Terra Luna Classic #LUNC and #USTC prices are up almost 15% and here's why.
_#TerraLunaClassic (LUNC) and USTC prices jumped approximately 15% and 12% in a week. Which sparked a discussion in the LUNC community. The move comes as the overall supply of USTC decreases as part of the community's planned 800 million USTC burn. However, some community members revealed that the #USTC burning proposal is still being voted on. Which raises concerns about supply cuts. Terra Luna Classic and USTC Prices Rise Terra Luna Classic emerged as a community-run chain in the wake of the Terra-LUNA crisis of 2022. Earlier, the Terra Classic community voted to burn 800 million USTC tokens. This represents 9% of the total supply. The decision comes later as an attempt to revive the Terra Luna (LUNC) project.
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