The latest news about cryptos, in our Telegram channel. Where can you see real time the burning of the Terra Classic network? are also proposals to restructure UST debt, but that is an evolving discussion. ; The network has been struggling since its launch in late May. For wallets with > 1M Luna: 1 year cliff, 4 year vesting thereafter The number of LUNA burned jumped significantly in October 2022, after Binance burned 5.5 billion tokens or 0.08 percent of the coin's circulating supply. The Crypto exchange Binance said it supports the Terra Classic network upgrade v1.1 . So at this time it is not surprising that both LUNC and LUNA perform poorly in the markets, partly because enthusiasm for them has now died down. Terra Luna Classic Burn: Community Efforts to Burn LUNC Continue! With so much momentum and focus around rebuilding LUNC, there could be great financial opportunities by LUNA sent to Terra address "terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu"; No supply figures were provided for LUNC during the summer of 2022. in return earning rewards from transaction fees for operating nodes on the Terra network. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. For example, at the time of writing this news today, September 21, in the last 24 hours more than 14 million LUNC have been burned, which is equivalent to about 4,000 dollars in Terra Luna Classic tokens that have been destroyed to decrease the total supply. By understanding the deflationary nature of Luna Classic tokens and their burn mechanism, users can better understand why reducing the circulating supply is important for increasing their value over time. So what is the next course of action for LUNA holders? Click here to read more about such community-owned crypto blockchains. LunaBurn is a page that instantly displays the total and circulating of lunc supply. LUNC Metrics was built to track analytics on the LUNA Classic chain, with revitalization work led A new revival plan dubbed 2.0 was shared by Terras founder, Do Kwon. But that plan failed, and hence, this new revival plan is now being put to use. Developer Mining Program. The upgrade, dubbed the Terra Classic network, has been live since February 25th, 2023, and is expected to improve the overall stability and security of the Terra ecosystem. Terra Classic is +0.01% in the last 24 hours. UST or LUNA on CW3 multi-sig contracts The creator of the Cardano blockchain on the regulatory attack on crypto: what is the trigger? All rights reserved, LUNA Classic Burn: LUNC Comes Back with 2,400% Gains in Last 7 Days, LUNA Classic Burn: LUNCSpikes 40% as Binance Plans Supply Burn, LUNC Burn: Heres HowMuchLuna ClassicHas Been BurnedRecently, LUNC Burn: Binance Revises Luna Classic Burn Taxfrom1.2% to 0.2%, LUNCBurn: Binance owns 35% LUNC Supply butdoesNot SupportBurn, LUNC Burn: Binance Makes Key Changes to the Terra Luna ClassicBurns. 26,586,512 #LUNC ($8,347) burned! An example to illustrate how this works: If a transaction is made to acquire 2 million units of Luna Classic, a 1.2% fee will be applied, which equates to a total of 24,000 Luna Classic tokens. LUNC is currently down 10% in price today to $0.0001094 meanwhile USTC is down 21% to $0.01905. This website does NOT constitute or offer any sort of financial advice and provides no LUNC sent to the burn address comes in a variety of forms, but most notably is Binance. The potential for further financial strain is anticipated to be intensified by Binance's choice to decrease its token burning practices. This helps to ensure that Luna Classic tokens remain scarce and valuable for the long term. official burn address. Use Ask Statista Research Service. Any amount helps! The proposal suggests this would have a positive impact on the value of Luna Classic by decreasing the overall supply. "Once again, we don't have that kind of money," he said. Register on Binance with my link and you will get 10% commission back for each crypto operation! As a result, LUNC price plummeted from over $100 in April to less than 1 cent about a month later. Developer Alignment Program (1.5% of total supply): Protocol teams that were live in Terra Classic divide this allocation weighted by the last 30 day TVL from Pre-attack snapshot - 1 year cliff, 3 year vesting thereafter. The Luna Classic burn status is tracked by various websites that provide users with a chart that displays the number of tokens that have been burned since the burn mechanism initially went live, such as TERRARITY's LUNC Burner. The proposal body has also been edited to reflect the changes in the amendment. Both of these prices are far below where they were at the beginning of May - when the former Luna . As of February 2023, more than two-thirds of LUNC burned has been sent to a dead wallet directly, while about a third has been burned via the transaction tax. Crypto trader, under the pseudonym ashwsbreal, revealed transactions showing that 300 Billion LUNA tokens were burned on 18 May. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Research expert covering finance, insurance & real-estate, internet & e-commerce, Profit from additional features with an Employee Account. This is done in order to ensure that the total supply of tokens is constantly decreasing, thus increasing their value over time. 30% unlocked at genesis; 70% vested over 2 years thereafter with 6 month cliff Token Reset: The revival plan included a clause which said that the total new LUNA tokens in active circulation would be reset to 1 billion. Exchange integration, dapp migration, and validator guides have been added to Technical Details. Some top cryptocurrency exchanges have already announced thatthey will support the proposal once it goes live on September 20, 2022. Born in 1975, Marco has been the first to talk about Bitcoin on YouTube in Italy. Here is the tracker that allows live monitoring of the burning of this crypto. Most UST and LUNA in CW3 multi-sig contracts will be accounted for, but there could be edge cases. As. Since then a burn program has been initiated, but it is proceeding very slowly. There are essential apps that must exist in any web3 ecosystem to be viable: Infrastructure - Setten The numbers provided here pre-date this change, and therefore refer to this 1.0 version. Are you interested in testing our business solutions? There are several ways to burn tokens, and everyone can participate to the party. Step 2: Select a validator from the list by clicking on their name. The number of tokens that are burned is relative to the number of tokens in circulation. Can Luna Classic (LUNC) Rise to $1? It is worth noting that the rate of Luna Classic token burns decreased after proposal 5234 was enacted, which reduced tax burn from 1.2% to 0.2%. Terra Classic Luna investors have continued to support the project as they hope to make LUNC valuable again via a series of community efforts, including burns and staking. The primary tactic is to burn LUNC and remove it from circulation. Data is updated every 5 minutes Details are subject to change. Then this fee is used to acquire and subsequently "burn" or erase Luna Classic tokens. 500K whale cap - covers up to 99.7% of all holders but only 26.72% of aUST This decision was met with a significant majority, with 82% of voters for the proposal. LUNC, the former LUNA, doubled its price in a week in anticipation of a new supply burn regime. Thus in the first four months the overall program burned only about one million tokens per month, while since the burn program was launched on Binance more than 18 million have been burned per month. Tests have also been conducted to determine the potential impact of the lunc burner tax. Post-attack UST holders distribution - 20% 15%. Bitcoin Beach: the wallet project born in El Salvador expands. Share of circulating supply of Terra Classic (LUNC) burned on the blockchain address shared by Do Kwon on May 21, 2022, up until October 4, 2022 [Graph]. In addition, major voters such as Allnodes and Interstellar Lounge, voted in favor of repealing Proposition 10983. Stablecoins: according to Reuters, the winner is Tether, AGIX: the crypto of the moment. Before the collapse, the original LUNA token traded as high as $120. 2% increase. Is it a scam? This allows users to track the burn progress and get a better understanding of the burn mechanism. to burn LUNA since September 2021. The Luna Classic burn chart also displays information about when and how many tokens were burned for each transaction. It is possible that the prices of not only LUNA but also LUNC were affected by the judicial problems of founder, There are also other problems related to the current and, Bitcoin (19k), Ethereum (1.3k), Matic Price Analyses. Zero-Fee Trading on Bitcoin. The eleventh-ranked cryptocurrency has rallied almost 10% ahead of a token burn scheduled next week. TERRA LUNA CLASSIC HUGE BURN || PRICE EXPLODING RIGHT NOW more to come ! The crypto industry was left flattered when the fall of Terra almost wiped out $60 billion from the market valuation. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Send terra to a Luna wallet, can it be fixxed. terra1u9a6k9wrp6v07gz34vpuyq3tyzg47qagc8wkmn. Terra Luna Classic Burn: Terra Classic Aims for $0.000123 as Terra Community Burns LUNC, CelsiusNetwork Bankruptcy: A Timelineof the Crypto Lenders Crash. Can It Work? (The Truth EXPOSED!) lost a huge portion of my savings. Binance, accounting for 70% of all trading volume in the space, has committed to carrying out LUNC burns on a monthly basis. Do Kwon has given the community the official address for burning $LUNA Posted On August 29, 2022 10:47 am Prasanna. Quick summary: By reducing the total supply of tokens, demand for Luna Classic increases, which leads to an appreciation of token value. An additional proposal, Proposal 4195, has also been passed with an approval rate of over 65%. M.Cap: 1,115,401,656,813.00 The 1.2% Terra Luna Classic (LUNC) burn tax is now live. Moreover, during the current long bear market projects like these are really struggling to find new investors who are willing to buy the tokens in the hope that they might be worth more in the future. Here, the UST is the stablecoin pegged to the U.S. dollar, and LUNA is used to stabilize the price of UST. Hence, he asked members of the community to incentivise the networks security in line with the native crypto tokens inflation, which should be targeted at 7 per cent per annum. By burning the Luna, holders hoped this will increase the scarcity of their coins, pushing the price back towards $1. At Criptokio.com we have prepared an article with the complete list of cryptocurrency exchanges that have agreed to burn Terra Luna Classic (LUNC) under the new 1.2% tax: Which exchanges have agreed to burn 1.2% on Terra Luna Classic (LUNC)? great benefits, like discounted trading fees and free sign up bonuses. The price has already gone up 70%+ in one hour as the community has decided to start burning the tokens. Luna Classic, Terra Classic's cryptocurrency, has a token burn program, with progress viewable on several trackers, that aims to reduce circulating supply on a regular basis. The thing is, Lunas total supply continues to increase. Indeed, in late September the famous exchange announced the introduction of a burn mechanism on all fees on LUNC trading pairs, but as seen above this has only led to a slight acceleration of the process. New comments cannot be posted and votes cannot be cast. This would cover 99.81% of Luna wallets while only representing 6.45% of total Luna at the Pre-attack snapshot. Save my name, email, and website in this browser for the next time I comment. But to no avail. Like many, I lost big during the Terra collapse. - Price Prediction Twitter: https://twitter.com/ZakaSignals Crypto Telegram Link: https://t.me/ZakaSignalsCrypto Business & Promotional Contacts: - Telegram - @ZakaTrades Click here to read more about the LFG reserve. Essential app developers looking to join for emergency allocation should signal public support for the net network on Twitter and social channels. The figure on total supply, on the other hand, is certain. New Inflation Rate: In the revival plan, Do Kwon said that the existing revenue streams wont be sufficient to cover the cost of security without increasing swap fees. Zaka Signals June 4, 2022 22 1 minute read Terra Luna Classic BURN TO $1! If you want to buy/sell/trade LUNC, you can support this website by signing up with one of our Terra has announced to burn approximately 1 billion UST (about $690 million) in the community pool while raising the Base Pool of LUNA accessible to 100 million, bringing the total minting capacity to over $1 billion. Statista. A Terra Luna burn was one potential recovery plan for the collapsed crypto. Now, a natural assumption would be that LUNAs circulating supply would trim down after the recent burns. Following the collapse of the Terra Classic ecosystem in May 2022, the supply of the native governance and utility token LUNC became massively inflated, leading to a monumental price crash. After a spike in early September, which was immediately retraced, the price fell from about $3 to $2.4. The recent launch of the Luna Classic and its community-driven development initiative have brought forth proposals 3568 and 4059 which have been passed with an overwhelming 99% approval from validators. If youve already voted and disagree with the changes, please vote No - you have 5 more days to do so. terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu, terra18vnrzlzm2c4xfsx382pj2xndqtt00rvhu24sqe, terra1sq6th05hdwwwxvymzytc93lvhjxyx4pkjurhgj, terra1w8nc8ev0ylg97qnj080np4lnljngdvpd90ev63, terra13s4gwzxv6dycfctvddfuy6r3zm7d6zklynzzj5, terra120ppepaj2lh5vreadx42wnjjznh55vvktwj679, terra1v74a5u6qsjuj4gu6at9yn4p35uctcz82f02fau, terra1rvxcszyfecrt2v3a7md8p30hvu39kj6xf48w9e, terra1akdd36ty2hvmfqqr7zt8jqpte0r7d37e5rynuw, terra153mwt0upple9klvrryrtckx9vneguw6ja33d3c, terra1j435gkgg8d0qadjcn09s73rtk5k3ftrx7mc4a8, MsgSend: Transfers from one wallet to another, MsgMultiSend: Multiple senders/receivers in a single transaction, MsgSwapSend: Swapping coins/tokens and sending to a wallet, MsgInstantiateContract: Creating a new smart contract, MsgExecuteContract: Smart contract transaction. terraluna by In a blogpost, Do Kwon outlined several measures in order to save the Terra (LUNA) Blockchain ecosystem. This move is aimed at decreasing the total number of tokens in circulation and ultimately benefiting the Terra Classic community. crypto referral codes. The Taxing transactions on the terra chain currently accounts for of the total 53 burns @ 3 BPH. Will the LUNC burn tax manage to reign in the hyperinflated supply? This proposal is planned to be activated concurrently with Proposal 3568. The original proposal, submitted by an anonymous community member, highlighted the reason for the motion, which is the recent significant decrease in the on-chain rate over the past 4 weeks. Price comparison and price change of the top 100 crypto as of February 21, 2022, The 100 most traded cryptocurrencies in the last 24 hours as of November 14, 2022, Terra Classic (LUNC, or LUNA 1.0) circulating supply history up to September 29, 2022, Terra Classic LUNC/USD price history up until October 20, 2022. Although no official announcement has been made concerning an increase in burns, a Twitter user brought some interesting data to light. On the contrary, LUNAs circulating supply has increased by over 1.9 million percent after Do Kwon dropped his second recovery proposal last week. The numbers provided have been gathered and calculated by Statista, from Bitquery and Messari.io, based on a tweet from LUNA CEO Do Kwon sent on May 21, 2022. 22h Burn alert! Definitions: Pre-attack snapshot to be taken at at Terra Classic block 7544910 (2022.05.07 23:00:04+08:00) Additionally, as summarised by the moving averages, FTM's technical analysis (TA) indicators at CoinGape's price tracker show a neutral position, recommending a "neutral" at . Payments / onramp - Kado, Alice Well, that isnt the case. On May 28, 2022, the creators behind LUNA released a 2.0 version of the cryptocurrency, whilst the "original" LUNA coin got rebranded into LUNC or Terra Classic. For a transaction to be included in the on-chain tax scheme, the transactions must be one of the In this update, we'll be taking a closer look at what these proposals entail and the impact they will have on the Luna Classic ecosystem. Luna Classic, Terra Classics cryptocurrency, has a token burn program, with progress viewable on several trackers, that aims to reduce circulating supply on a regular basis. The price of Terra Luna Classic (LUNC) is $0.000161270927 today with a 24-hour trading volume of $46,288,702. This will be a living document to coordinate the new network launch with the community. The Shibarium Public Beta Is Just Around The Corner. This represents a -0.50% price decline in the last 24 hours and a -4.00% price decline in the past 7 days. window.coinzilla_display=window.coinzilla_display||[];var c_display_preferences={};c_display_preferences.zone="325fe079eb73cc7840";c_display_preferences.width="300";c_display_preferences.height="250";coinzilla_display.push(c_display_preferences). Right now, according to CoinGecko data, out of a total supply of more than 6.9 trillion LUNC tokens there are more than 6.880 billion in circulation. Some top cryptocurrency exchanges have already announced that, they will support the proposal once it goes live on September 20, 2022, John Richmond Planning to Design SHIB-Themed Apparels for Shiba Inu Metaverse, Address Dormant For 2 Years Sends 68B Shiba Inu To Voyager, BabyDoge Burns 1 Quadrillion Tokens in One Transaction, Relist XRP Trends as Coinbase Launches Crypto Advocacy Campaign, Uphold Responds, Shiba Inu Announces Its Exhibition Date for Upcoming SXSW 2023 Festival, Fidelity Set to Launch Dedicated Bitcoin and Crypto Platform, Shiba Inu Lead Developer Reacts As Shibarium Gets New Support. As a Premium user you get access to the detailed source references and background information about this statistic. In the past few weeks, there has been a considerable gain in Fantom (FTM), which has resulted in the market cap reaching approximately $1.3 billion at press time. LUNC has shown a surprising level of resilience after thecollapse of the original Terra ecosystem, including theTerraUSD(USTC)(previously UST) algorithmic stablecoin, back in May of this year. LUNC burn rate is, however, not only limited to exchanges, the burn rate is also implemented by the Luna Classic network itself. Will Shiba Inu Coin Reach 25 Cents In 2023? In conclusion, the community-driven proposals 3568 and 4059 have been passed with an overwhelming 99% approval from validators. At least, that's what's supposed to happen. In fact, in just a few days, it went from 0.76 billion to 6.9 trillion tokens in circulation, and this literally imploded their price. The next burn is scheduled for Tuesday, October 11, at 00:00 UTC. not much, but it is a start and the burns keep coming. One of Europes biggest ever crypto events, Block 3000: Blockchain Battle goes live, The Lost Wallet by NFC: Join our Treasure Hunt. 0.553715 % in Decreases from the LUNA Classic Circulation Supply, 4.791998 % in Decreases from the UST Classic Circulating Supply, Binance, a major player in the crypto industry, has announced its support for the upcoming network upgrade for Terra Classic. If you are going to burn your luna, convert it to UST and burn UST instead Reply Fit-Boomer . However, Luna. However, according to CoinCheckup data, the circulating supply has shrunk from 210 million at the end of May to the current 125 million. In addition, the burn mechanism creates deflationary pressure on the token, as the total supply of tokens decreases over time. burn. Although distressed, strong brand recognition and a name that almost everyone in the world will have heard about No reason was provided why this was the case. As a result of Terra Luna Classic community approving Core Developer Edward Kim's "Upgrade v1.1.0" proposal, the Binance LUNC burn protocol has been resumed. Luna (LUNA) is currently ranked as the #108 cryptocurrency by market cap. , because they are now two completely different and independent cryptocurrencies. However, with the Binance Luna 2.0 support, it seems Binance will not contribute to this burn. Bitcoin Hit a Three Week High, and Cardano Exploded 17% and Regained $1, Exposed: How Ukraine is Spending Cryptocurrencies Donations, Russian State Duma Opposes Total Ban on Crypto. However, this has been later changed to 0.2% in order to encourage more activity on the blockchain. from a hard fork. Dapps in the Terra ecosystem are designed to increase UST demand, while the issuance of UST implies a reduction in the Luna supply. $LUNA added since last Tweet: 7,062,603 ($1382.72). If my work helps you, consider a small donation. 24-hour trading volume is $48.39M USD. A 20-year trader share his ways to profit, How to buy, sell and create NFTs on OpenSea. Terra Luna Classic price has increased by almost 60% in the last few days. Stay updated on all the news concerning cryptocurrencies and the whole world of the blockchain. Buy, trade and hold 350+ cryptocurrencies on Binance. This makes up just making up just 0.055% of the circulating supply. Though the trade in the toke was halted and it was delisted from a number of Indian exchanges. You can only download this statistic as a Premium user. So, where did Terra Classic come from? Meanwhile, the original Terra (LUNA) naming was assigned to a new blockchain that launched in June 2022 with no algorithmic stablecoin functionality. Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. By burning a portion of tokens every time someone trades on the blockchain, Luna Classic can reduce the total number of tokens in circulation and ensure that users are rewarded for holding onto their coins. When is the next Luna Classic burn taking place? As investors continued to bet against LUNA and UST, Do Kwon attempted to save the sinking ship by proposing two recovery plans. However, Luna Classic should not be confused with Luna, because they are now two completely different and independent cryptocurrencies. Save my name, email, and website in this browser for the next time I comment. 593348 USTC 956,519,610. This is to ensure that depeg related allocation is on par with the original stakeholder (pre-attack Luna) allocation. Your email address will not be published. In the aftermath, the original blockchain rebranded to Terra Classic (LUNC). 00 Token Coinbase Answers: Earn Free $3 00 Token Crypto. This according to data from within. Burn alert! If you continue to use this site we will assume that you are happy with it. By simply listening some musics playlist on spotify, youtube. Burning a part of LUNC supply is part of efforts investors believe would bolster the value of the cryptocurrency again. 069336 LUNC 9,800,590,920. These numbers give an idea of the potential impact if these proposals were implemented by other major exchanges as well. It did, technically, have the same effect as a burn could in reducing the supply, although deciding to restart the chain was a more nuclear approach. Even though the Luna 2.0 crypto exchange list grows, some exchanges previously vowed to burn Luna through their transaction fees. LUNA on the Classic chain was renamed to LUNC. The big question now is how high LUNC price will go following the next LUNC burn.. Terra Luna Classic Price Prediction 2025-2030: Will LUNC Hit $5? Table with the burning of Terra Luna Classic (LUNC) since the activation of the 1.2% burning tax in the transactions over the Terra Classic network. The current CoinMarketCap ranking is #54, with a live market cap of $949,594,314 USD. You have entered an incorrect email address! However, the current burn rate of 0.2% has not been sufficient in stimulating more activity on the Terra Classic network. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem. Separately, many holders had proposed to fast-track the LUNA burn process to inflate the value of existing tokens. He founded ilBitcoin.news and the Facebook group" Bitcoin Italia (open and without scam) ". Lunc Burner Online Your Burn Tracker for Terra Luna Classic Last update: 26. January 2023, 15:25 CET Completely Burned Luna 38.117.624.552 0.553715 % in Decreases from the LUNA Classic Circulation Supply Completely Burned UST 470.469.147 4.791998 % in Decreases from the UST Classic Circulating Supply Which exchanges have agreed to burn 1.2% on Terra Luna Classic (LUNC)? The worlds longest-running cryptocurrency exchange since 2011 2011-2023 BTCC.com. Luna to be airdropped across Luna Classic stakers, Luna Classic holders, residual UST holders, and essential app developers of Terra Classic. This ensures that the total supply of tokens is constantly decreasing, thus increasing their value over time. It was built as a passion project to help quantify and track the burn. 1 LUNC = $0.00031394 #LunaBurn, LunaBurnTracker (@LunaBurnTracker) September 18, 2022. As soon as this statistic is updated, you will immediately be notified via e-mail. Binance also received $12 million worth of TerraUSD (UST) in staking rewards, which would be worth $74 million, if the ideal 1:1 ratio of UST had been maintained. LUNC is gaining traction in the community, but LUNA 2.0 is being left in the sand.As a community-led rehabilitation approach following the collapse of Terra/Luna, a Terra Luna burn may have been implemented. The ultimate guide, How Compound works for lending with cryptocurrencies, Crypto gadgets: new physical device for tracking cryptocurrencies. Create a new Terra chain without the algorithmic stablecoin. It did, technically, have the same effect as a burn could in reducing the supply, although deciding to restart the chain was a more nuclear approach. As highlighted by LUNC Burn, an unofficial Twitter account tracking LUNC burn activity, hours before the burn went live, about 4.1 billion LUNC had been burned without the parameter change. This document has been edited in conjunction with input from the Terra Builders Alliance, and has endorsement of both the TBA and TFL. This rate is set to increase over time as well, depending on the situation in the market and the liquidity of Luna Classic tokens. These include algorithmic buybacks that are triggered when certain conditions are met, such as when the price goes above a predetermined level. Data from Etherscan showed that several batches of LUNA coins were being transferred to burn addresses, some even ranging as high as 90 Million tokens. However, LUNA holders did not receive positive updates as both Terras native tokens continued to be dumped on exchanges. Target staking rewards of 7% p.a. Until May 2021, sentiment about the Terra-Luna project was very positive, but after the implosion, it became heavily negative. It costs you nothing. Most traders know of Terra Luna. The bigquestion now is how high LUNC price will go following the next LUNCburn. The Luna Classic team has also developed a series of other mechanisms to increase the scarcity of their tokens. Oct 2, 2022 3 min read Image: Shutterstock The value of Luna Classic, LUNC, is up over 70% for the week and up over 44% for the month, hitting $0.000365 mid Sunday as traders awaited final token burn numbers from Binance. With some Luna holders calling for TerraForm Labs or the Luna Foundation Guard to buy and burn the supply, users have questioned where these places would get the money to do such huge burns from. Price of the Top 10 cryptocurrencies by their market capitalization, from highest to lowest.
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