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What does it mean "dead-on-chain-volume"? 
. As far as I understand, if a token is "burned" it should be lost forever and never sold again on a chain, isn't it? hence, the price would go up, because of scarcity as long as people keep buying and burning.
Of course, we need both. So, if we have both, then the price would definitely go up, right? I'm completely convinced that if we have scarcity, we will eventually see a high demand, because of how greedy the crypto community is 
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@FatManTerra you are correct. Scarcity alone won't do it. Demand is needed but LUNC has not purpose at this point. LUNA/UST, the algorithm, and the 20% APR were the value proposition. If the community can actually govern, develop a new value proposition or function that creates
So, the question remains, what do you mean by "dead on-chain volume"? sorry I'm asking, I'm not a native english speaker, so its definition is not clear to me.
There's not that much activity on-chain, so even if we burn 2% of every transaction, you won't burn trillions
Or builds something...then and only then is there a chance. Possible? Yes. Likely? Depends on the validators and developers and the community being able to take over LUNC entirely. Time will tell albeit slowly if ever.
Ugh, as much as I want to be wrong, I wouldn't bet for $0.09. But MAAAAYYYBEEE $0.01 if there's a hell of burning and demand.
People create demand...and there is no shortage of people who can buy these at ultra cheap price. People will run behind this if graph starts going up.
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