- LUNC burns 19.67M tokens daily, reaching 394B burned to support recovery and reduce 5.5T supply.
- LUNC price stabilizes near $0.00011 amid declining market activity, cautious trading, and mixed momentum.
Terra Luna Classic [LUNC] ecosystem continues its aggressive token burn strategy, recording a total daily burn of 19,674,564 tokens on December 22, 2024.
According to data from LUNC Burn Tracker, this consists of 7,265,976 tokens burned by wallets and an additional 12,408,588 tokens burned through on-chain mechanisms.
LUNC has burned over 394 billion tokens, reducing its supply from circulation’s massive 5.5 trillion tokens.
This burn initiative is crucial for Terra Luna Classic’s recovery plan. It aims to support price stability and future growth.
Price stabilizes amid market volatility
LUNC’s price increased by 1.82% over the past 24 hours, trading at $0.0001123 with a 24-hour volume of $37.21 million.
However, the token has faced pressure, recording a 12.31% decline over the past seven days. Its market cap is valued at app...
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