LUNC 1.2% Tax Burn is coming

Are you ready for the Proposal 1.2% Tax Burn parameter Change ?

LUNC delivered a robust bullish performance this week and this is likely due to the positive response to the 1.2% tax. Such measures will aggressively reduce the oversupply and this will have a positive impact on its long-term price action.
Go To Link

The LUNC rocket

The coin rallied by roughly 160% in the last seven day. This upside was enough to put it deep into overbought territory and hence the current short-term bearish outlook.
Go To Link

Lunc social volume

Such an outcome may encourage more LUNC accumulation and soften its downside because there is now a strong incentive for long-term HODLing.
Go To Link

Terra Classic’s weighted sentiment metric

Terra Classic’s weighted sentiment metric is attempting to improve significantly in favor of the bulls. These developments may plunge LUNC into a strong accumulation phase now that investors are warming up to the network.
Go To Link