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Binance Intensifies LUNC Burn Campaign, Launches USTC Contracts — Terra Ecosystem Tokens Rally

Benzinga ·  12/02/2023 01:54

In the past week, cryptocurrencies from the Terra ecosystem, Terra Luna Classic (CRYPTO: LUNC) and USTC, have experienced notable surges. This uptick is driven by optimism surrounding various projects and crypto exchanges, as well as anticipation of a burn activity by Binance, which took place on Friday. What Happened Crypto exchange, Binance announced the burn of 3.9 billion LUNC tokens in the 16th batch of the LUNC burn, CoinGape reported. With this, the total LUNC burn by Binance stands at 43 billion, accounting for 52% of the total tokens burned by the Terra Luna Classic community. The overall community has burned nearly 83 billion LUNC

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