Binance Burns 1.2B LUNC, But Where's the Price Boost? 🔥📉
Binance just burned a whopping 1.2 billion Terra Classic (LUNC) tokens, aiming to shrink supply and drive up prices. However, despite this bold move, LUNC's price hasn't rallied as expected. Why? Investor confidence remains shaky after Terra's collapse, and demand for LUNC hasn't picked up enough to push prices higher. Add in a volatile crypto market, and it's clear that LUNC faces more challenges ahead.