Binance, Validators Burn 1.5B Terra Classic Tokens

 Binance, Validators Burn 1.5B Terra Classic Tokens

LUNC News Live Updates (October 31): Crypto exchange Binance and top validators Allnodes and LUNC DAO have burned over 1.5 billion Terra Classic tokens today. In total, the Terra Classic community has burned over 26 billion LUNC tokens.



Terra Classic (LUNC) Price Falls Again After Binance Burn

Terra Classic (LUNC) price falls after Binance LUNC burn mechanism. The LUNC price is currently trading at $0.000244, down over 2% in the last 24 hours. Trading volume also dumps 38% in a day. However, the Terra Classic price is up 6% in a week.


LUNC Community Pool 732 Mln LUNC Tokens

The Terra Classic community pool now received massive LUNC tokens as part of 10% rewards on tax burn. The community pool now has 732.74 million LUNC and 1.7 million USTC tokens.


LUNC Validators Burn Over 50 Million Terra Classic Tokens

Top validators including Allnodes and LUNC DAO have burned over 50 million Terra Classic (LUNC) tokens. Allnodes burned 28.82 million tokens, whereas LUNC DAO burned 9.36 million LUNC tokens.


Binance Burns 1.26 Billion Terra Classic Tokens

Crypto exchange Binance has burned over 1.26 billion Terra Classic (LUNC) tokens in the fifth batch of Binance burn mechanism. In total, Binance has now burned over 13.5 billion LUNC tokens for the Terra Classic community.


The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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