🔥🔥Terra Classic Should Reawaken After Binance Burns 2.2 Billion LUNC🔥🔥

🔥Binance, the biggest cryptocurrency exchange, burned nearly 2 billion LUNCs in one day.

🔥🔥Binance begins massive LUNC burn

🔥A Terra Luna army member on X (previously Twitter) revealed Binance's 2.2 billion LUNC burn. The cryptocurrency exchange burned 2,243,572,668 LUNC tokens worth $321,301.

🔥Since May 2022, Binance has burned 53.49 billion LUNC over 2,956 transactions. The crypto exchange debuted February 2024 with 2.09 billion LUNC burned.

🔥On January 1, Binance burned 5.57 billion LUNC tokens again. The crypto exchange has burned a lot of LUNC tokens on the first of every month for years.

🔥About 102.14 billion LUNC tokens have been burnt since May 2022. Large-scale burning by Binance and the Terra Classic community are included.

🔥The Terra Luna army thanked Binance's former and present CEOs, ChangPeng Zhao and Richard Teng, for their support of Terra Classic via its burn operations.

🔥Binance's token-burning activities demonstrate the exchange's commitment to sustainable development in the Terra ecosystem and its collaboration with the Terra community to revive Terra Classic.

🔥🔥Terra Classic Could Return

As the Terra Classic community appreciates Binance's aggressive attempts to increase the token's value, anticipation has created a possible market revival.

🔥Burning tokens to regulate a cryptocurrency's supply might affect its market dynamics. Terra Classic may recover after Binance burned 2.2 billion LUNC.

🔥Binance's monthly burns have been slowly reducing LUNC's supply to promote scarcity and perhaps boost its price.

🔥The Terra Classic community also reports that LUNC has broken major resistance levels and is strong. The cryptocurrency has risen 49% in 30 days, demonstrating its commercial potential.

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