Terra Classic Crosses The 50 Billion Token Burn Threshold. Seems There Is More
The recent analysis revealed that the Terra Classic (LUNC) community has finally crossed the 50 billion token burn threshold. Though this amount represents only a fraction of Terra Classic’s supply, it underscores the community’s efforts toward rejuvenating the asset.
Notably, As of last Wednesday, total burns sat at 49.7 billion tokens; this means the community has incinerated 410 million tokens in the past week.
Total LUNC burns Hit the 50 billion threshold
Binance has remained the leading platform among the LUNC burners with over 28.95 billion tokens, about 57% of the total incinerated 50.11 billion. The recent burns of the exchange claimed a total of 8.8 billion LUNC in a single transaction earlier this month.
Read Also: What Is The State Of Crypto Regulations Around The World?...