$LUNC
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Binance's Support for LUNC and USTC
Binance isn’t just burning LUNC— they’ve always stayed in close contact with the Terra Classic community. After the LUNA/UST crash, Binance gave the biggest support to $LUNC, and CZ (Binance's CEO) has always shown interest in the project.
The burn tax was reduced from 1.2% to 0.5%, and Seigniorage printing was stopped — all at Binance’s request.
Binance had planned to delist USTC in countries under MiCA regulations, but this was reversed after both sides reached an agreement.
Even though Binance still supports the Terra Classic community, it hasn’t had much impact on the price of LUNC or USTC. This is frustrating for many investors. The overall crypto market is weak, but these current prices for LUNC and USTC are extremely low and may offer opportunities.