In a game-changing move for the Terra Classic community, a court has ordered Terraform Labs to burn a significant portion of its $LUNC tokens as part of a $4.5 billion settlement with the SEC. This colossal burn, which must be completed before the end of the month, is expected to drastically reduce the supply of LUNCāsetting the stage for a potential price surge. šš„
With billions of tokens about to go up in flames, could this burn spark LUNCās return to the top? š„
Whatās Happening?
A major burn event is coming that will slash LUNCās circulating supply.
The Shuttle Bridge is also set to close, and the community is urged to withdraw assets ASAP to avoid disruptions. ā ļø
Why It Matters:
LUNCās price could skyrocket as the burn creates a supply shock, aligning with the Terra Classic communityās mission to rebuild and restore the tokenās value. The question is: will this burn send LUNC to the moon? ššø
Stay tuned for more updates on Binance as LUNC prepares for a major market move. This could be a defining moment for the Terra Classic ecosystem! š„
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