LUNC is burning but why isn’t it fueling a price pump, exploring reasons

It has been quite some time since the launch of the much-awaited Terra Classic [LUNC] 1.2% tax burn protocol, which according to many had the potential to change LUNC’s fate in the long run. To date, more than 18 billion LUNC tokens have been burned, which accounts for over 0.268% of the token’s total supply.  […]