Crypto News

Binance burns 2.2 billion Terra Luna Classic (LUNC) tokens

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Terra Luna Classic burned

Binance exchange has burned 2.21 billion Terra Luna Classic (LUNC) tokens in the 19th batch of the LUNC burn mechanism. This brings the total number of tokens burned by the Terra Luna Classic (LUNC) community to over 100 billion.

Furthermore, the net burn by the crypto exchange is over 53 billion. What’s more, the Terra Luna Classic community celebrated the 100 billion LUNC milestone with increased optimism and confidence.

Between January 31st and February 28th, Binance burned over $270 million worth of trading fees using the 19th batch of the LUNC burn mechanism.

As of the most recent burn, the total number of LUNC burned by Binance for LUNC spot and margin trading fees has reached 53.48 billion.

The overall burn for the Terra Luna Classic burn campaign is over 102 billion, making it a noteworthy milestone.

The crypto community burns an average of over 400 million LUNC every week, including exchanges, validators, projects, and individuals.

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Roland is a Public Relations & Communications guru with an immense passion for the blockchain and crypto industry. A fusion of his expertise and passion led to the dawn of Optimisus in 2020.