The fire is real — and Binance just threw more fuel on it.
With the **fifth major burn** completed, over **24,853 LUNC** have vanished into the void. But that’s just the tip of the blaze...
In *just this month*, Binance has torched **498.6 million tokens**, helping push the grand total to a staggering **73.04 billion LUNC burned** by Binance alone.
That’s **17.8%** of the entire community burn — a collective effort that’s wiped out **411.17 billion LUNC** and counting.
Last week? Over **383 million LUNC** reduced to digital smoke —
Including a jaw-dropping **200 million** burned in just **one day**.
The result? Circulating supply now sits around **6.49 trillion**.
It’s a dent. A signal. But is it *enough*?
Despite the epic burn campaign, the price is still crawling —
Up only **0.5%** in 24 hours, hovering near **\$0.00005718**.
And with trading volume down **27%**, the market feels… hesitant.
The charts don’t lie:
The infamous **death cross** still lingers.
The **20-EMA** dipped under the **50-EMA**.
And key support at **\$0.000055** is on thin ice —
A breakdown here could plunge LUNC toward **\$0.000045 - \$0.00005**.
Derivatives?
Binance traders are showing *some* optimism — open interest up **0.77%**, with a quick **1.54% boost** in just 4 hours.
But Bybit? Pullback.
Mixed signals. Unstable footing.
All eyes now turn to the **InterChain Summit** in Germany —
Where game-changing discussions could reshape Terra Classic’s future.
Top of the list?
Reactivating the **market module**.
And fixing the shrinking **oracle pool**, which dropped from **115B to 69B** tokens in a year — a major concern for long-term trust and utility.
So, where does this leave us?
🔥 LUNC is burning faster than ever.
📉 But price momentum is lagging.
⚖️ The future hangs in balance — between community firepower and technical weakness.
This is the calm before a decision.
Will Terra Luna Classic finally flip the script…
Or fade into just another chapter of crypto history?
One thing's clear — the next move could define everything.
Watch closely. The fire hasn’t gone out.
It’s *waiting*.
#MarketPullback #IsraelIranConflict #MyTradingStyle #GENIUSActPass #DAOBaseAIBinanceTGE