💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
In the Crypto Assets market, LUNC (Luna Classic) is attracting widespread follow from investors. As a project that once ranked fifth in market capitalization during the last bull run, LUNC still maintains considerable recognition and influence.
The uniqueness of this project lies in its token distribution mechanism. Unlike some other Crypto Assets, LUNC does not maintain operations through continuous issuance, but instead adopts a genesis issuance model similar to Bitcoin. All circulating LUNC tokens currently come from market participants and are not concentrated in the hands of any individual or group, reflecting a true decentralized characteristic.
The deflationary mechanism of LUNC is also worth following. The project has not issued any new tokens in the past three years, but instead continuously reduces the total supply through a transaction burn mechanism. Each transaction incurs a fee of 0.5%, with 10% used for block rewards and the remaining portion permanently destroyed. This design makes LUNC a deflationary public chain.
Many well-known exchanges have also participated in the construction of the LUNC ecosystem, supporting its trading and assisting in the token burn process. This broad market support provides liquidity and a value foundation for LUNC.
Although LUNC currently has a market capitalization of approximately 300 million USD, considering its unique economic model and broad market recognition, there may still be significant growth potential in the future. However, investors should be aware that the Crypto Assets market is highly volatile, and any investment decision should be based on a thorough understanding of the risks.