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LUNC BURN
Although Terra Classic (LUNC) has surged 5.45% in the past 24 hours to $0.0001223, the impressive performance extends beyond mere price gains. The communityâs concerted efforts have resulted in a staggering 420,331,290 LUNC tokens being burned over the past week alone.
These burns bring the total number of burned tokens to an impressive 98.69 billion LUNC, with only 1.31 billion separating it from the coveted 100 billion mark.
Diving deeper into the tokenomics, the total circulating supply of Terra Classic (LUNC) currently sits at 5.78 trillion, representing just over 85% of the total supply of 6.81 trillion. The communityâs unwavering commitment to reducing this circulating supply through burning shows their long-term vision of driving up the tokenâs value.