Cremation Coin, a project contributing to the Terra Classic burn initiative, has burned 30.6 million LUNC tokens, bringing its total burns to 326 million. The project now ranks seventh on the list of biggest Terra Classic burners and is just 30 million tokens away from overtaking Allnodes as the sixth largest burner. Cremation Coin's latest burn represents 91% of this week's total Terra Classic burn transaction. LUNC DAO also contributed to the campaign, incinerating 1.57 million tokens. Despite a reduction in burn rate, LUNC DAO has been incinerating millions of tokens occasionally.

(By ALBERT BROWN)