the burning alone is useless. By giving utility to the token, one could hope for a rebirth.
AEGIS_ANALAYSIS
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• $LUNC and USTC $ are burning on Terra Classic chains have reached dangerous levels. Tax burn operations continue uninterrupted on the Terra Classic chain. In addition to burns; mass burns are also occurring. With the latest burns; Total amount $USTC burned reached 5,183,477,001. Total amount $LUNC burned reached 407,373,178,854. The biggest support for the Terra Classic community came from Binance. Binance exchange has burned more than 70 billion #LUNC. It continues its burns. Mass burns will continue. Court proceedings between TFL and SEC are ongoing. LFG assets have been burned. Next is the burn of $USTC and $LUNC in TFL wallets. We estimate that there is a large amount of $USTC in these wallets. #TerraClassic #Binance #bullish #Altcoin #burns season
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