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LUNC Community Burns 1,117,048,514 Tokens; Will LUNC Hit $0.01 Next?

Published 01/28/2024, 03:47 PM
Updated 01/28/2024, 04:15 PM
LUNC Community Burns 1,117,048,514 Tokens; Will LUNC Hit $0.01 Next?

  • The Terra Classic burns over a billion LUNC tokens within seven days.
  • Also, over 5.66 billion LUNC were burned in one day, specifically on January 1.
  • LUNC Army is increasingly convinced that the path to $0.01 is apparent.

The Terra Classic (LUNC) community remains steadfast in its commitment to the $1 target, demonstrating substantial progress by incinerating over a billion LUNC tokens within a seven-day window.

In a recent statement, pro-LUNC X user “CryptoBull” proclaimed the digital asset unstoppable amid increased burns and staking of LUNC. Specifically, CryptoBull called attention to the fact that 1,117,048,514 LUNC tokens were wiped out of circulation between January 17 and 24.

Moreover, the screenshot in the tweet indicated that alongside the over 1.11 burned tokens, more than 7.197 billion LUNC coins had been staked within the same period. The statistics suggested that the staked value reflects a 14.95% increase relative to the previous week.

Notably, data from Terra Classic Stakebin attested to the accuracy of the disclosure from the LUNC enthusiast. Moreover, Stakebin statistics i…

The post LUNC Community Burns 1,117,048,514 Tokens; Will LUNC Hit $0.01 Next? appeared first on Coin Edition.

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