Binance Burns 1 Billion LUNC Tokens, What’s Next For Terra Luna Classic?

Quick Summary:

The world’s largest crypto exchange Binance burned 1.048 billion Terra Luna Classic tokens in the 27th batch of its LUNC burn mechanism.

With the latest Binance LUNC burn, the total tokens burned by the Terra Classic community reached almost 137 billion.

The burn has sparked bullish speculation in the community.

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Article Details

Author / Journalist: Varinder Singh

Category: Crypto

Markets: India

Topics: Terraform Labs Terra (LUNA) Terra Classic Altcoin News 24/7 Cryptocurrency News Binance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 10:55:24 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 351 words

Reading Time: 2 minutes read

Sentences: 34 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23363372

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 8 hours ago

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