Great news for Terra Classic (LUNC) holders! Binance, a leading cryptocurrency exchange, continues to demonstrate its strong support for the LUNC community through ongoing token burns.
Over 51 Billion LUNC Burned to Date
Binance has already burned a staggering 51,064,060,329.16 LUNC tokens, translating to a significant reduction in LUNC's overall supply. This burning mechanism aims to combat inflation and potentially contribute to long-term price appreciation for LUNC.
Equivalent Value in USTC and USDT Highlights Transparency
For added transparency, Binance also highlights the equivalent value of the burned LUNC in both USDT (Tether) and USTC (TerraClassicUSD). This translates to $8,961,698.85 worth of USTC being burned as well.
Binance's commitment to LUNC burns signifies their belief in the project's future potential. This ongoing effort strengthens the LUNC ecosystem and fosters a positive outlook for the community.
Disclaimer: This information is for educational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions.