🚨🆘 Major#alert and #Update that you must know 🚨‼️
🎯Terra Luna Classic to Burn 18 Billion LUNC: Potential Rally Ahead?🚀💰
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👥💪🏻The Terra Luna Classic community plans to burn 18 billion LUNC and 68 million USTC to reduce supply and revive token value.
🔥🔥 Token Burn Proposal: 12 billion LUNC and 68 million USTC to be burned from Anchor bLuna and Lido rewards dispatcher contracts.
👥 Community Effort: This is the second-largest supply reduction after a recent burn of 7 billion LUNC.
🤝🏼Ownership Changes: Following a Lido DAO proposal, the Terra Luna Classic community now controls the contracts.
📊Market Impact:
📈📉 LUNC Price: Currently at $0.000080196, with potential to reach $0.0001 in July due to the proposed burn, Binance LUNC burn, and Tax2Gas implementation.
📈📉USTC Price: Currently trading at $0.01743, down 1.5% in the last 24 hours.
🧑💻The proposed burn aims to revive LUNC and USTC, with governance voting to start soon for community approval.
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