LUNC, USTC Price Jump 10% As Binance Burns 1.14 Billion Terra Luna Classic
The world’s largest crypto exchange Binance has burned 1.14 Terra Luna Classic tokens in the 26th batch of LUNC burn mechanism. This move has sparked optimism, as evidenced by the surge of over 10% in LUNC and USTC prices. Besides, the latest LUNC burn frenzy by the leading exchange has also fueled investors’ sentiment, who are anticipating a further rally in the crypto’s price.
Binance Continues Terra Luna Classic Burn Initiative
In the latest move, the top crypto exchange Binance has burned 1.14 billion LUNC tokens. This reflects the exchange’s commitment to the Terra Luna Classic community, which has sparked market optimism. Besides, this substantial burn has pushed the prices of LUNC and USTC higher today by more than 10%, indicating a growing market confidence.