🚀💰 Terra Luna Classic Price Prediction When Binance Burnes 59 Billion Tokens: 10 USD For LUNC 📈📉

LUNC is down 1% in 24 hours, with Terra Luna Classic down $0.000108 while the cryptocurrency market is up 0.5% today.

This altcoin is up 1% in a week, 6.5% in a month, and 16% in a year.

The latter rate is low compared to larger coins, however Binance burned just over 1 billion LUNC today, bringing the total burn to 59 billion.

This brings the total burn to 113.3 billion LUNC, and the Terra Luna Classic community is still trying to increase the burn number and improve the coin's usability, so the price will likely increase.

Classic Terra Luna Price Prediction as Binance Burnes 59 Billion Tokens - $10 LUNC Coming?

LUNC price has stabilized in the last hour, suggesting an upcoming rally.

Its relative strength index (purple) rose to 60 after dipping below 50 this morning, suggesting gains over the weekend as it approaches the 70 level.

After a two-day slowdown, the 30-day average (orange) has continued to rise above the 200-day average (blue).

LUNC is performing well compared to its recent history, although its volume is very light compared to major coins.

At $21 million, it was down 75% from the first week of May and down 97.5% from the beginning of March.

The crypto market is not interested in LUNC as it doubts it will last.

Terra Luna Classic is making a small profit as an asset, with Binance burning over 1 billion LUNC yesterday.

LUNC burned a total of 113 billion, of which the exchange burned 59 billion.

This is only 1.66% of LUNC supply, which may explain why previous fires did not affect the coin's price.

However, they expect LUNC to grow steadily in the coming months as the Terra Luna Classic community debates and (sometimes) accepts recommendations to make the coin more viable.