Terra Luna Classic Price Surged As Burn Rate Increases To 726 Million and ready for 0.0002?
Terra Classic price surged as the recent burn activity gained momentum, with 101 LUNC tokens burned in the last hour across one transaction. Today’s burn volume stands at 15,014,150.70 tokens, with 6,101 tokens burned through direct transactions and 15,008,049.70 through tax mechanisms.
According to LunaMetrics data, a remarkable 320,164,105 tokens were burned in the past seven days, significantly impacting LUNC’s overall supply. This increased burning activity may improve the token’s price dynamics as the supply shrinks. The burning initiative remains vital to altcoin’s strategy of restoring value to the Terra Classic ecosystem.
Over the past 24 hours, the price of LUNC has shown a slight bullish movement, currently trading at $0.00009363, marking a 2.01% increase. The price experienced fluctuations, with the low reaching $0.00009035 and the high peaking at $0.00009714.
Despite these gains, most crypto market prices appear to be facing a correction. BTC remains above the $67,000 level, while ETH, SOL, and XRP have exhibited downward trends, raising concerns among market participants. The overall crypto sentiment remains cautious as the market digests these movements.
Follow for updates, news and price analysis. thanks
buy these and enjoy Q4. dyor.
#UptoberBTC70K? #APESurge #ScrollOnBinance #USRetailSalesBoost #Write2Earn!
