According to LUNCMetrics, the network surpassed the 400 billion burn milestone this week. Over 400.6 billion LUNC tokens have been incinerated so far, with the trend continuing.

In the last seven days alone, 1.45 billion tokens were burned, leaving 6.5 trillion coins still in circulation. Terraform Labs, which filed for bankruptcy protection in 2024, remains the largest contributor to token burns, having destroyed over 259 billion tokens as part of a U.S. court order tied to its bankruptcy proceedings.

Binance has burned over 70 million tokens, while DFLUNC, LunaticsToken, and MEXC are among the next major contributors. In theory, burning reduces the circulating supply of a cryptocurrency, which could increase its price by making the remaining tokens rarer.#LUNC✅ $LUNC