/biz/ - Business & Finance

Anonymous Thu Sep 8 13:57:46 2022 No.51330805 [View]
File: 4 KB, 494x122, burn at 400 bill daily.png [View same] [iqdb] [saucenao] [google]

Aight here I go.

The on-chain volume seems pretty high. At an average 400 billion LUNC moved daily, they would burn the entire supply in 4 years.
Of course it isn't happening like this, but still is not some "hundreds of years" shit
https://luncpenguins.com/volume/on_chain.html

I don't know if I'm calculating it right, but I'd like to see if I'm understanding it correctly

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