š„ Binanceās Latest LUNC Updates
1. Massive Token Burns
⢠Over 57.3āÆbillion LUNC has been burned to date, with Binance directly responsible for more than 29āÆbillion tokensāover 51% of the total burnsĀ .
⢠Binanceās 30th monthly burn recently removed another ~736āÆmillion LUNC, contributing to the 405āÆbillion+ total burned since May 2022Ā .
⢠Previous burns: from 1.7āÆbillion LUNC in January to over 1āÆbillion monthly in late 2024Ā .
2. Support for Network Upgrades
⢠Binance backed the Terra Classic v3.4.0 upgrade (Feb 25,āÆ2025), temporarily halting deposits and withdrawals to ensure a smooth upgrade. This added security patches and removed fork modulesĀ .
⢠Earlier, Binance also supported the v3.3.0 upgrade with a deposit/withdrawal freeze to maintain network reliability .
3. Burn Strategy & Scarcity Push
⢠The community (via on-chain Tax2Gas and validator initiatives) and Binance are escalating efforts: aiming for 30āÆbillion LUNC burned monthly, with potential to surge to 100+āÆbillion in favorable market conditions
ā What It Means for LUNC
⢠Supply reduction via regular burns helps drive scarcityāa bullish indicator for long-term value.
⢠Exchange support and upgraded protocol security by Binance strengthen confidence and utility.
⢠Community-driven efforts (Tax2Gas, validator burns) highlight sustained grassroots involvement.
š Quick Timeline
Date Range Highlights
Since May 2022 ~405āÆB LUNC burned total
~2 months ago 736āÆM LUNC in 30th burn
Feb 25, 2025 Support for v3.4.0 upgrade
Continuous Burns Monthly burns (~1ā2āÆB) ongoing
š·ļø Suggested Hashtags for Posting
Use these to align your updates with the LUNC community:
#LUNC #LunaClassic #Binance #LUNCburn #CryptoBurn #TerraClassic #LUNCArmy #CryptoNews #BlockchainUpdates
⢠Include the specific burn milestones like #405BBurned or #736MBurn for attention.
⢠Combine with #LUNCcommunity and #CryptoScarcity to highlight grassroots and economic themes.
š§ How to Use This
⢠Tweet or post: āBinance leads š„ with LUNC burnsāover 405āÆB tokens destroyed! Latest: 736āÆM in 30th burn. š
#LUNC #LunaClassic #Binance #LUNCburn #CryptoScarcityā
⢠Include link to Binance Square burn update or Coin Daisy recap for credibility.