LUNC Crypto Price Prediction, BINANCE Burns 2 BILLION Terra Classic?!

Añadido: 2026-06-07

[00:00:00]What's up, guys? Welcome back. The burn has happened. We've seen Binance burn for the 1st of June a bunch of supply for LUNC Army. Let's take a little look.

[00:00:09]We can see right here on this chart reflecting exactly what has done from Binance. Binance LUNC burn chart.

[00:00:17]So, effectively, we can see right here the 1st of June 2026 2.194 billion. That is insane, guys. So, a massive bit of support here from, of course, the Binance team. And uh yeah, you can literally just see this today 2.194 LUNC supply today. So, that is incredible support from Binance yet again, but it's still not enough to give these green candles because today the news on the macro side is pretty bearish, and we've literally seen one of the biggest OG's in the crypto space sell a lot of Bitcoin today, which is sparking very very much a bearish sentiment across the entire space. Now, we can see 8.51% we are up on the month now. We've basically eradicated most of the gains that we had made at the beginning of the month where we went all the way up to like $600 million plus market cap. You know, we actually shoot up to like $700 million, but we're back to the beginning. We're pretty much back to the beginning. It's been a downtrend ever since, and things are a bit rough and gloomy. Now, I do want to say guys, we are doing a $250 giveaway. So, if you do subscribe to the channel, you will be entered, and the giveaway will be made and done and finished on the 1st of July. So, simply subscribe and like the video to enter yourself to this giveaway. Now, we bought the burns are still coming in steady from Binance. Of course, they are. This is very linear.

[00:01:38]You know, we do have those jumps every now and then where we see more burns occur, but in general, Binance is the number one burner of all of the burners out there for LUNC, and you know, they sit pretty much at the top, right? So, now I've had 3,024 overall burns. Here we can see the Binance exchange. We can see those transactions literally written right here Uh where that quantifies around that sort of 2.1 billion mark, which is pretty crazy. So, yeah, they've been doing this already for 3 and 1/2 years or so, as you know, guys, but when you have trillions and trillions and trillions, well, I mean, how many billions is it in a trillion? It's like 1,000 billion or something. I mean, so you can effectively argue that even if Binance were to do 2 billion a month, it would still take 500 months just to remove a trillion, which is obviously a lot of time. Like, that's like 50 years of something crazy. So, it's going to take definitely more than that, as well. So, we're really seeing a reflection of market today in terms of the behavior from the higher-ups. You know, just in Michael Saylor strategy, he has announced they sold 32 Bitcoin for over 2.5 million. So, yeah, it's it's crazy, right?

[00:02:55]People only focus on the negative, so I wouldn't really worry too much about this particular news. Exchanges can sell, public companies can sell, anyone can sell Bitcoin if they want to. That's absolutely fine to redistribute. I would not be overall worried about that. However, we do have Luna Classic sitting on some very interesting technicals right now where we could potentially retest lower support at 779. If that does happen, if the market does swing down lower, then of course we can retest the support here. We can even make another drop down to the 68 region, which would be a little bit concerning overall. It would mean we're going to wipe out some of those highs that we made back in December, and we could even revisit some local lows such as, you know, 0.6, and hopefully not by even 0.53 could also be a possibility at this rate. Really, it's looking a little bit bearish, especially as we're creating this negative descending channel pattern here, which is sort of sifting down just like this, but you know, let's see because if you can't hold and consolidate here, it's going to be pretty good overall in general, I think. Um what else can we talk about, guys? Bitfinex, if you're looking to trade, new user rewards are potentially available at Bitfinex right now, so you can sign up below. You can huddle your LUNC there and a bunch of other things, too. You know, Bitcoin, Ethereum, Solana, it's all there and they absolutely treat you like a king.

[00:04:18]Also, quick update here with the Bitcoin Hyper ecosystem. 19.7k followers now. Um pretty much honing in towards the end of their ICOs. We're getting close to the end.

[00:04:31]Um building utility by day, saving the city by night. Pretty catchy slogan.

[00:04:35]Bitcoin ETF news, BlackRock's 1.3 billion IBIT dark pool sale. Why didn't Bitcoin crash? Well, when we scroll down um on this particular article, there is a little bit of a a mention, I think, or at least I saw somewhere with Bitcoin Hyper. Uh maybe not this one, actually, but you can see even here on ICO bench, tracking the heat, Stellar, DTCC pump ignite a 32.7 mil rotation into Bitcoin Hyper.

[00:05:01]So, we can see over here, as we scroll down, it says, "Here is the Bitcoin Hyper buzz legitimate? As capital rotates out of legacy coins, the Bitcoin layer two narrative is capturing the lion's share of community attention."

[00:05:14]You can see, Bitcoin has the foundation, Bitcoin Hyper has the power. This is a new layer two competitive solution and it says right here, "Scalability and speed and you know, solutions and high throughput is finally here for Bitcoin, where you can effectively buy with crypto, you can use something like Metamask or even base wallet, whatever you want to to have a look at this ICO here, um which will follow up with a token generation event very shortly, where you can claim your coins and effectively get selling them on the on DEXes or any of the exchanges that it will be deploying on. You can see the layer two framework is powered by the lightning network, the optimistic rollups, the zk rollups, and also the rootstock side chains. And yeah, this is what gives it the scalability and throughput that it needs. Obviously, it's going to be fast as well, which is important. It's a layer two chain, guys. 3 hours 29 until the price rises again. One hyper 0.0126809.

[00:06:09]And you can literally hit the buy with crypto button and use any of these EVM wallets of your choice. So, fingers crossed we will see this button launch very soon. They're getting a lot of anticipation, a lot of engagement, thousands and thousands of views as the community is getting ready for what hopefully will be a really, really good launch. So, have a little look, do some research on it if you want to. The link is below where you can find out more about this particular ecosystem.

[00:06:34]Anyways, guys, uh OUNC, I think going to be choppy, going to be volatile. I think June could be overall volatile in general all the blockchain space. And uh you know, this is not really a higher high when you also look at the macro here.

[00:06:51]Obviously, we produce these local highs, but each time, on average, they're actually becoming lower. Lower highs each time on average, right? So, that is the the trend that we we've been drawing over time. Is that the lows are becoming lower, the highs are becoming lower.

[00:07:09]Eventually, it will come to an end, I hope, and we can start producing some local highs that kind of outperform 2024, outperform 2025, and I think the next bull run will provide that. But, do remember, folks, I'm not a financial advisor. I am not giving you financial advice. I'm just a chat, a crypto chat that likes to talk about blockchain in his room. Um but, please do subscribe and like if you want to enter that giveaway. And we'll see you in the Discord, too. So, please join. It's free, completely free. Um yeah. So, thanks. All right now, peace.