LUNC Supply Shrinks as August Burns Explode
Terra Luna Classic ($LUNC) is seeing a massive surge in token destruction, burning over 2.04 billion LUNC in August alone. This spike follows the implementation of Proposal #12223 on August 2, which introduced a 1.5% on-chain tax.
Total historical burns have now crossed 455 billion tokens, driving a deflationary trend with an estimated 0.6% reduction in floating supply over the last 12 months. Fueled by these deflationary dynamics, broader market flows, and Binance outflows, LUNC's price has rallied significantly, marking a 30% gain year-to-date.
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Terra Luna Classic ($LUNC) is seeing a massive surge in token destruction, burning over 2.04 billion LUNC in August alone. This spike follows the implementation of Proposal #12223 on August 2, which introduced a 1.5% on-chain tax.
Total historical burns have now crossed 455 billion tokens, driving a deflationary trend with an estimated 0.6% reduction in floating supply over the last 12 months. Fueled by these deflationary dynamics, broader market flows, and Binance outflows, LUNC's price has rallied significantly, marking a 30% gain year-to-date.
If you want, tell me:
What is the target platform for this post? (X/Twitter, a blog, Telegram?)
Do you want to include specific price predictions?
What tone do you prefer? (Bullish, neutral, hype-heavy?)
I can tailor the text to fit your exact audience.
