🌖 Supply Metrics Show Improvement but Work Remains
Circulating supply metrics for $LUNC
LUNC
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Are showing signs of thinning indirectly via burns and transfers off exchanges, yet the absolute supply remains extremely large. This means that while supply trends are improving, they’re still insufficient to create major scarcity. Many analysts argue that unless demand increases significantly, price impact will be muted. In essence, the narrative is shifting from “collapse” to “rebuild,” but the journey ahead is long. Holders are encouraged to watch both supply and demand metrics, not just token burns.