Yes, Terra Luna Classic (LUNC) token burns are expected to continue in the coming days. Binance is a prominent participant in these efforts, burning trading fees on spot and margin trading pairs of LUNC periodically. For example, in the 18th batch, Binance burned 2.1 billion LUNC tokens, bringing the total burned by the platform to over 50 billion tokens, which is about 52.1% of the total burned by the Terra Luna Classic community.
To date, the total LUNC tokens burned by the community has reached about 98.5 billion tokens, with efforts to increase this number continuing in order to reduce the circulating supply and boost the value of the token.
In addition, the price of LUNC saw a 25% increase in February 2024 after the latest burns, indicating a positive impact of these burns on the value of the token.
Therefore, LUNC token burning is likely to continue in the near future as part of ongoing efforts to stabilize and increase the value of the coin.
