🔥 $LUNC — Coin Burn: What You Need to Know! 🔥
The Terra Luna Classic community ($LUNC) is in an intense campaign to reduce the circulating supply and increase scarcity through massive burns.
💡 What is LUNC burning?
Burning tokens means permanently removing them from circulation by sending them to an inaccessible wallet. Less supply = greater potential for appreciation in the long term.
📊 Recent Progress
Community burns: Over 70 billion LUNC have already been burned! 🔥
Support from Binance: The world's largest exchange burns billions of LUNC monthly using trading fees.
1.2% tax on transactions to fund daily automatic burns.
🚀 Why does this matter?
✅ Decreasing supply = possibility of price increase.
✅ Growing scarcity following deflationary models like Bitcoin.
✅ Community strength proving engagement and resilience of the project.
🔮 Looking to the future
If the rate of burns continues, the $LUNC could gain new momentum in the market. Will we see an explosive rally in the coming months?
📢 Your opinion matters: Will the burns take the $LUNC to the moon?