Terra Luna Classic community’s campaign to reduce LUNC supply through token burn has hit the 100 billion LUNC landmark. The world’s largest crypto exchange Binance has contributed immensely to LUNC burn with its monthly LUNC burn mechanism, accounting for over 51% of the total LUNC burned by the community.
The community currently awaits Binance’s 19th batch of LUNC burn mechanism on March 1 to kick start another LUNC rally from the landmark 100 billion LUNC burn.
Terra Luna Classic Clinches 100 Billion LUNC Burn Milestone
Terra Luna Classic burn campaign has now smashed the 100 billion LUNC milestone in a coordinated effort by crypto exchanges, validators, projects, and community members. The community on average has burned 400 million LUNC every week in February, the burn rate has increased quite significantly since November.
Binance accounts for over 51% of the total LUNC burn by sending billions of tokens to the burn address as part of its monthly LUNC burn mechanism. Until no
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