🌟Binance Burns 2.21 Billion Terra Luna Classic, LUNC Price Skyrockets Over 30%.
LUNC price soars over 30% as crypto exchange Binance burned 2.21 billion Terra Luna Classic in 19th batch of its LUNC burn mechanism.
STORY HIGHLIGHTS
Crypto exchange Binance burns 2.21 billion Terra Luna Classic (LUNC) tokens
Total LUNC burned by Binance reaches over 53 billion and community burn hit over 102 billion
LUNC and USTC price rallying upwards to next resistance levels.
billion Terra Luna Classic (LUNC) tokens in the 19th batch of the LUNC burn mechanism. As a result, the net LUNC burn by the crypto exchange reaches over 53 billion and the total tokens burned by the Terra Luna Classic community reaches over 102 billion.
The 100 billion LUNC milestone uplifted Terra Luna Classic community’s sentiment and confidence amid a collaborative effort to remove LUNC tokens from the circulating supply.
Binance Incinerates 2.21 Billion Terra Luna Classic (LUNC)
Binance sent 2.21 billion Terra Luna Classic (LUNC) tokens to the burn address terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu, as per the transaction on March 1.
Notably, the 19th batch of the LUNC burn mechanism Binance burned over 270 million trading fees for the period January 31 to February 28. After the latest burn, Binance’s total LUNC burn reaches 53.48 billion Terra Classic tokens from trading fees on LUNC spot and margin trading pairs.
The current burn is significant as the Terra Luna Classic burn campaign hit the 100 billion LUNC burn milestone, with the total burn reaching over 102 billion. Crypto exchanges, validators, projects, and community members collectively burn on average over 400 million LUNC per week.
In February, Binance burned 2.1 billion Terra Luna Classic (LUNC) tokens. The burn rate significantly increased after a massive jump in LUNC trading volume on the crypto exchange amid a massive rally in Bitcoin price and altcoins.LUNC token circulating supply is 5.78 trillion and the total supply is 6.80 trillion.
#TrendingTopic #BTC #WIF
LUNC price soars over 30% as crypto exchange Binance burned 2.21 billion Terra Luna Classic in 19th batch of its LUNC burn mechanism.
STORY HIGHLIGHTS
Crypto exchange Binance burns 2.21 billion Terra Luna Classic (LUNC) tokens
Total LUNC burned by Binance reaches over 53 billion and community burn hit over 102 billion
LUNC and USTC price rallying upwards to next resistance levels.
billion Terra Luna Classic (LUNC) tokens in the 19th batch of the LUNC burn mechanism. As a result, the net LUNC burn by the crypto exchange reaches over 53 billion and the total tokens burned by the Terra Luna Classic community reaches over 102 billion.
The 100 billion LUNC milestone uplifted Terra Luna Classic community’s sentiment and confidence amid a collaborative effort to remove LUNC tokens from the circulating supply.
Binance Incinerates 2.21 Billion Terra Luna Classic (LUNC)
Binance sent 2.21 billion Terra Luna Classic (LUNC) tokens to the burn address terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu, as per the transaction on March 1.
Notably, the 19th batch of the LUNC burn mechanism Binance burned over 270 million trading fees for the period January 31 to February 28. After the latest burn, Binance’s total LUNC burn reaches 53.48 billion Terra Classic tokens from trading fees on LUNC spot and margin trading pairs.
The current burn is significant as the Terra Luna Classic burn campaign hit the 100 billion LUNC burn milestone, with the total burn reaching over 102 billion. Crypto exchanges, validators, projects, and community members collectively burn on average over 400 million LUNC per week.
In February, Binance burned 2.1 billion Terra Luna Classic (LUNC) tokens. The burn rate significantly increased after a massive jump in LUNC trading volume on the crypto exchange amid a massive rally in Bitcoin price and altcoins.LUNC token circulating supply is 5.78 trillion and the total supply is 6.80 trillion.
#TrendingTopic #BTC #WIF
