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The largest exchange, Binance, may likely resume its LUNC burns as the community of Terra Classic votes to pass two key signal proposals addressing the exchange’s concerns.
Surprisingly, many in the community have no hope of the LUNC hitting $1 in the next 20 years. Although the crypto market has been up and down over time
The recent tweet shared by KuCoin exchange revealed that KuCoin has once again become a validator on the Terra Classic (LUNC) network with almost 48 billion LUNC staked.
The LUNC’s price movement over this period has been encouraging as the token has gotten a total gain of 51% in the past eight weeks as it remains on the course to revival.
There has been a very impressive move in the Terra Classic as the LUNC token displayed a nice activity, breaking through some resistances, reclaiming its four-month-old price record.
The rate at which the LUNC tokens are being burned in the Terra Classic network has been so much encouraging, recently incinerated 16,455,507 (16.4M) tokens in one fell swoop by Cremation Coin,
Terra Classic (LUNC) recorded massive burns in its network as over 5 million tokens were incinerated during earlier today, the analysis revealed that the validators LUNC DAO and Luna Station 88
The LUNC burn rate has been up following the massive burns conducted on Tuesday. The report shared yesterday revealed that the staggering 5,096,362 (over 5M) tokens were incinerated on Tuesday
The recent update revealed that the Terra Classic (LUNC) has regained its $1 billion market capitalization as it capitalized on the recent spike.
According to the tweet shared by the LunaBurnTracker, Terra Classic supporters burnt over 142 million LUNC on new year’s day and consequently Terra Luna Classic (LUNC) burn rate spiked by over 6,900%.
