#BTCOutlook LUNC and USTC Price Action

Raising the burn tax to 1.5% will increase the rate of $LUNC

and $USTC

burns from the tax, the community pool funding rate, and funding to the oracle pool for long-term Terra Luna Classic staking rewards.

LUNC price fell 9% in the last 24 hours amid market-wide selloff, with the price currently trading at $0.0001135. The 24-hour low and high are $0.0001115 and $0.0001243, respectively. However, trading volume has increased by 38% in the last 24 hours.

Meanwhile, USTC price also dropped 7%, with the price now trading at $0.02029. The 24-hour low and high are $0.01887 and $0.02178, respectively. The trading volume saw an 87% rise over the last day.