🔥 This is the amount of Binance Terra Classic (LUNC) burned this month

According to data, crypto exchange Binance continues to burn Terra Classic (LUNC) regularly.

Data shows that Binance has burned about 1.3 billion LUNC tokens in a total of 3 transactions as of June. This means that at the time of writing, the cryptocurrency exchange has burned a total of about 144k LUNC token dollars this month.

For an altcoin LUNC with a market value of $615 million, this burn amount is not an amount that can influence the price much, and on its chart, the token has lost about +10 in value in last week.

About half of the Terra Classic tokens burned to date were issued by Binance. The value of LUNC tokens burned by the cryptocurrency exchange to date stands at $6.4 million. So, Binance has burned about 1% of this altcoin's total supply to date.

The exchange conducts its largest token burns at the beginning of the month, but small amounts of burns can also be seen on other days. In other words, the number of Binance Terra Classic burns in June may increase slightly.