🌕 Terra Luna Classic (LUNC) Burn Mechanism & Real Data!
$LUNC crashed in 2022 and supply exploded to 6.9 Trillion overnight 💥. The community hit back with a powerful burn mechanism every on chain transaction automatically destroys 0.5% of LUNC forever 🔥.
Binance also burns 50% of its monthly LUNC trading fees, contributing massively to supply reduction 💰. Since May 13, 2022, a total of 447.42 Billion $LUNC has been permanently burned and removed from circulation ✅. In just the last 7 days alone, 1,507,885,114 LUNC was burned that's roughly 215 Million LUNC every single day 📉.
Current circulating supply stands at 6.45 Trillion with total supply at 6.46 Trillion 📊. At this daily burn rate, approximately 78.5 Billion LUNC will be destroyed per year 🗓️. Projecting 5 years forward to 2031, the circulating supply would drop to approximately 6.06 Trillion 📆.
Yes, it's a slow process but the burn is real, consistent, and unstoppable 💪. LUNC is playing the long game, and every transaction chips away at that supply forever 👊🔥.
