The Terra Classic community is buzzing as Terraform Labs prepares for a monumental burn event tied to a $4.5 billion settlement with the SEC. This week, a massive amount of LUNC tokens will be burned, and the countdown to the burn deadline has begun. With 6.76 trillion LUNC still in circulation, this burn could create a serious supply shockโand potentially trigger a massive price surge! ๐๐ฅ
Why It Matters:
This burn isnโt just about reducing the supplyโitโs a bold step in Terra Classicโs mission to restore LUNC to its former glory. Every token burned helps drive the coin closer to its revival, and the Terra community is committed to making this happen.
Whatโs Next:
In addition to the burn, the Shuttle Bridgeโwhich has connected the Terra Classic blockchain with other networksโwill close permanently. This move is designed to streamline the network, cut maintenance costs, and further align the blockchain with its long-term vision. โก
Will LUNC Soar?
With this supply reduction, LUNC could be gearing up for a major breakout. Could we see the coin flying back to its all-time high? ๐ Stay tuned for this potential market moverโLUNC might be ready for liftoff!
Donโt miss the action! Keep your eyes on Binance for trading opportunities and more updates as Terra Classic takes bold steps forward. ๐๐ฅ
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