$LUNC Terra Classic (LUNC) is the original native governance token of the Terra ecosystem. It was previously known as Terra (LUNA) before the UST/Luna collapse and the establishment of a new Terra chain. LUNC is a Proof of Stake blockchain network token that was used for staking, governance, and minting stablecoins
Despite losing significant value after the collapse, it still retains a use case as a payment token within the Terra ecosystem, with a native burn mechanism that could support its price over time.
It is used for
1.staking and givernance
2.payment token
3. Native burn mechanism.
Total lunc burned till dec 30 = 394.46 B
Lunc burned this week in 7 days = 286,952,085
Total circulating supply of lunc =6.5 T
Top 3 burners Are
1)Binance
Total burned : 68,389,217,798
17.3%
2 ) DFLUNC Protocol
Total burned: 4,512,956,620
1.1%
3) LunaticsToken
total burned: 1,976,175,010
0.5%
LUNC Key Price Metrics
Current Price: US$0.00011161
24 Hour High: US$0.00011437
24 Hour Low: US$0.00010915
All Time High (ATH): US$119.18
All Time Low (ATL): US$0.000000999967
% from ATL :11,098%
Total Volume: US$24M
Market Cap: US$615M
Volume / Market Cap: 3.98%
Fully Diluted Market Cap: US$727M