Binance Burns 2.21 Billion Terra Luna Classic, LUNC Price Skyrockets Over 30%
Binance, the world’s largest crypto exchange, burned 2.21 billion Terra Luna Classic (LUNC) tokens in its 19th batch of the LUNC burn mechanism. This brings the net LUNC burn by Binance to over 53 billion, contributing to the total tokens burned by the Terra Luna Classic community surpassing 102 billion. The milestone of burning 100 billion LUNC tokens has positively impacted the community’s sentiment and confidence, reflecting collaborative efforts to reduce LUNC tokens in circulation.
The LUNC and USTC prices have seen significant gains, driven by Binance’s LUNC burn leading to a bullish sentiment among traders. LUNC’s price surged 30% in the last 24 hours and 45% in February, currently trading at $0.000181. Trading volume increased by 21%, indicating heightened interest. USTC price also rose 12% in the last 24 hours, following a 42% rally in February, currently trading at $0.0386. The community plans to sustain this momentum with an upcoming burn of 800 million USTC, valued over $32 million.
Note🚨: this is not a financial advice, DYOR
Like and follow me for more update on accurate crypto news☺️
Stay informed with your daily dose of crypto news! 🌐🚀 Hit that like👍 and follow me on a thrilling journey through the ever-evolving crypto space. 📰🔍 Let’s explore the changes together our gateway to crypto excitement! ☺️
#Write2Earn #LUNC\USDT #USTC/USDT
