Binance successfully burns 1.41 billion LUNC tokens
Binance crypto exchange has concluded the twelfth round of token burning for Terra Classic (LUNC). This strategic process, aimed at reducing the token supply and enhancing its scarcity, holds the potential to influence the token’s value and market dynamics significantly. In the latest token-burning event, Binance successfully burned a substantial 1.41 billion LUNC tokens. This impressive figure corresponds to half of the LUNC trading commission revenues generated on the platform. In terms of market value, this amounts to approximately $112,000, reflecting the exchange’s commitment to maintaining a balanced token ecosystem. Market participants and enthusiasts can anticipate the announcement of the