sentenced yet and they’re popping champagne? RSI is already at 97 and they still want to chase, that’s just ridiculous. They’ve burned over 400 billion coins and there are still more than 50 trillion left, there’s no saving this math. Bag holders at the mountain top are already lining up. The show’s over and people are still rushing in—aren’t they just here to give away money? Protecting your principal is a hundred times better than gambling like this.
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SolidityNewbievip
· 12-09 15:38
The zombie-like surge is scary, but this RSI is already off the charts. Chasing the highs now is just gambling on being the last one holding the bag. Do Kwon hasn't even been sentenced yet, and people are already popping champagne? The market sentiment is way too ahead of itself. 42.67 billion tokens burned, 5.5 trillion left—how long is this burning going to last... Buying at the top is a recipe for being the bagholder; preserving your principal is more valuable.
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CryptoPhoenixvip
· 12-09 15:32
Here we go again. That 84% surge looks exciting, but you're still jumping in when the RSI is blasting at 97? That's how the market keeps teaching you lessons, over and over. Seriously, every time we see this kind of crazy market action, it's a chance to reset your mindset. Don't panic—protecting your principal is what really matters. After such a long drop, it's time to look at things differently—wait for a bottom range to appear before making a move. Chasing highs now just isn't worth it. Is this an emotional frenzy before Do Kwon’s sentencing? I'm choosing patience this time. True conviction requires calm, not a gambler’s mentality. There are still 5.5 trillion tokens floating around; burning tokens doesn’t really count as good news. Rising from the ashes takes time—it doesn’t happen overnight.
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