Think again. Idiots are burning their luna tokens with the hope it will increase the price of luna. Recall that luna had a 20x increase in supply just recently so good luck with that strategy.
So LUNC had a bull run partially because idiot exchanges are trying to institute a "burn" tax on crypto transaction to or from this cryptocurrency. If this hypothetically happens over a trillion times, it's possible it would at least temporarily restore the broken LUNC/UST peg.
