LUNC token burn nears historical high of 70 billion
Approximately 68.3 billion LUNC tokens have been burned so far, accounting for approximately 0.99% of the total token supply. Of this burned amount, 44.8 billion LUNC tokens have recently been sent to the burning address. Restore the digital currency’s reputation Luna Classic HQ has announced that 68,303,850,914 tokens were burnt, representing 0.99% of the total supply, and of this amount, 44,789,088,501 has been sent to the burning address. The update comes as part of the decision to burn all Terra Classic token s from the community pool and the token s that were reminted via Binance’s LUNC burn wallet. The main goal of the decision is to burn enough Terra Classic token s to restore the digital currency’s reputation after it became disconnected from its linked algorithmic stablecoin USTC. $LUNC BURN UPDATE We’re getting close to 70Billion LUNC BURN Hold #LuncArmy pic.twitter.com/ACeagflUSQ — LunaClassic HQ (@LunaClassicHQ) July 10, 2023 Binance has a...