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Top Exchange Announces New Burn Landing Page For LUNC. Here’s the Significance WEEX, a Singapore-based crypto exchange, is supporting the Terra Classic community with a new landing page for the $LUNC burn initiative, signaling its commitment to the ecosystem's growth. Developed with prominent figure Mr.Diamondhandz1, the landing page offers details on the burn initiative and a countdown timer for monthly burns, fostering transparency and engagement. WEEX allocates 15% of its trading fees to burning LUNC tokens, aiming to reduce supply and potentially increase value. This initiative aligns with WEEX's dedication to #TerraClassic 's long-term potential, providing a robust trading platform and contributing to community sustainability. A call to action encourages the #LUNC community to participate, emphasizing collaboration for the ecosystem's revitalization. #BinanceLaunchpool

Top Exchange Announces New Burn Landing Page For LUNC. Here’s the Significance

WEEX, a Singapore-based crypto exchange, is supporting the Terra Classic community with a new landing page for the $LUNC burn initiative, signaling its commitment to the ecosystem's growth. Developed with prominent figure Mr.Diamondhandz1, the landing page offers details on the burn initiative and a countdown timer for monthly burns, fostering transparency and engagement. WEEX allocates 15% of its trading fees to burning LUNC tokens, aiming to reduce supply and potentially increase value. This initiative aligns with WEEX's dedication to #TerraClassic 's long-term potential, providing a robust trading platform and contributing to community sustainability. A call to action encourages the #LUNC community to participate, emphasizing collaboration for the ecosystem's revitalization.

#BinanceLaunchpool

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Binance Burns Over 59 Billion Terra Luna Classic Tokens in Latest LUNC Burn Crypto Exchange Binance continues to show true service to the Terra Luna Community by conducting another token burn. According to Lunc Burn Tracker Binance just burned another heap of LUNC tokens totaling the number of tokens burned by the crypto #exchange to over 59 Billion. Usually, Binance conducts LUNC burns on the first day of every month, the crypto exchange decided to up the bar and execute another LUNC burn operation. The monthly LUNC burns are a key aspect of Binance’s support to the Terra Luna Classic ecosystem, despite a noticeable drop in trading volume in May which has impacted the burn amount expectations for June. In addition to its monthly burns, this leading crypto exchange by trading volume conducts “surprise” burns of LUNC tokens. By sending another batch of LUNC tokens to the burn wallet, this mechanism reduces the number of LUNC tokens circulating in the crypto market. This is a significant gesture of Binance’s proactive approach to stabilizing and revitalizing the #TerraLunaClassic ecosystem. In early May, Binance took 1.4 billion LUNC to the burn wallet as its 21st batch of LUNC tokens since the initiative began. With the latest token burn of 29,828 LUNC, the number totaled 59.07B tokens. Binance accounts for 50% of the total LUNC burned. This significant contribution underscores Binance’s major role in the #terraluna revival efforts. The Terra $LUNA community has wholly contributed to the total burn of 113.71 billion #LUNC✅ tokens. Binance has supported Terra LUNA tirelessly with the monthly burns since 2022. The monthly $LUNC burn mechanism has been a cornerstone of the community’s efforts to restore LUNC’s price value and stability to the LUNC ecosystem. #EarnFreeCrypto2024
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