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Terra Classic Sets New Milestone, LUNC Price To Rally Amid Rising Weekly Burn?

The Terra Classic community in total burned over 226 million LUNC tokens in January, maintaining balance as crypto exchange Binance temporarily suspends its LUNC burn mechanism until March.

This week, the community has burned over 15 million LUNC tokens, as compared to 12 million LUNC in early January. The community reached a new milestone of successfully growing its weekly burn and moving together in the right direction.

The Terra Classic community aims to burn billions of LUNC tokens in 2023. In fact, validators and projects have successfully supported the LUNC burn campaign after Binance suspended its LUNC burn mechanism until March. Until now, the community has burned 38.71 billion LUNC tokens in total.

Terra Classic Terra Classic $0.00
-2.8%
Terra Classic LUNC
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