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The recent development stated that whopping 5,619,272 LUNC tokens were burnt on Sunday as a part of the Terra Classic community effort to get the Terra classic (LUNC) reduced
According to the recent analysis done by the Lunar Crush’s AltRank, the Terra Classic (LUNC) is currently holding the top spot amongst 4,022 assets evaluated in the week leading to December 2.
The rate of burning of LUNC has been encouraging over time, the recently revealed that Terra Classic witnessed a massive burn in 14 burns transactions which claimed 40,440,467 LUNC tokens
In a recent tweet shared by the LUNC Station, it revealed that a total of 9.3M LUNC tokens were burned two LUNC wallets,
In a recent development shared via the official handle of the TerraCasino, said that it has just burnt a total of one million as a token of its contribution towards the 0.2% burn rate previously promised to the community.
The effort of the Terra Classic community has been so much remarkable as they throw a persistent weight behind the token, Binance recently announced the LUNC as the winner of its Community Showdown contest.
A recent tweet shared by LunaBurnTracker noted that a total of 35,789,630 (appr. 35.79M) LUNC were burned yesterday by an anonymous wallet.
The recent tweet shared by Terra Rebel, sounding a note of warning to its community of a token, named Interchain DAO Coin (IDC), hijacked its logo to mislead investors into believing that the Terra Rebels are behind the cryptocurrency.
According to a recent tweet, the current circulating supply of the Terra Classic is below six trillion as almost 1 billion LUNC was incinerated over the past six days.
Terra classic community hasn’t given up on the effort of reducing its token to the target amount, 10 billion LUNC as they are looking forward to the arrival of a new Casino on the Terra classic network that will aid the LUNC burning.
