#Burning
$LUNC
#LUNCBurning 🔥🔥🔥 Burn $LUNC until the total supply is 1 Trillion or less, and burn $USTC until the total supply is 1 Billion or less. 🔥 #Binance
LUNC’s Price Drop – The Hidden Whales’ Accumulation Game?
LUNC’s price tumbled 8% in the last 24 hours, currently trading at $0.00007068. The broader market selloff, triggered by fears of an economic trade war linked to former U.S. President Donald Trump, has caused panic across crypto. However, behind the scenes, LUNC’s trading volume surged by 25%, signaling renewed interest.
Introduction: Terra Luna Classic (LUNC) Burns, Whales Accumulate – What’s Next?
The Terra Luna Classic (LUNC) burn campaign has hit another massive milestone, crossing 400 billion tokens burned. Binance, the world’s largest crypto exchange, has once again fueled the fire by burning over 736 million LUNC tokens in its 30th batch of the burn mechanism. But despite these aggressive burns, LUNC’s price has taken a hit, dropping nearly 11% amid a market-wide selloff.
With the circulating supply shrinking to 5.5 trillion, the question remains—why are big whales and sharks still accumulating LUNC at these low levels? Are they preparing for a massive rally? Let’s break down the hidden game behind LUNC’s recent burns and price action.
Binance’s Burn – A Sign of Commitment or A Slowdown?
On February 1, 2025, Binance burned 736 million LUNC tokens, one of its lowest burns in months. Compared to its previous 1.7 billion LUNC burn, this has raised eyebrows in the community. Some speculate that Binance is scaling back support, while others believe it’s strategically aligning with whales before a major price movement.
Despite this, Binance remains the biggest contributor to LUNC’s burn, having wiped out over 70.85 billion LUNC tokens in total. But with fewer tokens entering circulation and burns continuing, why is LUNC’s price struggling?
Key Observations:
Whales typically accumulate during dips before a massive breakout.
LUNC’s price suppression could be deliberate, allowing accumulation at lower levels.
A major supply shock is inevitable as burns continue, possibly triggering a sharp price surge.
Many analysts believe LUNC could still rally toward $0.0007 in the short term, with a long-term upside potential if burns accelerate further.
USTC’s Role in the Terra Classic Revival
LUNC isn’t the only token under the microscope. USTC, Terra’s algorithmic stablecoin, also saw an 8% drop in price, now trading at $0.013. But here’s the twist—USTC’s trading volume jumped by 33% in the past 24 hours.
This signals that whales and institutional players are quietly making moves. Some suspect a re-pegging attempt could be in the works, which would bring massive liquidity back into the Terra Classic ecosystem.
A successful USTC revival could send LUNC skyrocketing, as the two tokens are deeply interconnected.
400 Billion Burn Milestone – What’s Next?
The LUNC burn campaign is unstoppable, with community-led efforts pushing the total burned supply beyond 400 billion tokens. Validators, developers, and even Binance’s founder CZ have expressed their commitment to LUNC’s long-term revival.
However, the big question remains:
Will LUNC break past its price suppression and rally?
Are whales accumulating before an explosive move?
Could a supply shock trigger LUNC’s next 1000% pump?
