Atomic Wallet Staking Rewards For LUNC Is 38%

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Atomic Wallet Staking Rewards For LUNC Is 38%

Why not stake as long as it’s at that rate and bail when it decreases?

Andrew Peters Answered question May 21, 2024
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For now, I don’t think this is the right time to buy LUNC with the current trend as you can see on the chart it is a downtrend so I don’t think this is a good time to buy and stake in LUNC as you can its already lost 30% in 1 month meaning if you staking this for almost a year you already lost 30% of your staking reward so it’s risky to start right now with the current price structure.

However, if it shows some signs of a bullish reversal that is a good time to start staking or buying this token while in a bullish trend.

Sashitha ilepperuma Answered question May 21, 2024
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