Burning the Luna Classic (LUNC) currency is the process of permanently removing a quantity of the currency to reduce its supply, with the aim of increasing its market value and stimulating demand. After the collapse of the LUNA/UST system and the increase in the number of LUNC coins to over 6 trillion, burning has become a fundamental means for the community to regain trust and improve the internal economy of the currency. More than 100 billion have been burned so far, with contributions from the Binance platform and the developer community. Burning alone is not enough to raise the price, but it is an important step within a larger plan that includes network development and increased usage.
$LUNC $LUNA
#CardanoDebate
#IsraelIranConflict #LUNC✅
$LUNC $LUNA
#CardanoDebate
#IsraelIranConflict #LUNC✅
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