LUNC, an old player in the crypto circle, tends to bounce back every now and then. As a leftover product after the collapse of the Terra ecosystem, it may no longer be in the spotlight, but it always manages to attract the attention of speculators during market lull periods.

Talking about the origins of LUNC, we have to start with the UST de-pegging crisis. Luna Classic (LUNC) was originally the core token on the Terra chain. When the UST stablecoin mechanism collapsed, the entire ecosystem disintegrated, and the old chain was born. The current reality is: LUNC's circulating supply has reached 5.49 trillion tokens, with the price hovering long-term between $0.00003 and $0.00006.

What does this number imply? A simple calculation can tell us. To push LUNC to $1, its market cap would need to reach $5.49 trillion. This is not just an astronomical figure; it’s half of the total global gold market value, and more than five times Bitcoin’s market cap. From a probability perspective, this is essentially a pipe dream.

The LUNC community is of course aware of the problem and has pinned hopes on the transaction tax burn mechanism. The idea is straightforward: reshape the token’s value by reducing circulating supply. The data also shows sincerity— the community has already burned a total of 1.05 trillion tokens, accounting for a significant portion of the total supply.

But reality is often more brutal than ideals. Even after burning so many tokens, LUNC’s price has only increased by 3.8% over a whole year. Facing a supply of 5 trillion, the tokens burned annually are negligible in comparison. Imagine this: to make the $1 target feasible, the supply would need to decrease by 99.999%. This number is no longer a matter of difficulty but a fundamental mathematical barrier.