The Terra Luna Classic community has burned a total of 70 billion LUNC, marking another milestone in their efforts to reduce the circulating supply since May 18, 2022. Binance, the world's largest crypto exchange, has contributed over 50% to the total LUNC burned by burning almost 36 billion LUNC. While the circulating supply of LUNC is 5.81 trillion and the total supply is 6.84 trillion LUNC, the community needs to increase utility to increase the LUNC burn rate. The Terra Luna Classic burn campaign has been successful, with an average of 400 million LUNC burned per week, but the LUNC price has fallen 1% in the past 24 hours and is currently trading at $0.000081.
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Terra Luna Classic Community Burns 70 Billion LUNC Tokens in Effort to Reduce Circulating Supply
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