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🚀 Exciting News! The Terra Luna Classic community just hit a major milestone by burning 76 billion LUNC tokens since May 18, 2022! 🔥 🔥 Binance, the world's largest crypto exchange, has played a big part, torching over 38.81 billion LUNC—more than half of the total burned. 💰 Currently, there are 5.80 trillion LUNC tokens in circulation, with a max supply of 6.83 trillion. The mission? Boost the burn rate by enhancing LUNC use-cases! 📆 Stay tuned for Q4 plans to reduce LUNC and USTC supply. Exciting times ahead! 🚀 💸 LUNC is currently trading at $0.00005607. Keep those rockets firing! 🚀🚀🚀 #TerraLunaClassic #CryptoMilestones #LUNCBurning #crypto2023 #cryptocurrency
🚀 Exciting News! The Terra Luna Classic community just hit a major milestone by burning 76 billion LUNC tokens since May 18, 2022! 🔥

🔥 Binance, the world's largest crypto exchange, has played a big part, torching over 38.81 billion LUNC—more than half of the total burned.

💰 Currently, there are 5.80 trillion LUNC tokens in circulation, with a max supply of 6.83 trillion. The mission? Boost the burn rate by enhancing LUNC use-cases!

📆 Stay tuned for Q4 plans to reduce LUNC and USTC supply. Exciting times ahead! 🚀

💸 LUNC is currently trading at $0.00005607. Keep those rockets firing! 🚀🚀🚀 #TerraLunaClassic #CryptoMilestones #LUNCBurning #crypto2023 #cryptocurrency
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🔥 Terra Luna Classic (LUNC) Token Burn Hits 100 Billion as Binance Destroys 2.1 Billion Tokens - A Crypto Game-Changer! In a monumental move, Binance has torched 2.1 billion Terra Luna Classic (LUNC) tokens in its 18th burn, bringing the total to a staggering 51.27 billion. This relentless effort aims to slash the circulating supply, propelling LUNC towards the remarkable 100 billion milestone. January witnessed a surge in burn rates, with Binance incinerating 5.57 billion LUNC tokens. This spike coincided with heightened trading volumes, fueled by new perpetual contracts and trading pairs. Collaboratively, the community torches an average of 600 million LUNC tokens weekly. Despite the burning fervor, challenges persist as LUNC and USTC prices face pressure. LUNC dipped 7% to $0.00009444, while USTC held steady at $0.02409. Liquidations hint at shorting activities, yet the community remains bullish, anticipating a resurgence amidst broader market optimism and the looming Bitcoin halving. #LUNC #TradeNTell #Write2Earn #BinanceBurn #LUNCBurning $LUNC $SOL $BTC
🔥 Terra Luna Classic (LUNC) Token Burn Hits 100 Billion as Binance Destroys 2.1 Billion Tokens - A Crypto Game-Changer!

In a monumental move, Binance has torched 2.1 billion Terra Luna Classic (LUNC) tokens in its 18th burn, bringing the total to a staggering 51.27 billion.

This relentless effort aims to slash the circulating supply, propelling LUNC towards the remarkable 100 billion milestone.

January witnessed a surge in burn rates, with Binance incinerating 5.57 billion LUNC tokens. This spike coincided with heightened trading volumes, fueled by new perpetual contracts and trading pairs. Collaboratively, the community torches an average of 600 million LUNC tokens weekly.

Despite the burning fervor, challenges persist as LUNC and USTC prices face pressure. LUNC dipped 7% to $0.00009444, while USTC held steady at $0.02409.

Liquidations hint at shorting activities, yet the community remains bullish, anticipating a resurgence amidst broader market optimism and the looming Bitcoin halving.

#LUNC #TradeNTell #Write2Earn #BinanceBurn #LUNCBurning $LUNC $SOL $BTC
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Why I am Super Bullish on LUNC? 1. It’s extremely low price 2. It follows $BTC movement perfectly 3. Have a great community and it’s growing organically 4. World largest exchange #Binance burns only $BNB AND $LUNC 5. It’s fast, secure and cheapest of all blockchains in the world. If haven’t bought a bag of LUNC then do it now. #LUNC #LUNCBurning #USTC #BNB
Why I am Super Bullish on LUNC?
1. It’s extremely low price
2. It follows $BTC movement perfectly
3. Have a great community and it’s growing organically
4. World largest exchange #Binance burns only $BNB AND $LUNC
5. It’s fast, secure and cheapest of all blockchains in the world.
If haven’t bought a bag of LUNC then do it now.
#LUNC #LUNCBurning #USTC #BNB
Luna Classic Burn: How Many LUNC Have Been Burned So Far? The Luna Classic burn mechanism is a community-driven initiative aimed at reducing the circulating supply of LUNC tokens. This deflationary measure is intended to increase the value of LUNC by making it more scarce. As of October 31, 2023, a total of 76.3 billion LUNC tokens have been burned. This represents approximately 0.5% of the total LUNC supply. The majority of LUNC burns have been conducted by Binance, the largest cryptocurrency exchange by trading volume. Binance has burned over 40 billion LUNC tokens, accounting for over 50% of all tokens burned. Other exchanges and projects have also implemented LUNC burn mechanisms. For example, the Terra Rebels community has burned over 1 billion LUNC tokens. The Luna Classic burn mechanism is still in its early stages, and it is too early to say what impact it will have on the price of LUNC. However, the community is hopeful that the burn mechanism will help to restore LUNC's value and make it a more attractive investment. What is the future of LUNC burning? The future of LUNC burning is uncertain. The community is still debating the most effective way to implement the burn mechanism. Some members of the community believe that Binance should burn a larger percentage of its trading fees. Others believe that the community should focus on developing other deflationary measures, such as staking rewards. Despite the uncertainty, the community is committed to continuing the LUNC burn. The community believes that the burn mechanism is essential to LUNC's long-term success. Conclusion The Luna Classic burn mechanism is a complex and controversial issue. However, the community is united in its belief that the burn mechanism is necessary to restore LUNC's value. The future of LUNC burning is uncertain, but the community is committed to continuing the process. #LUNCBurning #lunac #Remotecrypto
Luna Classic Burn: How Many LUNC Have Been Burned So Far?

The Luna Classic burn mechanism is a community-driven initiative aimed at reducing the circulating supply of LUNC tokens. This deflationary measure is intended to increase the value of LUNC by making it more scarce.

As of October 31, 2023, a total of 76.3 billion LUNC tokens have been burned. This represents approximately 0.5% of the total LUNC supply.

The majority of LUNC burns have been conducted by Binance, the largest cryptocurrency exchange by trading volume. Binance has burned over 40 billion LUNC tokens, accounting for over 50% of all tokens burned.

Other exchanges and projects have also implemented LUNC burn mechanisms. For example, the Terra Rebels community has burned over 1 billion LUNC tokens.

The Luna Classic burn mechanism is still in its early stages, and it is too early to say what impact it will have on the price of LUNC. However, the community is hopeful that the burn mechanism will help to restore LUNC's value and make it a more attractive investment.

What is the future of LUNC burning?

The future of LUNC burning is uncertain. The community is still debating the most effective way to implement the burn mechanism. Some members of the community believe that Binance should burn a larger percentage of its trading fees. Others believe that the community should focus on developing other deflationary measures, such as staking rewards.

Despite the uncertainty, the community is committed to continuing the LUNC burn. The community believes that the burn mechanism is essential to LUNC's long-term success.

Conclusion

The Luna Classic burn mechanism is a complex and controversial issue. However, the community is united in its belief that the burn mechanism is necessary to restore LUNC's value. The future of LUNC burning is uncertain, but the community is committed to continuing the process.

#LUNCBurning
#lunac
#Remotecrypto
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#LuncToTheMoon # #Luna/usdt #LUNCBurning $ Terra Luna Classic (LUNC): Top 5 Reasons Why LUNC Price Could Reach $1 in 2024  Posted On February 4, 2024 8:22 am Prasanna Peshkar  Despite a challenging period, Terra Classic (LUNC) is showing signs of a potential turnaround as the broader crypto market experiences a bullish resurgence. The recent pause in its decline suggests that Terra Classic might be gearing up for positive momentum after a period of challenges. Let’s take a look at the top 5 potential reasons why LUNC price could reach $1 in 2024. Contenu [cacher] 1 How has the LUNC price moved in the recent days? 2 Why is the LUNC price UP? 3 Reasons Why LUNC Price Could Reach $1 in 2024 4 Buy Cryptos with Bitget with the CHEAPEST Fees How has the LUNC price moved in the recent days? LUNC/USD Daily Chart- TradingView LUNC is cruising at $ 0.000106 right now, with a decent trading volume of $ 114.58M and a market cap of $ 613.09M. In the past 24 hours, it’s seen an 11.16% bump. Flashback to Apr 5, 2022 – that was Terra Classic’s golden moment when it hit an all-time high of $ 119.01. But, hey, we’ve all had our low days, and May 13, 2022, was one for LUNC, hitting its all-time low of $ 0.00001651. The sentiment vibes are a bit bearish at the moment, scoring 60 on the Fear & Greed Index (yep, greed’s in the air). With 5.78 trillion LUNC out of the max 6.88 trillion in circulation, Terra Classic’s been on a -3.52% yearly supply inflation rate, cooking up -210.78 billion LUNC in the past year.  Why is the LUNC price UP? Binance just lit up the burn scene by torching 2.1 billion Terra Luna Classic (LUNC) tokens. They tossed ’em into the burn address terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu in a fiery transaction on January 1.  This marked the 18th round of the LUNC burn strategy, covering the period from December 31 to January 30. The burn-o-meter hit 51.27 billion Terra Classic tokens so far, all sizzling from trading fees
#LuncToTheMoon #
#Luna/usdt #LUNCBurning $

Terra Luna Classic (LUNC): Top 5 Reasons Why LUNC Price Could Reach $1 in 2024

 Posted On February 4, 2024 8:22 am Prasanna Peshkar



Despite a challenging period, Terra Classic (LUNC) is showing signs of a potential turnaround as the broader crypto market experiences a bullish resurgence. The recent pause in its decline suggests that Terra Classic might be gearing up for positive momentum after a period of challenges. Let’s take a look at the top 5 potential reasons why LUNC price could reach $1 in 2024.

Contenu [cacher]

1 How has the LUNC price moved in the recent days?

2 Why is the LUNC price UP?

3 Reasons Why LUNC Price Could Reach $1 in 2024

4 Buy Cryptos with Bitget with the CHEAPEST Fees

How has the LUNC price moved in the recent days?

LUNC/USD Daily Chart- TradingView

LUNC is cruising at $ 0.000106 right now, with a decent trading volume of $ 114.58M and a market cap of $ 613.09M. In the past 24 hours, it’s seen an 11.16% bump.

Flashback to Apr 5, 2022 – that was Terra Classic’s golden moment when it hit an all-time high of $ 119.01. But, hey, we’ve all had our low days, and May 13, 2022, was one for LUNC, hitting its all-time low of $ 0.00001651. The sentiment vibes are a bit bearish at the moment, scoring 60 on the Fear & Greed Index (yep, greed’s in the air).

With 5.78 trillion LUNC out of the max 6.88 trillion in circulation, Terra Classic’s been on a -3.52% yearly supply inflation rate, cooking up -210.78 billion LUNC in the past year. 

Why is the LUNC price UP?

Binance just lit up the burn scene by torching 2.1 billion Terra Luna Classic (LUNC) tokens. They tossed ’em into the burn address terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu in a fiery transaction on January 1. 

This marked the 18th round of the LUNC burn strategy, covering the period from December 31 to January 30. The burn-o-meter hit 51.27 billion Terra Classic tokens so far, all sizzling from trading fees
"Terra Classic Achieves Remarkable Staking Feat, Paving the Way for Record-Breaking Burns"Terra Classic (LUNC) is doubling down on its deflationary campaigns, with record staking volume and lined-up mega token burns ahead. Read more on: https://thecryptobasic.com/2024/02/01/terra-classic-lunc-hits-historic-staking-milestone-ahead-of-mega-burns/ #TerraClassicUSD #LUNCBurning #Crypto #CryptonewswithJack #CryptoNewsFlash

"Terra Classic Achieves Remarkable Staking Feat, Paving the Way for Record-Breaking Burns"

Terra Classic (LUNC) is doubling down on its deflationary campaigns, with record staking volume and lined-up mega token burns ahead.

Read more on: https://thecryptobasic.com/2024/02/01/terra-classic-lunc-hits-historic-staking-milestone-ahead-of-mega-burns/
#TerraClassicUSD #LUNCBurning #Crypto #CryptonewswithJack #CryptoNewsFlash