Is current halving meaningful? If yes, what will be last meaningful halving?

To be precise: last halving in 2020 wasn't that meaningful but more due to global post-covid crisis. But every halving causes less and less supply shock and BTC price is more of a subject of trade on existing BTCs than waiting for more. Currently I've read about ~7mln BTCs lost and about 1mln to be mined, so lost Bitcoins have much more weight on supply than miners do.

So do you think current halving won't be this meaningful for the price? Or it will be the case for some future halving?