Why has the price of
$LUNC increased?
Investors have accumulated
#LUNC✅ over the past two months in anticipation of the#Binanceperiodic token burn. Historically, crypto burns have acted as bullish catalysts in the cryptocurrency market. Investors are optimistic that the upcoming burn event will positively impact LUNC price, reflecting this sentiment.
On-chain LUNC burning is steadily increasing, and a popular supply change tracking bot shows an average of 178 million LUNC tokens being burned every day. The total remaining LUNC supply is 6,793,288,228,623 units. The LUNC community is eagerly awaiting the Binance burn and predicts that it will significantly reduce the token supply
minimum
As the supply of LUNC decreased, its value continued to stabilize, proving to Do Kwon and the crypto industry at large that a united community is the greatest strength any crypto project has. there may be. All eyes are on the price of the Terra Luna Classic to see how it will perform after burning.
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