Binance Burns Over 4 Billion Terra Luna Classic Tokens

Binance Burns Over 4 Billion Terra Luna Classic Tokens
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The post Binance Burns Over 4 Billion Terra Luna Classic Tokens appeared first on Coinpedia Fintech News
In a significant development for the cryptocurrency market, Binance, the world’s largest crypto exchange, has announced the burning of 4.17 billion Terra Luna Classic (LUNC) tokens. This move underscores Binance’s commitment to bolstering the Terra Luna Classic ecosystem and marks a milestone in the ongoing evolution of the crypto industry.
Binance’s Token Burn Event
The crypto community saw one of the biggest token burn events today with Binance burning 4.17 billion Terra Luna Classic (LUNC) tokens, thereby marking the total number of tokens burned by the exchange till date to over 56 billion. 
With the Terra Luna community having previously vowed to burn landmark numbers on LUNC tokens to enhance the price, Binance has shown continued support to the Terra ecosystem under the leadership of the new CEO Richard Teng. Binance’s active commitment to Terra Luna Cla

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