🔥 Terra Luna Classic (LUNC) Token Burn Hits 100 Billion as Binance Destroys 2.1 Billion Tokens - A Crypto Game-Changer!
In a monumental move, Binance has torched 2.1 billion Terra Luna Classic (LUNC) tokens in its 18th burn, bringing the total to a staggering 51.27 billion.
This relentless effort aims to slash the circulating supply, propelling LUNC towards the remarkable 100 billion milestone.
January witnessed a surge in burn rates, with Binance incinerating 5.57 billion LUNC tokens. This spike coincided with heightened trading volumes, fueled by new perpetual contracts and trading pairs. Collaboratively, the community torches an average of 600 million LUNC tokens weekly.
Despite the burning fervor, challenges persist as LUNC and USTC prices face pressure. LUNC dipped 7% to $0.00009444, while USTC held steady at $0.02409.
Liquidations hint at shorting activities, yet the community remains bullish, anticipating a resurgence amidst broader market optimism and the looming Bitcoin halving.
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