- A LUCE investor lost $335K after holding through a 70% crash, erasing over $5.2M in unrealized profits at peak value.
- Despite short-term gains, LUCE shows a prolonged bearish trend with high rug risk and 100% of red flags triggered.
- LUCE’s top 10 wallets control 37.32% of supply, and market data shows extreme volatility and speculative trading patterns.
According to Lookonchain, a dramatic turn in the LUCE market has left one long-term holder with a $335K loss. Six months ago, this investor acquired 19.14 million LUCE tokens at a price of $0.0275. At the token’s peak, his unrealized profit surpassed $5.2 million. However, LUCE has now crashed over 70%, wiping out most of those gains. The current price stands at $0.010459, reflecting a 6.90% daily uptick but a 65.58% drop in the last 24 hours.
This sharp volatility highlights the token’s unstable trajectory. Despite minor recoveries in short intervals, the broader trend shows sustained bearish momentum. Daily trading volume sits at 470.564K, suggesting moderate investor engagement compared to previous highs. The data also reveals a price surge above $0.35 in early November 2024, followed by a prolonged decline.
Bearish Pressure Builds After Brief Rally
From January through March 2025, LUCE traded sideways with minimal activity and low volume. Early April saw a breakout that pushed the price slightly above $0.03. However, a swift correction soon followed, as shown by a prominent red candlestick.
Besides, LUCE now holds a market capitalization of $10.45 million and a liquidity pool of $1.4 million. Additionally, it recorded a daily volume of $12.5 million. With 43,887 holders, the token appears widely distributed across wallets. However, centralization remains a concern as the top 10 wallets control 37.32% of the supply. Liquidity shows 68 million LUCE available from an initial 206.9 million, representing 20.69% in circulation.
Rug Risk and Speculative Moves
Rug probability is extremely high, with all 17 risk indicators flashing red. Consequently, LUCE holds a 100% rug score. Moreover, although the token shows a 6.4% “BlueChip” rating, investor caution dominates sentiment. Furthermore, the SOL pair gained 6.4%, indicating some external interest. In shorter timeframes, LUCE is up 0.57% in 1 minute, 4.08% in 5 minutes, and 9.14% in 1 hour.
