$LUNC is the most unprofitable crypto among the top 100, here is why it is destined to fail lunc lunaburn lunaclassic
. The cryptocurrency lost nearly 25% of its value during the week, with the biggest drop occurring in the final days of it.
The reason for the drop in the recent days was the disclosure of details on the burning of LUNC on the global cryptocurrency exchange Binance, where the project has perhaps the most liquidity. While many LUNC enthusiasts had expected an implementation of a token burning tax when a transaction is made with it on Binance, exchange head Changpeng Zhao denied such a decision.
Instead, CZ introduced a subscription for each user to burn the cryptocurrency and said that a full-fledged solution should only be expected when more than 50% of
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