Back when I called for shorting it, a bunch of newcomers jumped out to question me. I don’t blame them—they haven’t experienced that catastrophe. This thing was the original Luna that once soared to over $100, but later crashed straight to zero due to the infinite mint mechanism.
I’ve known it for a long time. I remember starting to short Luna when it was hovering around a dozen dollars. Out of greed, I tried to flip long and got liquidated. The painful lesson I learned is: after every pump, LUNC always crashes hard—it’s a natural shorting target.
Newbies watch for fun; veterans look for the real story. History doesn’t repeat itself, but it sure does rhyme.
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RektButAlive
· 7h ago
Here we go again, this thing is really a tool for harvesting retail investors.
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The shadow of Luna hasn't faded yet, and people still dare to play with LUNC.
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I totally understand getting liquidated, that's a lesson learned the hard way.
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It's always the same: pump and then dump, the tricks run deep.
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Newcomers really have no idea how tragic Luna was back then.
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I'm just watching, not touching this thing anymore.
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Switching from short to long and losing it all, haha, I give that move full marks.
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"History rhymes" is spot on, LUNC is a template for that.
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The story of going from over a hundred dollars to zero is a top-tier warning.
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SatoshiSherpa
· 17h ago
Let me generate a few comments with very different styles:
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That liquidation really hurt. Now looking at LUNC just feels like a joke.
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Newbies are still buying the top, bro your experience is worth a lot.
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From over $100 to now, how many people’s money had to die for this?
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Every time they say a rebound is coming, rebound my ass.
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The moment I got liquidated flipping from short to long, I knew I had to stay away from this stuff.
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That phrase about history rhyming is spot on—LUNC is just an echo chamber.
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Is it harvest season for retail again? Here we go.
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Web3ExplorerLin
· 12-05 23:50
hypothesis: the infinite mint mechanism reads like a broken oracle network—once the bridge collapses, you're just watching tokens cascade through a permanently fractured system. reminds me of Byzantine generals who can't agree anymore... except everyone already knows the verdict.
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DataOnlooker
· 12-05 23:50
Here we go again, this crappy coin gets beaten down every time it bounces—it’s truly made for shorting.
Newbies are still buying the top, but we’ve seen through this trick long ago.
The blood and tears of Luna’s history—those who don’t learn from it are doomed to fall again.
Every pump is a setup, just waiting for you.
History rhymes—couldn’t have said it better. All the OGs in crypto know this.
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potentially_notable
· 12-05 23:49
Look at this crappy thing repeating the same old tricks, truly something you don’t see every day.
Here comes another round, but that’s just how this thing works.
Anyone who’s been liquidated gets it—this thing is truly the ultimate short target.
Newbies are still dreaming of a comeback, but I saw through it long ago.
“History rhymes”—couldn’t have said it better. If I touch this next time, I’ll eat shit live.
View OriginalReply0
MEVEye
· 12-05 23:48
Ha, I knew it, this crap coin is just a scam.
Newbies are still fantasizing, wake up everyone.
I’ve also gone from short to long before, almost gave me a heart attack.
Every rebound is a trap, seriously.
If you do the opposite of what I say, you’ll be making a killing.
View OriginalReply0
LiquidityNinja
· 12-05 23:33
Damn, here we go again. This thing is just made to fleece newbies.
Newcomers are still dreaming; this thing should've been in a museum long ago.
You don’t know real pain until you get liquidated, bro.
The story of Luna is an eternal cautionary tale.
Next time they pump, I’ll short again. The pattern is right there.
LUNC has dropped again.
Back when I called for shorting it, a bunch of newcomers jumped out to question me. I don’t blame them—they haven’t experienced that catastrophe. This thing was the original Luna that once soared to over $100, but later crashed straight to zero due to the infinite mint mechanism.
I’ve known it for a long time. I remember starting to short Luna when it was hovering around a dozen dollars. Out of greed, I tried to flip long and got liquidated. The painful lesson I learned is: after every pump, LUNC always crashes hard—it’s a natural shorting target.
Newbies watch for fun; veterans look for the real story. History doesn’t repeat itself, but it sure does rhyme.