85 billion LUNC has been burned by Terra Luna Classic investors since May 18, 2022. This situation stands out as an important point for the community to reduce the circulating LUNC supply. The biggest support in this process came from Binance, which is still the largest exchange in terms of volume. During this period, Binance contributed approximately 43.6 billion LUNC to the total burn, accounting for 51% of the total LUNC burn to date.

The circulating supply of LUNC tokens is set at 5.83 trillion units and the total supply is set at 6.82 trillion LUNC. Besides, it seems like the community needs to make bigger strides to increase LUNC's burns.

In the ongoing process, the Terra Luna Classic burn reached a massive size of 85 billion LUNC in total, as crypto exchanges, validators, projects and members eliminated LUNC by sending it to their burn wallets. An average of 200 million LUNCs are burned weekly by the community. In addition, billions of LUNC are transferred to burning wallets by Binance every month.

The 16th LUNC burn was carried out by Binance on December 1, and in this process, approximately 4 billion Terra Luna Classic (LUNC) tokens were eliminated. The total amount of LUNC sent to nearby addresses by Binance to date has reached 43.6 billion.

If we examine the price of LUNC, it was traded at $ 0.00019, with a decrease of more than 2% in the last 24 hours. The lowest and highest price seen in the last 24 hours were $0.000196 and $0.000208, respectively. Transaction volume decreased by 20% in the last 24 hours.