LUFFY’S DRAGON-BASED GEAR 5
Gear 2 augments Luffy’s blood to increase base speed.
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Gear 3 augments Luffy’s bones to increase mass and attack power.
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Gear 4 augments Luffy’s muscles to increase base speed, attack power (Bound Man), defense (Tank Man) and attack speed (Snake Man)
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My theory is that Luffy, inspired by seeing Kaido in his dragon form, will develop a Gear 5 that will allow him to reshape his skin into scales and harden them with the advanced form of Armament Haki exhibited by Katakuri.
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These scales will allow his body to stretch while maintaining an impenetrable defense.
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Adding the blood flow of Gear 2 to the mix could interact with Armament Haki at high speeds like a full body Red Hawk, setting his entire body on fire.
*Theory by cntoruga