Terra Luna Classic Burn Reaches 50B, Price Jump Ahead?

Terra Luna Classic’s total burn reaches nearly 50 billion as a project committing massive weekly burn sends over 106 million LUNC to the burn address. The community burned over 547 million LUNC tokens last week, after a massive 9 billion LUNC burned in the first week of March supported by 8.85 billion tokens burned by Binance.

Cremation Coin on March 14 revealed that it has burned over 106 million Terra Luna Classic (LUNC) tokens in a single transaction. With its highest-ever burn since December, the project has in total burned nearly 200 million LUNC since committing to the LUNC burn campaign to reduce circulating supply.

The transaction details reveal 106,101,562 LUNC tokens sent to the burn address at 8:16:56 AM on March 14. It has a transaction fee of 212,210 LUNC. Cremation Coin commits to converting 10% of its trading volume to Terra Luna Classic (LUNC) tokens every week.

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