LUNA BTD mode
LUNA has been trending down due to the ANC fiasco. Do announced 9.5 mill Luna burn used to mint UST for ANC reserves. If you know the tokenomics here, every $1 UST minted means $1 LUNA burned. This is starts in 24 hours and will be completed within 5-10 days. In the past we pumped and I don’t see how it will be any different this time. Luna looks ready to pull its old price action in the short term where it disregards the entire market and does it’s thing. Break $60 and it’s on. Good look.
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