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Terra Classic Community Burns Over 12 Million LUNC, Price Jumps

The Terra Classic community has set eyes on increasing the burn rates for Terra Classic (LUNC) tokens as the LUNC burn rates dropped in December. Moreover, crypto exchange Binance temporarily suspended its LUNC burn mechanism until March and reduced the burn amount to 50% have also affected the LUNC burn rates.

Terra Classic validators and projects aim to burn billions of Terra Classic (LUNC) tokens in 2023. Until now, the community has burned over 37.30 billion LUNC tokens and staked almost 850 billion LUNC tokens.

Terra Casino, in a tweet on January 9, revealed that it has sent over 8 million LUNC tokens to the burn address. It has burned 50 million LUNC tokens in less than 2 months. The project commits to burn billions of LUNC tokens.

Terra Classic Terra Classic $0.00
+2.51%
Terra Classic LUNC
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