Terra Luna Classic (LUNC) Price Surges After 320 Million Token Burn

Quick Summary:

Terra Luna Classic (LUNC) is gaining traction following a significant weekly token burn of 320 million LUNC.

This burn, which reduces the token’s overall supply, is seen by traders as a positive sign for price appreciation.

As the supply of LUNC shrinks, investors are anticipating increased price pressure, which could fuel an upward trend.

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Article Details

Author / Journalist: Coin Edition

Category: Crypto

Markets: India

Topics: News Market Cryptocurrency Market News Terra Luna Classic (LUNC) Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-23 @ 05:36:05 (1 weeks ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 151 words

Reading Time: 1 minutes read

Sentences: 52 lines

Sentence Length: 3 words per sentence (average)

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

Copyright Owner: © Coinedition

News ID: 23212652

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Official Website: coinedition.com

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