With the recent surge in LUNC, the market is once again shouting "the king is back" and "tenfold myth"? Wake up.
There’s a golden rule in crypto—chase the new, not the old. How long can leftover hype and recycled narratives sustain an old token without new stories to back it up? This LUNC rebound looks more like a short-term, sentiment-driven speculation; there’s been no fundamental change.
From a technical perspective, the 0.065 level is already a decent entry point for shorting. The price is struggling to climb higher, and trading volume isn’t keeping up—a classic bull trap signal. Based on this trend, there’s a high chance it’ll retrace to its original level within two days.
Of course, the market is always full of surprises, but the risk of buying at the top clearly outweighs any potential gains. For old tokens to make a real comeback, there needs to be substantial ecosystem progress or renewed capital interest—pure emotional hype won’t last long.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
5
Repost
Share
Comment
0/400
DAOdreamer
· 12-06 07:48
Here we go again, you're not wrong... but I just see someone getting stuck holding the bag every time.
View OriginalReply0
CounterIndicator
· 12-06 07:48
Haha, hyping up LUNC again? The leftovers are about to mold.
View OriginalReply0
GasWrangler
· 12-06 07:46
nah, empirically proven dead cat bounce. actually if you analyze the mempool data, zero real capital inflow here—just retail fomo noise. demonstrably sub-optimal entry at 0.065, mathematically speaking.
Reply0
LayerZeroHero
· 12-06 07:46
Here we go again, I’ve seen this LUNC trick too many times—it’s not coming back.
To be honest, should’ve sold at 0.065, the bull trap was too obvious.
No matter how tasty reheated leftovers are, they’re still leftovers. Without a new story, it’s dead.
Just wait, the real opportunity isn’t here.
View OriginalReply0
ContractTearjerker
· 12-06 07:34
Talking about LUNC's comeback as the king again, hilarious. After so many rounds of reheating leftovers, there are still people who believe it?
---
Short at 0.065, I'm betting two bucks it will collapse in two days. That's how sentiment-driven trading works.
---
Sigh, another feast for the bag holders. Nothing has changed fundamentally, yet they hype it up as a tenfold opportunity. This trick is getting old.
---
It's not that easy for old coins to make a comeback. Without a new story, it's dead. Good luck to those shorting.
---
I just want to know how many people still truly believe LUNC can come back from the dead. Wake up, everyone.
---
Trading volume isn't following at all. This is just a bull trap. Those chasing highs, you're on your own.
With the recent surge in LUNC, the market is once again shouting "the king is back" and "tenfold myth"? Wake up.
There’s a golden rule in crypto—chase the new, not the old. How long can leftover hype and recycled narratives sustain an old token without new stories to back it up? This LUNC rebound looks more like a short-term, sentiment-driven speculation; there’s been no fundamental change.
From a technical perspective, the 0.065 level is already a decent entry point for shorting. The price is struggling to climb higher, and trading volume isn’t keeping up—a classic bull trap signal. Based on this trend, there’s a high chance it’ll retrace to its original level within two days.
Of course, the market is always full of surprises, but the risk of buying at the top clearly outweighs any potential gains. For old tokens to make a real comeback, there needs to be substantial ecosystem progress or renewed capital interest—pure emotional hype won’t last long.